Operating Expenses

Other operating expenses

Granite Point Mortgage Trust Other operating expenses increased by 65.9% to $2.92M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.9%, from $3.00M to $2.92M. Over 2 years (FY 2021 to FY 2023), Other operating expenses shows an upward trend with a -19.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase may indicate rising operational complexity or inefficient cost management, while a decrease suggests improved expense control or reduced non-core operational activity.

Detailed definition

This metric represents miscellaneous operating costs that do not fall under primary expense categories such as cost of g...

Peer comparison

Peers in the energy infrastructure sector typically report this as a small percentage of total operating expenses; significant deviations often warrant investigation into accounting reclassifications.

Metric ID: other_operating_expenses

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$2.56M$2.28M-$7.37M$2.61M$2.19M$2.07M-$7.10M$3.27M$2.18M$2.36M-$8.07M$2.83M$2.70M$3.17M$3.00M$2.72M$1.76M$2.92M
QoQ Change-11.2%-423.9%+135.5%-16.4%-5.4%-443.1%+146.1%-33.4%+8.2%-442.2%+135.1%-4.6%+17.3%-5.1%-9.5%-35.3%+65.9%
YoY Change-14.8%-9.1%+3.7%+25.1%-0.2%+14.0%-13.7%-13.5%+23.9%+34.3%+6.2%+0.6%-44.5%-2.9%
Range-$8.07M$3.27M
CAGR+3.1%
Avg YoY Growth+0.6%
Median YoY Growth+0.2%

Frequently Asked Questions

What is Granite Point Mortgage Trust's other operating expenses?
Granite Point Mortgage Trust (GPMT) reported other operating expenses of $2.92M in Q1 2026.
How has Granite Point Mortgage Trust's other operating expenses changed year-over-year?
Granite Point Mortgage Trust's other operating expenses decreased by 2.9% year-over-year, from $3.00M to $2.92M.
What is the long-term trend for Granite Point Mortgage Trust's other operating expenses?
Over 2 years (2021 to 2023), Granite Point Mortgage Trust's other operating expenses has grown at a -19.6% compound annual growth rate (CAGR), from -$404.00K to -$261.00K.
What does other operating expenses mean?
Miscellaneous operational costs that are not categorized as primary production or administrative expenses.