TPG RE Finance Trust (TRTX) Net Income (2016 - 2026)
TPG RE Finance Trust (TRTX) posted quarterly Net Income of $13.1 million for Q2 2026, down 36.35% year-over-year from $20.6 million in Q2 2025, and down 30.66% quarter-over-quarter from $18.9 million in Q1 2026.
TPG RE Finance Trust (TRTX) Net Income (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's Net Income history runs 11 years deep, the most recent figure standing at $13.1 million for Q2 2026.
- In Q2 2026, Net Income fell 36.35% year-over-year to $13.1 million; the TTM figure through Jun 2026 stood at $58.0 million (down 13.66% YoY), while the FY2025 annual figure was $60.3 million, down 18.86% from the prior year.
- Net Income for Q2 2026 stood at $13.1 million, down from $18.9 million in the prior quarter.
- The five-year high for Net Income was $36.2 million in Q4 2022, with the low at -$114.6 million in Q3 2022.
- The 5-year median for Net Income is $13.4 million (2025), against an average of -$553944.4.
- The sharpest annual moves came in 2023 and 2024: Net Income tumbled 1172.97% in 2023, then surged 136.26% in 2024.
- TPG RE Finance Trust's Net Income stood at $36.2 million in 2022, then sank by 82.37% to $6.4 million in 2023, then soared by 67.4% to $10.7 million in 2024, then tumbled by 62.78% to $4.0 million in 2025, then soared by 230.28% to $13.1 million in 2026.
- Business Quant data shows TRTX's Net Income at $13.1 million in Q2 2026, $18.9 million in Q1 2026, and $4.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 827.77 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 15.01 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 67.91 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -81.27 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 47.01 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | -49.16 Mn |
| 10 | TPG RE Finance Trust | 607.49 Mn | 536.68 Mn | - | 13.13 Mn |
Historic Data
Download 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 |