PennyMac Mortgage Investment Trust (PMT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PMT Revenue Growth
Revenue Breakdown (FY 2025)
PMT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
PMT Revenue Analysis (2014–2025)
As of May 6, 2026, PennyMac Mortgage Investment Trust (PMT) generated trailing twelve-month (TTM) revenue of $1.06 billion, reflecting significant decline in growth of -98.2% year-over-year. The most recent quarter (Q1 2026) recorded $3.4 million in revenue, down 99.2% sequentially.
Looking at the longer-term picture, PMT's 5-year compound annual growth rate (CAGR) stands at +4.4%, indicating moderate growth over time. The company achieved its highest annual revenue of $1.74 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows PMT's business is primarily driven by Interest Rate Sensitive Strategies (49%), Correspondent Production (29%), and Credit Sensitive Strategies (22%).
When compared to Real Estate sector peers including MFA (+25.6% YoY), MITT (+16.1% YoY), and EARN, PMT has underperformed the peer group in terms of revenue growth. Compare PMT vs MFA →
PMT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PMTCurrent | $1.1B | -98.2% | +4.4% | 79.0% | |
 MFA | $875M | +25.6% | - | 78.8% | |
 MITT | $473M | +16.1% | - | 96.9% | |
 EARN | $51M | - | - | 14.0% | |
 CIM | $821M | +169.9% | +29.4% | 93.2% | |
 IVR | $340M | +0.7% | - | 94.5% |
PMT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.74B | +245.8% | $1.60B | 91.6% | $1.38B | 79.0% |
| 2024 | $504.6M | -30.5% | $380.5M | 75.4% | $331.3M | 65.7% |
| 2023 | $725.9M | +598.3% | $603.8M | 83.2% | $558.2M | 76.9% |
| 2022 | $-145,664,000 | -119.2% | $-321,203,000 | 220.5% | $-369,835,999 | 253.9% |
| 2021 | $757.5M | -46.2% | $448.7M | 59.2% | $394.0M | 52.0% |
| 2020 | $1.41B | +47.7% | $1.08B | 76.3% | $1.03B | 73.0% |
| 2019 | $953.2M | +132.6% | $719.0M | 75.4% | $668.4M | 70.1% |
| 2018 | $409.8M | -8.7% | $270.2M | 65.9% | $231.2M | 56.4% |
| 2017 | $448.9M | +44.3% | $309.0M | 68.8% | $271.7M | 60.5% |
| 2016 | $311.0M | +6.4% | $153.4M | 49.3% | $117.5M | 37.8% |
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Start ComparisonPMT — Frequently Asked Questions
Quick answers to the most common questions about buying PMT stock.
Is PMT's revenue growth accelerating or slowing?
PMT revenue declined -98.2% year-over-year, contrasting with the 5-year CAGR of +4.4%. TTM revenue fell to $1.1B. This reverses the prior growth trend.
What is PMT's long-term revenue growth rate?
PennyMac Mortgage Investment Trust's 5-year revenue CAGR of +4.4% reflects the variable expansion pattern. Current YoY growth of -98.2% is below this long-term average.
How is PMT's revenue distributed by segment?
PMT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.