TPG RE Finance Trust (TRTX) Consolidated Net Income (2016 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Consolidated Net Income came in at $13.1 million in Q2 2026, down 36.35% on a YoY basis from $20.6 million in Q2 2025, and down 30.66% quarter-over-quarter from $18.9 million in Q1 2026.
Analysis
TPG RE Finance Trust (TRTX) Consolidated Net Income (2016 - 2026) Analysis & Trends
TPG RE Finance Trust (TRTX) has reported Consolidated Net Income for 11 consecutive years, with $13.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Consolidated Net Income fell 36.35% year-over-year to $13.1 million; the trailing twelve-month figure through Jun 2026 stood at $58.0 million (down 13.66% YoY), and the FY2025 full-year result was $60.3 million, down 18.86% from the prior year.
- Consolidated Net Income fell to $13.1 million in Q2 2026 per TRTX's latest filing, from $18.9 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $36.2 million in Q4 2022 and bottomed at -$114.6 million in Q3 2022.
- Historically, Consolidated Net Income has averaged -$553944.4 across 5 years, with a median of $13.4 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Consolidated Net Income sank 1172.97% in 2023, then jumped 136.26% in 2024.
- Over 5 years, Consolidated Net Income stood at $36.2 million in 2022, then tumbled by 82.37% to $6.4 million in 2023, then surged by 67.4% to $10.7 million in 2024, then sank by 62.78% to $4.0 million in 2025, then surged by 230.28% to $13.1 million in 2026.
- According to Business Quant data, Consolidated Net Income over the past three periods registered $13.1 million, $18.9 million, and $4.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 827.77 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 15.01 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 67.91 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 62.20 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -81.27 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 47.01 Mn |
| 10 | TPG RE Finance Trust | 597.86 Mn | 527.05 Mn | - | 13.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.13 Mn |
| Mar 31, 2026 | 18.94 Mn |
| Dec 31, 2025 | 3.98 Mn |
| Sep 30, 2025 | 21.99 Mn |
| Jun 30, 2025 | 20.63 Mn |
| Mar 31, 2025 | 13.72 Mn |
| Dec 31, 2024 | 10.68 Mn |
| Sep 30, 2024 | 22.19 Mn |
| Jun 30, 2024 | 24.72 Mn |
| Mar 31, 2024 | 16.74 Mn |
| Dec 31, 2023 | 6.38 Mn |
| Sep 30, 2023 | -61.21 Mn |
| Jun 30, 2023 | -69.17 Mn |
| Mar 31, 2023 | 7.38 Mn |
| Dec 31, 2022 | 36.19 Mn |
| Sep 30, 2022 | -114.61 Mn |
| Jun 30, 2022 | -5.43 Mn |
| Mar 31, 2022 | 23.78 Mn |
| Dec 31, 2021 | 44.88 Mn |
| Sep 30, 2021 | 29.33 Mn |