PennyMac Mortgage Investment Trust (PMT) Interest Expenses (2010 - 2026)
PennyMac Mortgage Investment Trust's (PMT) quarterly Interest Expenses came in at $288.6 million in Q1 2026, up 30.99% year-on-year from $220.3 million in Q1 2025, and down 60.46% quarter-over-quarter from $729.8 million in Q4 2025.
PennyMac Mortgage Investment Trust (PMT) Interest Expenses (2010 - 2026) Analysis & Trends
PennyMac Mortgage Investment Trust's Interest Expenses history runs 17 years deep, the most recent figure standing at $288.6 million for Q1 2026.
- On a quarterly basis, Interest Expenses rose 30.99% year-over-year to $288.6 million in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 90.92% increase from a year earlier, with the FY2025 full-year figure at $870.4 million, up 21.79% from the prior year.
- Interest Expenses slipped to $288.6 million in Q1 2026 per PMT's latest filing, from $729.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at $729.8 million in Q4 2025 and bottomed at $63.5 million in Q1 2022.
- The 5-year median for Interest Expenses is $184.2 million (2024), against an average of $207.5 million.
- Across the five-year window, Interest Expenses slumped 30.67% in 2022 and soared 296.31% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $154.7 million in 2022, then climbed by 1.02% to $156.3 million in 2023, then gained by 17.86% to $184.2 million in 2024, then surged by 296.31% to $729.8 million in 2025, then slumped by 60.46% to $288.6 million in 2026.
- Per Business Quant, the three latest PMT Interest Expenses figures stand at $288.6 million (Q1 2026), $729.8 million (Q4 2025), and $228.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 444.66 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 220.74 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 97.38 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 178.14 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 285.73 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 131.16 Mn |
| 10 | PennyMac Mortgage Investment Trust | 834.25 Mn | 432.60 Mn | 62.41 Mn | 288.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 288.61 Mn |
| Mar 31, 2026 | 288.61 Mn |
| Dec 31, 2025 | 729.82 Mn |
| Dec 31, 2025 | 729.82 Mn |
| Sep 30, 2025 | 228.39 Mn |
| Sep 30, 2025 | 228.39 Mn |
| Jun 30, 2025 | 205.15 Mn |
| Jun 30, 2025 | 205.15 Mn |
| Mar 31, 2025 | 220.33 Mn |
| Mar 31, 2025 | 220.33 Mn |
| Dec 31, 2024 | 184.16 Mn |
| Dec 31, 2024 | 184.16 Mn |
| Sep 30, 2024 | 184.17 Mn |
| Sep 30, 2024 | 184.17 Mn |
| Jun 30, 2024 | 171.84 Mn |
| Jun 30, 2024 | 171.84 Mn |
| Mar 31, 2024 | 187.62 Mn |
| Mar 31, 2024 | 187.62 Mn |
| Dec 31, 2023 | 156.25 Mn |
| Dec 31, 2023 | 156.25 Mn |