Claros Mortgage Trust, Inc. (CMTG) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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CMTG Revenue Growth
Revenue Breakdown (FY 2021)
CMTG's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
CMTG Revenue Analysis (2018–2025)
As of May 8, 2026, Claros Mortgage Trust, Inc. (CMTG) generated trailing twelve-month (TTM) revenue of $311.3 million, reflecting significant decline in growth of -77.7% year-over-year. The most recent quarter (Q1 2026) recorded $29.5 million in revenue, down 66.7% sequentially.
Looking at the longer-term picture, CMTG's 5-year compound annual growth rate (CAGR) stands at -5.5%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $270.2 million in 2022.
Revenue diversification analysis shows CMTG's business is primarily driven by Loan (95%), and All Other Segments (5%). With over half of revenue concentrated in Loan, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including BXMT (-7.0% YoY), KREF (-20.0% YoY), and TRTX (+307.7% YoY), CMTG has underperformed the peer group in terms of revenue growth. Compare CMTG vs BXMT →
CMTG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CMTGCurrent | $311M | -77.7% | -5.5% | -224.8% | |
 BXMT | $1.5B | -7.0% | +14.4% | 71.6% | |
 KREF | $458M | -20.0% | +11.2% | 59.3% | |
 TRTX | $333M | +307.7% | +32.7% | 73.0% | |
 GPMT | $145M | +249.6% | +6.7% | 43.6% | |
 BRSP | $332M | -0.3% | -4.8% | 39.5% |
CMTG Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $201.7M | +18.2% | $77.2M | 38.3% | $-453,375,000 | -224.8% |
| 2024 | $170.7M | +31.5% | $-48,806,000 | -28.6% | $-190,364,000 | -111.5% |
| 2023 | $129.8M | -51.9% | $80.3M | 61.9% | $107.5M | 82.8% |
| 2022 | $270.2M | +25.7% | $270.2M | 100.0% | $0 | - |
| 2021 | $215.0M | -19.7% | $215.0M | 100.0% | $0 | - |
| 2020 | $267.7M | +7.2% | $267.7M | 100.0% | $206.3M | 77.1% |
| 2019 | $249.6M | +49.3% | $249.6M | 100.0% | $173.9M | 69.7% |
| 2018 | $167.2M | - | $139.1M | 83.2% | $134.7M | 80.6% |
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Start ComparisonCMTG — Frequently Asked Questions
Quick answers to the most common questions about buying CMTG stock.
Is CMTG's revenue growth accelerating or slowing?
CMTG revenue declined -77.7% year-over-year, contrasting with the 5-year CAGR of -5.5%. TTM revenue fell to $311M. This reverses the prior growth trend.
What is CMTG's long-term revenue growth rate?
Claros Mortgage Trust, Inc.'s 5-year revenue CAGR of -5.5% reflects the variable expansion pattern. Current YoY growth of -77.7% is below this long-term average.
How is CMTG's revenue distributed by segment?
CMTG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.