TPG RE Finance Trust (TRTX) Revenue (2016 - 2026)
TPG RE Finance Trust (TRTX) posted Revenue of $37.3 million for Q1 2026, up 6.46% quarter-over-quarter from $35.0 million in Q4 2025, and up 0.75% year-on-year from $37.0 million in Q1 2025.
TPG RE Finance Trust (TRTX) Revenue (2016 - 2026) Analysis & Trends
TPG RE Finance Trust (TRTX) has reported Revenue for 11 consecutive years, with $37.3 million the latest figure, recorded in Q1 2026.
- Revenue for Q1 2026 came in at $37.3 million, up 0.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $146.4 million (down 3.19% YoY), and the FY2025 annual result was $146.1 million, down 4.57% from the prior year.
- Revenue was $37.3 million for Q1 2026 at TPG RE Finance Trust, up from $35.0 million in the prior quarter.
- Over five years, Revenue peaked at $93.7 million in Q4 2023 and troughed at $25.3 million in Q1 2023.
- Average Revenue over 5 years is $40.6 million, with a median of $37.3 million recorded in 2026.
- The widest YoY moves for Revenue: up 54.14% in 2024, down 62.92% in 2024.
- Over 5 years, Revenue stood at $66.5 million in 2022, then soared by 40.96% to $93.7 million in 2023, then slumped by 62.92% to $34.7 million in 2024, then advanced by 0.87% to $35.0 million in 2025, then climbed by 6.46% to $37.3 million in 2026.
- Per Business Quant data, the three most recent Revenue figures were $37.3 million in Q1 2026, $35.0 million in Q4 2025, and $37.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.04 Bn | 13.78 Bn | - | - |
| 2 | AGNC Investment | 12.11 Bn | 11.44 Bn | - | - |
| 3 | Rithm Capital | 5.21 Bn | 4.90 Bn | - | 1.38 Bn |
| 4 | Blackstone Mortgage Trust | 2.87 Bn | 2.32 Bn | - | -116.38 Mn |
| 5 | Dynex Capital | 2.59 Bn | 1.82 Bn | - | - |
| 6 | Armour Residential REIT | 2.06 Bn | 1.34 Bn | - | - |
| 7 | Apollo Commercial Real Estate Finance | 1.46 Bn | 1.32 Bn | - | 58.63 Mn |
| 8 | Orchid Island Capital | 1.31 Bn | 634.54 Mn | - | - |
| 9 | Ladder Capital | 1.25 Bn | 1.22 Bn | - | - |
| 10 | TPG RE Finance Trust | 663.58 Mn | 571.58 Mn | - | 37.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.31 Mn |
| Dec 31, 2025 | 35.04 Mn |
| Sep 30, 2025 | 37.84 Mn |
| Jun 30, 2025 | 36.20 Mn |
| Mar 31, 2025 | 37.03 Mn |
| Dec 31, 2024 | 34.74 Mn |
| Sep 30, 2024 | 40.15 Mn |
| Jun 30, 2024 | 39.30 Mn |
| Mar 31, 2024 | 38.93 Mn |
| Dec 31, 2023 | 93.69 Mn |
| Sep 30, 2023 | 27.02 Mn |
| Jun 30, 2023 | 32.63 Mn |
| Mar 31, 2023 | 25.26 Mn |
| Dec 31, 2022 | 66.47 Mn |
| Sep 30, 2022 | 31.79 Mn |
| Jun 30, 2022 | 38.64 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 |