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) Operating Expenses (2019 - 2026)

Terra Property Trust's (TPTS) quarterly Operating Expenses came in at $8.4 million in Q2 2026, down 24.16% year-over-year from $11.1 million in Q2 2025, and down 20.38% quarter-over-quarter from $10.5 million in Q4 2025.

Analysis

Terra Property Trust (TPTS) Operating Expenses (2019 - 2026) Analysis & Trends

Terra Property Trust has disclosed Operating Expenses across 8 years of filings, most recently posting $8.4 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 24.16% year-over-year to $8.4 million; the TTM figure through Jun 2026 stood at $36.8 million (down 17.37% YoY), while the FY2025 annual figure was $36.8 million, down 19.66% from the prior year.
  • Operating Expenses came in at $8.4 million for Q2 2026 at Terra Property Trust, down from $10.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $37.8 million in Q3 2023 to a low of $5.6 million in Q3 2024.
  • Average Operating Expenses over 5 years is $13.5 million, with a median of $10.5 million recorded in 2024.
  • Year-over-year, Operating Expenses jumped 200.58% in 2023 and sank 85.17% in 2024.
  • Over 5 years, Operating Expenses stood at $11.1 million in 2022, then soared by 96.56% to $21.8 million in 2023, then retreated by 10.85% to $19.5 million in 2024, then plunged by 45.93% to $10.5 million in 2025, then dropped by 20.38% to $8.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $8.4 million in Q2 2026, $10.5 million in Q4 2025, and $6.8 million in Q3 2025.
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 Terra Property Trust 388.10 Mn 378.40 Mn 4.36 Mn 8.38 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.38 Mn
Dec 31, 2025 10.53 Mn
Sep 30, 2025 6.80 Mn
Jun 30, 2025 11.05 Mn
Mar 31, 2025 8.37 Mn
Dec 31, 2024 19.47 Mn
Sep 30, 2024 5.60 Mn
Jun 30, 2024 10.47 Mn
Mar 31, 2024 10.21 Mn
Dec 31, 2023 21.84 Mn
Sep 30, 2023 37.76 Mn
Jun 30, 2023 25.82 Mn
Mar 31, 2023 6.98 Mn
Dec 31, 2022 11.11 Mn
Sep 30, 2022 16.87 Mn
Jun 30, 2022 8.59 Mn
Mar 31, 2022 9.22 Mn
Dec 31, 2021 19.39 Mn
Sep 30, 2021 6.84 Mn
Jun 30, 2021 7.10 Mn