TPG RE Finance Trust (TRTX) Revenue (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Revenue came in at $37.3 million in Q1 2026, up 0.75% year-on-year from $37.0 million in Q1 2025, and down 1.29% quarter-over-quarter from $37.8 million in Q4 2025.

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

TPG RE Finance Trust's Revenue history runs 11 years deep, the most recent figure standing at $37.3 million for Q1 2026.

  • On a quarterly basis, Revenue rose 0.75% year-over-year to $37.3 million in Q1 2026; TTM through Mar 2026 was $149.1 million, a 2.38% decrease from a year earlier, with the FY2025 full-year figure at $146.1 million, down 4.57% from the prior year.
  • Revenue eased to $37.3 million in Q1 2026 per TRTX's latest filing, from $37.8 million in the prior quarter.
  • Across five years, Revenue topped out at $66.5 million in Q4 2022 and bottomed at -$113.5 million in Q3 2023.
  • The 5-year median for Revenue is $37.3 million (2026), against an average of $25.0 million.
  • Across the five-year window, Revenue tumbled 457.2% in 2023 and jumped 205.21% in 2024, its largest moves.
  • Year by year, Revenue stood at $66.5 million in 2022, then decreased by 15.61% to $56.1 million in 2023, then sank by 35.29% to $36.3 million in 2024, then rose by 4.12% to $37.8 million in 2025, then dropped by 1.29% to $37.3 million in 2026.
  • Per Business Quant, the three latest TRTX Revenue figures stand at $37.3 million (Q1 2026), $37.8 million (Q4 2025), and $37.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 512.46 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 1.38 Bn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -116.38 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 162.14 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -
10 TPG RE Finance Trust 664.36 Mn 572.36 Mn - 37.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 37.31 Mn
Dec 31, 2025 37.80 Mn
Sep 30, 2025 37.84 Mn
Jun 30, 2025 36.20 Mn
Mar 31, 2025 37.03 Mn
Dec 31, 2024 36.30 Mn
Sep 30, 2024 40.15 Mn
Jun 30, 2024 39.30 Mn
Mar 31, 2024 38.93 Mn
Dec 31, 2023 56.09 Mn
Sep 30, 2023 -113.54 Mn
Jun 30, 2023 -37.36 Mn
Mar 31, 2023 25.26 Mn
Dec 31, 2022 66.47 Mn
Sep 30, 2022 31.79 Mn
Jun 30, 2022 16.14 Mn
Mar 31, 2022 38.53 Mn
Dec 31, 2021 46.52 Mn
Sep 30, 2021 39.10 Mn
Jun 30, 2021 40.06 Mn