Terra Property Trust (TPTS) Gross Margin (2019 - 2025)

Terra Property Trust (TPTS) has 7 years of Gross Margin data on file, last reported at 98.62% in Q4 2025.

• For the quarter ending Q4 2025, Gross Margin fell 45.0% year-over-year to 98.62%; the trailing twelve-month figure through Dec 2025 stood at 98.44% (down 43.0% YoY), and the FY2025 full-year result was 98.44%, down 43.0% from the prior year.
• Gross Margin grew to 98.62% in Q4 2025, from 97.91% 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 97.45% in Q2 2022.
• A 5-year average of 98.87% and a median of 98.92% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 144 bps in 2021 and surged 154 bps in 2023, its largest moves.
• Tracing TPTS's Gross Margin over 5 years: stood at 98.81% in 2021, then declined by 0 bps to 98.51% in 2022, then grew by 1 bps to 99.71% in 2023, then fell by 1 bps to 99.06% in 2024, then decreased by 0 bps to 98.62% in 2025.
• Business Quant data shows TPTS's Gross Margin at 98.62% in Q4 2025, 97.91% in Q3 2025, and 98.85% in Q2 2025.