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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |