TPG RE Finance Trust TRTX
NYSE TRTX
$7.72 -0.16 (-2.09%)
As of: Sep 8, 2026 · 3:59 PM EDT

TPG RE Finance Trust (TRTX) Accumulated Expenses (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Accumulated Expenses came in at $16.4 million in Q2 2026, up 19.24% on a YoY basis from $13.8 million in Q2 2025, and up 18.68% quarter-over-quarter from $13.9 million in Q1 2026.

Analysis

TPG RE Finance Trust (TRTX) Accumulated Expenses (2016 - 2026) Analysis & Trends

TPG RE Finance Trust (TRTX) has reported Accumulated Expenses for 11 consecutive years, with $16.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Accumulated Expenses rose 19.24% year-over-year to $16.4 million; the trailing twelve-month figure through Jun 2026 stood at $16.4 million (up 19.24% YoY), and the FY2025 full-year result was $15.9 million, up 5.35% from the prior year.
  • Accumulated Expenses advanced to $16.4 million in Q2 2026 per TRTX's latest filing, from $13.9 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $38.9 million in Q3 2023 and bottomed at $13.7 million in Q1 2022.
  • Historically, Accumulated Expenses has averaged $19.5 million across 5 years, with a median of $16.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Accumulated Expenses jumped 117.35% in 2022, then tumbled 58.98% in 2024.
  • Over 5 years, Accumulated Expenses stood at $25.1 million in 2022, then plunged by 41.96% to $14.6 million in 2023, then grew by 3.36% to $15.1 million in 2024, then grew by 5.35% to $15.9 million in 2025, then gained by 3.56% to $16.4 million in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $16.4 million, $13.9 million, and $15.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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 TPG RE Finance Trust 597.86 Mn 527.05 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.45 Mn
Mar 31, 2026 13.86 Mn
Dec 31, 2025 15.88 Mn
Sep 30, 2025 16.83 Mn
Jun 30, 2025 13.80 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 17.12 Mn
Dec 31, 2023 14.59 Mn
Sep 30, 2023 38.85 Mn
Jun 30, 2023 34.14 Mn
Mar 31, 2023 26.95 Mn
Dec 31, 2022 25.13 Mn
Sep 30, 2022 24.28 Mn
Jun 30, 2022 17.72 Mn
Mar 31, 2022 13.66 Mn
Dec 31, 2021 11.56 Mn
Sep 30, 2021 13.02 Mn