Granite Point Mortgage Trust (GPMT) Operating Expenses (2016 - 2026)
Granite Point Mortgage Trust's (GPMT) quarterly Operating Expenses came in at $13.9 million in Q1 2026, down 3.12% YoY from $14.3 million in Q1 2025, and down 30.4% on a QoQ basis from $19.9 million in Q4 2025.
Granite Point Mortgage Trust (GPMT) Operating Expenses (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust (GPMT) has 11 years of Operating Expenses data on file, last reported at $13.9 million in 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 eased to $13.9 million in Q1 2026, from $19.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $19.9 million in Q4 2025 to a low of $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.
- The widest YoY moves for Operating Expenses: up 59.31% in 2025, down 14.44% in 2025.
- Tracing GPMT's Operating Expenses over 5 years: stood at $9.0 million in 2022, then increased by 15.52% to $10.4 million in 2023, then gained by 20.33% to $12.5 million in 2024, then surged by 59.31% to $19.9 million in 2025, then sank by 30.4% to $13.9 million in 2026.
- The last three Operating Expenses figures came in at $13.9 million (Q1 2026), $19.9 million (Q4 2025), and $12.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 16.21 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 111.00 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 17.16 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 76.02 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 6.76 Mn |
| 10 | Granite Point Mortgage Trust | 53.75 Mn | -4.75 Mn | - | 19.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |