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
DateValue
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