TPG RE Finance Trust (TRTX-PC) Non Operating Income (2016 - 2026)

TPG RE Finance Trust (TRTX-PC) reported Non Operating Income of $18.5 million for Q1 2026, down 6.5% on a YoY basis from $19.8 million in Q1 2025, and down 5.9% quarter-over-quarter from $19.7 million in Q4 2025.

TPG RE Finance Trust (TRTX-PC) Non Operating Income (2016 - 2026) Analysis & Trends

TPG RE Finance Trust has reported Non Operating Income for 11 years, with the latest figure at $18.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Non Operating Income fell 6.5% year-over-year to $18.5 million; the trailing twelve-month figure through Mar 2026 stood at $77.2 million (up 0.78% YoY), and the FY2025 full-year result was $78.5 million, up 5.77% from the prior year.
  • Non Operating Income for Q1 2026 stood at $18.5 million, down from $19.7 million in the prior quarter.
  • The five-year high for Non Operating Income was $20.6 million in Q2 2025, with the low at $9.6 million in Q3 2022.
  • Historically, Non Operating Income has averaged $15.6 million across 5 years, with a median of $17.4 million in 2024.
  • Annual changes were most pronounced in 2023 — Non Operating Income declined 14.88% — and 2024, when it soared 75.92%.
  • TPG RE Finance Trust's Non Operating Income stood at $10.5 million in 2022, then surged by 41.73% to $14.8 million in 2023, then jumped by 32.21% to $19.6 million in 2024, then grew by 0.6% to $19.7 million in 2025, then fell by 5.9% to $18.5 million in 2026.
  • The last three Non Operating Income figures came in at $18.5 million (Q1 2026), $19.7 million (Q4 2025), and $18.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 9.32 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -433.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -3.13 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 11.72 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - -138.36 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 8.78 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -35.99 Mn
10 TPG RE Finance Trust - - - 18.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.54 Mn
Dec 31, 2025 19.71 Mn
Sep 30, 2025 18.35 Mn
Jun 30, 2025 20.63 Mn
Mar 31, 2025 19.83 Mn
Dec 31, 2024 19.59 Mn
Sep 30, 2024 18.19 Mn
Jun 30, 2024 19.02 Mn
Mar 31, 2024 17.44 Mn
Dec 31, 2023 14.82 Mn
Sep 30, 2023 12.42 Mn
Jun 30, 2023 12.73 Mn
Mar 31, 2023 9.91 Mn
Dec 31, 2022 10.45 Mn
Sep 30, 2022 9.60 Mn
Jun 30, 2022 14.96 Mn
Mar 31, 2022 9.78 Mn
Dec 31, 2021 10.33 Mn
Sep 30, 2021 9.40 Mn
Jun 30, 2021 9.28 Mn