Terra Property Trust TPTS
NYSE TPTS
$15.94 +0.00 (+0.00%)
As of: Sep 8, 2026 · 9:46 AM EDT

Terra Property Trust (TPTS) Gross Margin (2019 - 2026)

Terra Property Trust's (TPTS) quarterly Gross Margin came in at 95.24% in Q2 2026, down 361.0% year-over-year from 36.49% in Q2 2025, and down 3.43% quarter-over-quarter from 98.62% in Q4 2025.

Analysis

Terra Property Trust (TPTS) Gross Margin (2019 - 2026) Analysis & Trends

Terra Property Trust has disclosed Gross Margin across 8 years of filings, most recently posting 95.24% for Q2 2026.

  • In Q2 2026, Gross Margin fell 361.0% year-over-year to 95.24%; the TTM figure through Jun 2026 stood at 97.94% (down 95.0% YoY), while the FY2025 annual figure was 98.44%, down 43.0% from the prior year.
  • Gross Margin came in at 95.24% for Q2 2026 at Terra Property Trust, down from 98.62% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 99.71% in Q4 2023 to a low of 95.24% in Q2 2026.
  • Average Gross Margin over 5 years is 98.62%, with a median of 98.85% recorded in 2025.
  • Year-over-year, Gross Margin soared 154 bps in 2023 and slumped 361 bps in 2026.
  • Over 5 years, Gross Margin stood at 98.51% in 2022, then increased by 1 bps to 99.71% in 2023, then retreated by 1 bps to 99.06% in 2024, then slipped by 0 bps to 98.62% in 2025, then decreased by 3 bps to 95.24% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 95.24% in Q2 2026, 98.62% in Q4 2025, and 97.91% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - -
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - -
10 Terra Property Trust 388.10 Mn 378.40 Mn 4.36 Mn 95.24%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 95.24%
Dec 31, 2025 98.62%
Sep 30, 2025 97.91%
Jun 30, 2025 98.85%
Mar 31, 2025 98.38%
Dec 31, 2024 99.06%
Sep 30, 2024 99.27%
Jun 30, 2024 99.10%
Mar 31, 2024 98.25%
Dec 31, 2023 99.71%
Sep 30, 2023 99.46%
Jun 30, 2023 99.00%
Mar 31, 2023 98.73%
Dec 31, 2022 98.51%
Sep 30, 2022 99.64%
Jun 30, 2022 97.45%
Mar 31, 2022 99.31%
Dec 31, 2021 98.81%
Sep 30, 2021 99.24%
Jun 30, 2021 98.82%