TPG Mortgage Investment Trust Inc (MITT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 130.09M | 132.38M | 122.24M | 108.19M | 107.57M | 113.83M | 98.85M | 104.14M | 96.37M | 77.71M | 73.56M | 64.52M | 58.92M | 79.53M | 100.17M | 37.13M | 39.93M | 30.14M | 12.98M | 17.03M |
| Revenue Growth % | 20.93% | 16.3% | 23.67% | 3.89% | 11.63% | 46.49% | 34.38% | 61.43% | 63.55% | -2.29% | -26.57% | 73.73% | 47.57% | 163.83% | 671.47% | 118.07% | 442.31% | 158.64% | 374.7% | 121.77% |
| Property Operating Expenses | 9.27M | 6.74M | 6.64M | 5.77M | 90.28M | 5.67M | 5.12M | 5.24M | 5.02M | 4.42M | 4.4M | 4.29M | 4.4M | 4.42M | 4.63M | 4.26M | 3.98M | 2.85M | 5.29M | 4.91M |
| Net Operating Income (NOI) | 120.82M | 125.64M | 115.6M | 102.42M | 17.29M | 108.16M | 93.73M | 98.9M | 91.34M | 73.28M | 69.16M | 60.22M | 54.52M | 75.11M | 95.54M | 32.88M | 35.95M | 27.29M | 7.69M | 12.12M |
| NOI Margin % | 92.87% | 94.91% | 94.57% | 94.66% | 16.08% | 95.02% | 94.82% | 94.96% | 94.79% | 94.31% | 94.02% | 93.35% | 92.53% | 94.44% | 95.38% | 88.53% | 90.03% | 90.54% | 59.25% | 71.19% |
| Operating Expenses | 17.03M | -4.46M | -10.6M | 2.57M | 5.82M | 5.6M | -16.97M | 11.97M | -6.9M | 522K | 11.22M | 2.78M | -5.9M | 16.18M | 56.76M | 48.89M | 25.09M | -475K | -27.2M | -7.39M |
| G&A Expenses | 0 | 510K | 508K | 2.3M | 591K | 4.13M | 1.11M | 1.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | 105.78M | 128.6M | 125.88M | 97.06M | 11.48M | 102.61M | 109.16M | 87.36M | 99.28M | 99.54M | 50.53M | 57.48M | 58.73M | 56.62M | 31.83M | -25.55M | 2.92M | 21.56M | 41.78M | 20.79M |
| EBITDA Margin % | 81.32% | 97.14% | 102.98% | 89.71% | 10.67% | 90.14% | 110.43% | 83.88% | 103.02% | 128.1% | 68.69% | 89.1% | 99.67% | 71.19% | 31.77% | -68.8% | 7.31% | 71.53% | 321.73% | 122.07% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | 103.78M | 130.1M | 126.2M | 99.84M | 11.48M | 102.56M | 110.69M | 86.93M | 98.25M | 72.76M | 57.94M | 57.44M | 60.42M | 58.92M | 38.78M | -16.01M | 10.85M | 27.77M | 34.89M | 19.51M |
| Operating Margin % | 79.78% | 98.28% | 103.24% | 92.29% | 10.67% | 90.1% | 111.99% | 83.47% | 101.95% | 93.64% | 78.76% | 89.04% | 102.54% | 74.09% | 38.71% | -43.11% | 27.18% | 92.11% | 268.73% | 114.56% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.97x | 1.12x | 1.20x | 1.04x | 0.13x | 1.16x | 1.18x | 1.05x | 1.27x | 1.55x | 0.96x | 1.16x | 1.27x | 1.26x | 0.92x | -1.10x | 0.18x | 2.02x | 5.80x | 3.93x |
| Non-Operating Income | -2M | 1.5M | 317K | 2.79M | 0 | -42K | 1.53M | -430K | -1.04M | -26.78M | 7.41M | -42K | 1.69M | 2.31M | 6.95M | 9.54M | 7.93M | 6.2M | -6.88M | -1.28M |
| Pretax Income | -3.38M | 13.43M | 20.65M | 3.94M | 11.48M | 14.34M | 16.66M | 3.92M | 20.89M | 35.35M | -2.17M | 8.06M | 12.54M | 11.69M | -2.87M | -48.72M | -13.2M | 10.87M | 34.58M | 15.49M |
| Pretax Margin % | -2.6% | 10.14% | 16.89% | 3.65% | 10.67% | 12.59% | 16.85% | 3.77% | 21.68% | 45.49% | -2.94% | 12.49% | 21.28% | 14.7% | -2.86% | -131.21% | -33.06% | 36.04% | 266.3% | 90.98% |
| Income Tax | 182K | 145K | 689K | 0 | 0 | 54K | 16K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -5.38% | 1.08% | 3.34% | 0% | 0% | 0.38% | 0.1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -3.56M | 13.29M | 19.96M | 3.94M | 11.48M | 14.28M | 16.64M | 3.92M | 20.89M | 35.35M | -2.17M | 8.06M | 12.54M | 11.69M | -2.87M | -48.72M | -13.2M | 10.87M | 34.58M | 15.49M |
| Net Margin % | -2.74% | 10.04% | 16.33% | 3.65% | 10.67% | 12.55% | 16.83% | 3.77% | 21.68% | 45.49% | -2.94% | 12.49% | 21.28% | 14.7% | -2.86% | -131.21% | -33.06% | 36.04% | 266.3% | 90.98% |
| Net Income Growth % | -131.04% | -6.98% | 19.96% | 0.51% | -45.06% | -59.6% | 868.59% | -51.28% | 66.59% | 202.32% | 24.54% | 116.53% | 194.99% | 7.63% | -108.3% | -414.48% | -130.53% | -73.49% | 72.5% | 406.14% |
| Funds From Operations (FFO) | 4.85M | 15.18M | 33.77M | 3.94M | 11.48M | 14.28M | 16.64M | 3.92M | 20.89M | 35.35M | -2.17M | 8.06M | 14.03M | 17.16M | -2.87M | -48.72M | -11.38M | 16.95M | 34.58M | 15.49M |
| FFO Margin % | 3.73% | 11.47% | 27.63% | 3.65% | 10.67% | 12.55% | 16.83% | 3.77% | 21.68% | 45.49% | -2.94% | 12.49% | 23.81% | 21.57% | -2.86% | -131.21% | -28.51% | 56.22% | 266.3% | 90.98% |
| FFO Growth % | - | - | - | - | - | - | - | - | - | - | - | - | 223.26% | 1.24% | - | - | -126.82% | -52.63% | - | - |
| FFO per Share | 0.15 | 0.49 | 1.09 | 0.13 | 0.39 | 0.48 | 0.56 | 0.13 | 0.71 | 1.55 | -0.11 | 0.40 | 0.67 | 0.75 | -0.13 | -2.08 | -0.48 | 0.89 | 2.15 | 0.99 |
| FFO Payout Ratio % | 150.51% | 90.8% | 18.46% | 150.37% | 49.07% | 39.24% | 33.65% | 135.06% | 7.05% | 17.74% | -167.99% | 45.73% | 27.41% | 27.13% | -164.62% | -10.31% | -44.11% | 19.79% | 9.82% | 18.01% |
| EPS (Diluted) | -0.27 | 0.25 | 0.47 | -0.05 | 0.21 | 0.30 | 0.40 | -0.02 | 0.55 | 1.35 | -0.33 | 0.17 | 0.38 | 0.33 | -0.33 | -2.27 | -0.74 | 0.33 | 1.87 | 0.70 |
| EPS Growth % | -228.57% | -16.67% | 17.5% | -107.14% | -61.82% | -77.78% | 221.21% | -113.18% | 44.74% | 309.09% | 0% | 107.49% | 151.35% | 0% | -117.65% | -424.29% | -127.01% | -88.62% | 42.75% | 391.67% |
| EPS (Basic) | -0.27 | 0.25 | 0.47 | -0.05 | 0.21 | 0.30 | 0.40 | -0.02 | 0.55 | 1.35 | -0.33 | 0.17 | 0.38 | 0.33 | -0.33 | -2.27 | -0.74 | 0.33 | 1.87 | 0.70 |
| Diluted Shares Outstanding | 31.74M | 31.06M | 31.06M | 29.69M | 29.69M | 29.6M | 29.52M | 29.47M | 29.48M | 22.84M | 20.22M | 20.25M | 21.07M | 22.89M | 22.39M | 23.46M | 23.91M | 19.1M | 16.08M | 15.6M |