TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITP) Revenue History
Annual and quarterly revenue from 2011 to present
MITP Revenue Over Time (2011–2025)
MITP Revenue Growth History
10 of 14 years with positive growth- FY2011 revenue growth
- N/A
- FY2012 revenue growth
- +408.4%
- FY2013 revenue growth
- -88.0%
- FY2014 revenue growth
- +1069.5%
- FY2015 revenue growth
- -22.3%
- FY2016 revenue growth
- +4.3%
- FY2017 revenue growth
- -7.6%
- FY2018 revenue growth
- +11.0%
- FY2019 revenue growth
- +15.6%
- FY2020 revenue growth
- -223.1%
- FY2021 revenue growth
- +137.3%
- FY2022 revenue growth
- +280.3%
- FY2023 revenue growth
- +7.0%
- FY2024 revenue growth
- +50.4%
- FY2025 revenue growth
- +14.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $130.1M | +20.9% |
| Q4 2025 | $132.4M | +16.3% |
| Q3 2025 | $122.2M | +23.7% |
| Q2 2025 | $108.2M | +3.9% |
| Q1 2025 | $107.6M | +11.6% |
| Q4 2024 | $113.8M | +46.5% |
| Q3 2024 | $98.8M | +34.4% |
| Q2 2024 | $104.1M | +61.4% |
Multi-year avg. share of annual revenue by fiscal quarter
MITP Revenue Analysis (2011–2025)
Current Revenue & Growth
As of June 28, 2026, TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITP) generated trailing twelve-month (TTM) revenue of $492.9 million, reflecting exceptional growth of +20.9% year-over-year. The most recent quarter (Q1 2026) recorded $130.1 million in revenue, down 1.7% sequentially.
Historical Growth Trajectory
MITP's historical revenue data shows a 3-year CAGR of +22.6%. TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029's highest annual revenue of $472.7 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Real Estate sector peers — including MITT (+16.1% YoY), GPMT (+249.6% YoY), and TPVG — MITP has underperformed the peer group in revenue growth. Compare MITP vs MITT →
MITP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MITPCurrent | $493M | +20.9% | - | 96.9% | |
 MITT | $473M | +16.1% | - | 96.9% | |
 GPMT | $145M | +249.6% | +6.7% | 43.6% | |
 TPVG | $97M | - | - | 77.9% | |
 BXMT | $1.5B | -7.0% | +14.4% | 71.6% | |
 KREF | $458M | -20.0% | +11.2% | 59.3% |
MITP Historical Revenue Data (2011–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $472.7M | +14.4% | $447.8M | 94.7% | $457.8M | 96.9% |
| 2024 | $413.2M | +50.4% | $392.1M | 94.9% | $398.5M | 96.4% |
| 2023 | $274.7M | +7.0% | $257.2M | 93.6% | $248.6M | 90.5% |
| 2022 | $256.8M | +280.3% | $239.5M | 93.3% | $92.5M | 36.0% |
| 2021 | $67.5M | +137.3% | $53.9M | 79.8% | $106.9M | 158.3% |
| 2020 | $-181,260,000 | -223.1% | $-193,932,000 | 107.0% | $-374,339,000 | 206.5% |
| 2019 | $147.3M | +15.6% | $135.9M | 92.2% | $109.7M | 74.5% |
| 2018 | $127.4M | +11.0% | $117.4M | 92.2% | $-4,175,000 | -3.3% |
| 2017 | $114.8M | -7.6% | $104.7M | 91.2% | $113.5M | 98.9% |
| 2016 | $124.2M | +4.3% | $114.0M | 91.8% | $79.4M | 63.9% |
| 2015 | $119.1M | -22.3% | $108.4M | 91.1% | $18.5M | 15.6% |
| 2014 | $153.3M | +1069.5% | $142.7M | 93.1% | $110.4M | 72.1% |
| 2013 | $13.1M | -88.0% | $2.4M | 18.4% | $-30,800,842 | -235.0% |
| 2012 | $109.5M | +408.4% | $103.1M | 94.1% | $134.9M | 123.2% |
| 2011 | $21.5M | - | $21.5M | 100.0% | $19.0M | 88.0% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
15+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
MITP — Frequently Asked Questions
Quick answers to the most common questions about buying MITP stock.
Is MITP's revenue growth accelerating or slowing?
MITP revenue growth is accelerating. TTM revenue reached $493M, up +20.9% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is MITP's revenue history from 2011 to 2026?
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITP) revenue history spans 2011 to 2026. TTM revenue as of 2026 is $493M, growing at +20.9% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is MITP's long-term revenue growth rate (CAGR)?
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029's 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +20.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for MITP.
Why does MITP's quarterly revenue fluctuate?
MITP quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029's revenue data from 2011 to 2026 shows full historical quarterly detail on this page.
How is MITP's revenue distributed by segment?
MITP reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does MITP's revenue compare to industry peers?
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITP) with TTM revenue of $493M and +20.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.