Granite Point Mortgage Trust (GPMT) Operating Expenses (2016 - 2026)
Granite Point Mortgage Trust (GPMT) posted Operating Expenses of $13.9 million for Q1 2026, down 30.4% on a QoQ basis from $19.9 million in Q4 2025, and down 3.12% year-over-year from $14.3 million in Q1 2025.
Granite Point Mortgage Trust (GPMT) Operating Expenses (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust's Operating Expenses history runs 11 years deep, the most recent figure standing at $13.9 million for Q1 2026.
- Quarterly Operating Expenses fell 3.12% year-over-year to $13.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $60.7 million (up 16.45% YoY) and the FY2025 annual result came in at $61.2 million, up 22.16% from the prior year.
- Operating Expenses was $13.9 million for Q1 2026 at Granite Point Mortgage Trust, down from $19.9 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.
- A 5-year average of $12.1 million and a median of $11.4 million in 2023 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 59.31% in 2025, while the deepest fall reached 14.44% in 2025.
- Granite Point Mortgage Trust's 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 tumbled by 30.4% to $13.9 million in 2026.
- Business Quant data shows GPMT's Operating Expenses at $13.9 million in Q1 2026, $19.9 million in Q4 2025, and $12.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 110.77 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 80.37 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 21.25 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 17.16 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 49.45 Mn |
| 10 | Granite Point Mortgage Trust | 64.36 Mn | 556.52 Mn | - | 13.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 8.71 Mn |