PennyMac Mortgage Investment Trust (PMT) Operating Expenses (2010 - 2026)
PennyMac Mortgage Investment Trust (PMT) posted Operating Expenses of $55.9 million for Q2 2026, up 1.21% on a QoQ basis from $55.2 million in Q1 2026, and up 5.1% year-over-year from $53.2 million in Q2 2025.
Analysis
PennyMac Mortgage Investment Trust (PMT) Operating Expenses (2010 - 2026) Analysis & Trends
PennyMac Mortgage Investment Trust has reported Operating Expenses for 17 years, with the latest figure at $55.9 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 5.1% year-over-year to $55.9 million in Q2 2026; TTM through Jun 2026 was $220.8 million, a 4.61% increase from a year earlier, with the FY2025 full-year figure at $213.6 million, up 11.54% from the prior year.
- Operating Expenses was $55.9 million for Q2 2026 at PennyMac Mortgage Investment Trust, up from $55.2 million in the prior quarter.
- The five-year high for Operating Expenses was $63.8 million in Q1 2022, with the low at $41.8 million in Q1 2024.
- Average Operating Expenses over 5 years is $52.3 million, with a median of $53.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses sank 43.06% in 2022, then increased 24.9% in 2025.
- Over 5 years, Operating Expenses stood at $54.8 million in 2022, then fell by 18.96% to $44.5 million in 2023, then rose by 18.79% to $52.8 million in 2024, then rose by 8.8% to $57.4 million in 2025, then declined by 2.68% to $55.9 million in 2026.
- The last three Operating Expenses figures came in at $55.9 million (Q2 2026), $55.2 million (Q1 2026), and $57.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 16.21 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 51.40 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 111.00 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 17.16 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 76.02 Mn |
| 10 | PennyMac Mortgage Investment Trust | 840.19 Mn | 419.34 Mn | - | 55.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.91 Mn |
| 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 |