Granite Point Mortgage Trust GPMT
NYSE GPMT
$1.01 -0.02 (-2.40%)
As of: Sep 8, 2026 · 3:59 PM EDT

Granite Point Mortgage Trust (GPMT) Operating Expenses (2016 - 2026)

Granite Point Mortgage Trust's (GPMT) quarterly Operating Expenses came in at $19.6 million in Q2 2026, up 35.41% on a YoY basis from $14.5 million in Q2 2025, and up 41.43% quarter-over-quarter from $13.9 million in Q1 2026.

Analysis

Granite Point Mortgage Trust (GPMT) Operating Expenses (2016 - 2026) Analysis & Trends

Granite Point Mortgage Trust (GPMT) has reported Operating Expenses for 11 consecutive years, with $19.6 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 35.41% year-over-year to $19.6 million; the trailing twelve-month figure through Jun 2026 stood at $65.8 million (up 17.89% YoY), and the FY2025 full-year result was $61.2 million, up 22.16% from the prior year.
  • Operating Expenses advanced to $19.6 million in Q2 2026 per GPMT's latest filing, from $13.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $19.9 million in Q4 2025 and bottomed at $8.4 million in Q3 2022.
  • Historically, Operating Expenses has averaged $12.5 million across 5 years, with a median of $11.8 million in 2023.
  • The widest YoY moves for Operating Expenses: up 59.31% in 2025, down 14.44% in 2025.
  • Over 5 years, Operating Expenses stood at $9.0 million in 2022, then gained by 15.52% to $10.4 million in 2023, then climbed by 20.33% to $12.5 million in 2024, then jumped by 59.31% to $19.9 million in 2025, then decreased by 1.56% to $19.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $19.6 million, $13.9 million, and $19.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 71.74 Mn
2 AGNC Investment 12.43 Bn 11.10 Bn - 30.00 Mn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 524.77 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 1.28 Bn
5 Dynex Capital 2.88 Bn 2.27 Bn - 16.21 Mn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 51.40 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 111.00 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 17.16 Mn
9 Ellington Financial 1.71 Bn 1.46 Bn - 76.02 Mn
10 Granite Point Mortgage Trust 48.48 Mn -10.02 Mn - 19.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.61 Mn
Mar 31, 2026 13.86 Mn
Dec 31, 2025 19.92 Mn
Sep 30, 2025 12.46 Mn
Jun 30, 2025 14.48 Mn
Mar 31, 2025 14.31 Mn
Dec 31, 2024 12.50 Mn
Sep 30, 2024 14.57 Mn
Jun 30, 2024 10.77 Mn
Mar 31, 2024 12.24 Mn
Dec 31, 2023 10.39 Mn
Sep 30, 2023 10.97 Mn
Jun 30, 2023 11.37 Mn
Mar 31, 2023 10.56 Mn
Dec 31, 2022 8.99 Mn
Sep 30, 2022 8.36 Mn
Jun 30, 2022 9.46 Mn
Mar 31, 2022 9.89 Mn
Dec 31, 2021 8.43 Mn
Sep 30, 2021 9.23 Mn