Income Before Tax
Pre-Tax Income
Granite Point Mortgage Trust Pre-Tax Income increased by 89.8% to -$2.43M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 65.1%, from -$6.95M to -$2.43M. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -12.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.27M | $18.63M | $7.66M | $4.64M | -$13.72M | -$25.51M | -$6.22M | -$33.82M | $5.11M | -$20.92M | -$13.47M | -$74.12M | -$63.07M | -$31.03M | -$38.84M | -$6.95M | -$13.36M | $3.10M | -$23.79M | -$2.43M |
| QoQ Change | — | +30.6% | -58.9% | -39.5% | -396.0% | -85.9% | +75.6% | -443.7% | +115.1% | -509.4% | +35.6% | -450.2% | +14.9% | +50.8% | -25.2% | +82.1% | -92.4% | +123.2% | -868.2% | +89.8% |
| YoY Change | — | — | — | — | -196.2% | -236.9% | -181.2% | -829.7% | +137.3% | +18.0% | -116.6% | -119.2% | <-999% | -48.3% | -188.3% | +90.6% | +78.8% | +110.0% | +38.7% | +65.1% |
Range-$74.12M – $18.63M
CAGR-31.1%
Avg YoY Growth-169.5%
Median YoY Growth-82.4%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's pre-tax income?
- Granite Point Mortgage Trust (GPMT) reported pre-tax income of -$2.43M in Q1 2026.
- How has Granite Point Mortgage Trust's pre-tax income changed year-over-year?
- Granite Point Mortgage Trust's pre-tax income increased by 65.1% year-over-year, from -$6.95M to -$2.43M.
- What is the long-term trend for Granite Point Mortgage Trust's pre-tax income?
- Over 4 years (2021 to 2025), Granite Point Mortgage Trust's pre-tax income has grown at a -12.1% compound annual growth rate (CAGR), from $68.55M to -$41.00M.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.