PennyMac Mortgage Investment Trust (PMT-PC) Operating Expenses (2010 - 2026)

PennyMac Mortgage Investment Trust (PMT-PC) recorded quarterly Operating Expenses of $55.2 million in Q1 2026, down 3.85% quarter-over-quarter from $57.4 million in Q4 2025, and up 8.82% on a YoY basis from $50.8 million in Q1 2025.

PennyMac Mortgage Investment Trust (PMT-PC) Operating Expenses (2010 - 2026) Analysis & Trends

PennyMac Mortgage Investment Trust's Operating Expenses history runs 17 years deep, the most recent figure standing at $55.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 8.82% year-over-year to $55.2 million; the TTM figure through Mar 2026 stood at $218.1 million (up 8.79% YoY), while the FY2025 annual figure was $213.6 million, up 11.54% from the prior year.
  • Operating Expenses was $55.2 million for Q1 2026 at PennyMac Mortgage Investment Trust, down from $57.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $63.8 million in Q1 2022 to a low of $41.8 million in Q1 2024.
  • Historically, Operating Expenses has averaged $52.1 million across 5 years, with a median of $52.8 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses slumped 43.06% in 2022, then grew 24.9% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $54.8 million in 2022, then declined by 18.96% to $44.5 million in 2023, then increased by 18.79% to $52.8 million in 2024, then increased by 8.8% to $57.4 million in 2025, then slipped by 3.85% to $55.2 million in 2026.
  • The last three Operating Expenses figures came in at $55.2 million (Q1 2026), $57.4 million (Q4 2025), and $52.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 63.74 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - 34.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 480.31 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 1.24 Bn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 110.77 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 21.25 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 15.35 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - 80.37 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 49.45 Mn
10 PennyMac Mortgage Investment Trust - - 62.41 Mn 55.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 55.24 Mn
Dec 31, 2025 57.45 Mn
Sep 30, 2025 52.23 Mn
Jun 30, 2025 53.20 Mn
Mar 31, 2025 50.76 Mn
Dec 31, 2024 52.80 Mn
Sep 30, 2024 54.33 Mn
Jun 30, 2024 42.59 Mn
Mar 31, 2024 41.82 Mn
Dec 31, 2023 44.45 Mn
Sep 30, 2023 45.01 Mn
Jun 30, 2023 43.60 Mn
Mar 31, 2023 51.57 Mn
Dec 31, 2022 54.85 Mn
Sep 30, 2022 60.69 Mn
Jun 30, 2022 61.37 Mn
Mar 31, 2022 63.78 Mn
Dec 31, 2021 68.99 Mn
Sep 30, 2021 88.51 Mn
Jun 30, 2021 107.77 Mn