Ladder Capital (LADR) Operating Expenses (2013 - 2026)
Ladder Capital recorded quarterly Operating Expenses of $5.1 million in Q1 2026, up 105.42% quarter-over-quarter from -$94.0 million in Q4 2025, and up 12.8% year-over-year from $4.5 million in Q1 2025.
Ladder Capital's Operating Expenses history runs 14 years deep, the most recent figure standing at $5.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 12.8% year-over-year to $5.1 million; the TTM figure through Mar 2026 stood at -$82.8 million (down 730.69% YoY), while the FY2025 annual figure was $19.4 million, up 151.7% from the prior year.
- Operating Expenses came in at $5.1 million for Q1 2026 at Ladder Capital, up from -$94.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $144.5 million in Q4 2023 to a low of -$94.0 million in Q4 2025.
- A 5-year average of $17.9 million and a median of $5.1 million in 2026 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 2568.59% in 2023 and slumped 5294.42% in 2025, its largest moves.
- Ladder Capital's Operating Expenses stood at $5.4 million in 2022, then soared by 2568.59% to $144.5 million in 2023, then slumped by 98.75% to $1.8 million in 2024, then plunged by 5294.42% to -$94.0 million in 2025, then soared by 105.42% to $5.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.1 million, -$94.0 million, and $5.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.61 Bn | 13.35 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.52 Bn | 10.85 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.36 Bn | 6.36 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.16 Bn | 4.85 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.04 Bn | 2.49 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.57 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.00 Bn | 1.27 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.31 Bn | 763.45 Mn | - | 49.45 Mn |
| 10 | Ladder Capital | 1.26 Bn | 1.22 Bn | - | 5.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.09 Mn |
| Dec 31, 2025 | -93.97 Mn |
| Sep 30, 2025 | 5.28 Mn |
| Jun 30, 2025 | 844,000.00 |
| Mar 31, 2025 | 4.52 Mn |
| Dec 31, 2024 | 1.81 Mn |
| Sep 30, 2024 | 4.51 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 1.99 Mn |
| Dec 31, 2023 | 144.45 Mn |
| Sep 30, 2023 | 37.94 Mn |
| Jun 30, 2023 | 39.13 Mn |
| Mar 31, 2023 | 46.24 Mn |
| Dec 31, 2022 | 5.41 Mn |
| Sep 30, 2022 | 38.57 Mn |
| Jun 30, 2022 | 4.65 Mn |
| Mar 31, 2022 | 55.69 Mn |
| Dec 31, 2021 | 112.92 Mn |
| Sep 30, 2021 | 31.76 Mn |
| Jun 30, 2021 | 4.22 Mn |
| Mar 31, 2021 | 4.24 Mn |
| Dec 31, 2020 | 153.30 Mn |
| Sep 30, 2020 | 3.94 Mn |
| Jun 30, 2020 | 31.05 Mn |
| Mar 31, 2020 | 5.79 Mn |
| Dec 31, 2019 | 36.84 Mn |
| Sep 30, 2019 | 36.99 Mn |
| Jun 30, 2019 | 38.07 Mn |
| Mar 31, 2019 | 46.39 Mn |
| Dec 31, 2018 | 36.61 Mn |
| Sep 30, 2018 | 40.14 Mn |
| Jun 30, 2018 | 38.75 Mn |
| Mar 31, 2018 | 43.13 Mn |
| Dec 31, 2017 | 52.80 Mn |
| Sep 30, 2017 | 39.24 Mn |
| Jun 30, 2017 | 40.12 Mn |
| Mar 31, 2017 | 38.26 Mn |
| Dec 31, 2016 | 45.34 Mn |
| Sep 30, 2016 | 40.62 Mn |
| Jun 30, 2016 | 37.41 Mn |
| Mar 31, 2016 | 35.16 Mn |
| Dec 31, 2015 | 38.35 Mn |
| Sep 30, 2015 | 42.26 Mn |
| Jun 30, 2015 | 44.18 Mn |
| Mar 31, 2015 | 43.38 Mn |
| Dec 31, 2014 | 48.05 Mn |
| Sep 30, 2014 | 42.21 Mn |
| Jun 30, 2014 | 45.26 Mn |
| Mar 31, 2014 | 38.58 Mn |
| Dec 31, 2013 | 33.53 Mn |
| Sep 30, 2013 | 30.60 Mn |
| Jun 30, 2013 | 27.95 Mn |
| Mar 31, 2013 | 29.39 Mn |