TPG RE Finance Trust (TRTX-PC) Accumulated Expenses (2016 - 2026)
TPG RE Finance Trust (TRTX-PC) reported Accumulated Expenses of $7.1 million for Q1 2026, down 51.12% on a YoY basis from $14.5 million in Q1 2025, and down 55.29% quarter-over-quarter from $15.9 million in Q4 2025.
TPG RE Finance Trust (TRTX-PC) Accumulated Expenses (2016 - 2026) Analysis & Trends
TPG RE Finance Trust has reported Accumulated Expenses for 11 years, with the latest figure at $7.1 million in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses fell 51.12% year-over-year to $7.1 million; the trailing twelve-month figure through Mar 2026 stood at $7.1 million (down 51.12% YoY), and the FY2025 full-year result was $15.9 million, up 5.35% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $7.1 million, down from $15.9 million in the prior quarter.
- The five-year high for Accumulated Expenses was $25.1 million in Q4 2022, with the low at $4.3 million in Q2 2022.
- Historically, Accumulated Expenses has averaged $11.6 million across 5 years, with a median of $10.5 million in 2023.
- Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 474.15% — and 2025, when it sank 62.12%.
- TPG RE Finance Trust's Accumulated Expenses stood at $25.1 million in 2022, then sank by 59.31% to $10.2 million in 2023, then jumped by 47.45% to $15.1 million in 2024, then advanced by 5.35% to $15.9 million in 2025, then slumped by 55.29% to $7.1 million in 2026.
- The last three Accumulated Expenses figures came in at $7.1 million (Q1 2026), $15.9 million (Q4 2025), and $6.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - |
| 10 | TPG RE Finance Trust | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.10 Mn |
| Dec 31, 2025 | 15.88 Mn |
| Sep 30, 2025 | 6.04 Mn |
| Jun 30, 2025 | 6.42 Mn |
| Mar 31, 2025 | 14.53 Mn |
| Dec 31, 2024 | 15.08 Mn |
| Sep 30, 2024 | 15.94 Mn |
| Jun 30, 2024 | 15.39 Mn |
| Mar 31, 2024 | 8.87 Mn |
| Dec 31, 2023 | 10.23 Mn |
| Sep 30, 2023 | 10.11 Mn |
| Jun 30, 2023 | 10.47 Mn |
| Mar 31, 2023 | 10.56 Mn |
| Dec 31, 2022 | 25.13 Mn |
| Sep 30, 2022 | 7.69 Mn |
| Jun 30, 2022 | 4.30 Mn |
| Mar 31, 2022 | 13.66 Mn |
| Dec 31, 2021 | 11.56 Mn |
| Sep 30, 2021 | 2.66 Mn |
| Jun 30, 2021 | 2.77 Mn |