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

TPG RE Finance Trust (TRTX) reported Revenue of $37.3 million for Q1 2026, up 0.75% on a YoY basis from $37.0 million in Q1 2025, and up 6.46% quarter-over-quarter from $35.0 million in Q4 2025.

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

TPG RE Finance Trust has reported Revenue for 11 years, with the latest figure at $37.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Revenue rose 0.75% year-over-year to $37.3 million; the trailing twelve-month figure through Mar 2026 stood at $146.4 million (down 3.19% YoY), and the FY2025 full-year result was $146.1 million, down 4.57% from the prior year.
  • Revenue for Q1 2026 stood at $37.3 million, up from $35.0 million in the prior quarter.
  • The five-year high for Revenue was $93.7 million in Q4 2023, with the low at $25.3 million in Q1 2023.
  • Historically, Revenue has averaged $40.6 million across 5 years, with a median of $37.3 million in 2026.
  • The largest YoY upside for Revenue was 54.14% in 2024 against a maximum downside of 62.92% in 2024.
  • TPG RE Finance Trust's Revenue stood at $66.5 million in 2022, then soared by 40.96% to $93.7 million in 2023, then tumbled by 62.92% to $34.7 million in 2024, then increased by 0.87% to $35.0 million in 2025, then rose by 6.46% to $37.3 million in 2026.
  • The last three Revenue figures came in at $37.3 million (Q1 2026), $35.0 million (Q4 2025), and $37.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 512.46 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 1.38 Bn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -116.38 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 171.27 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 TPG RE Finance Trust 665.15 Mn 573.15 Mn - 37.31 Mn

Historic Data

Download Data
DateValue
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