Pre-Tax Income
PennyMac Mortgage Investment Trust Pre-Tax Income decreased by 25.5% to $26.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 527.0%, from -$6.30M to $26.90M. Over 3 years (FY 2022 to FY 2025), Pre-Tax Income shows an upward trend with a 11.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
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.
income_before_taxHistorical Data
| Q2 '21 | Q3 '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 | $13.80M | -$40.66M | $18.06M | -$39.87M | $90.38M | $0.00 | $38.80M | $46.85M | $118.42M | $40.32M | $32.38M | $28.61M | $26.53M | $55.12M | -$6.30M | $17.01M | $47.00M | $36.11M | $26.90M |
| QoQ Change | — | -394.7% | +144.4% | -320.8% | +326.7% | -100.0% | — | +20.8% | +152.7% | -66.0% | -19.7% | -11.6% | -7.3% | +107.7% | -111.4% | +370.0% | +176.4% | -23.2% | -25.5% |
| YoY Change | — | — | — | -389.0% | +322.3% | — | +114.9% | +217.5% | +31.0% | — | -16.5% | -38.9% | -77.6% | +36.7% | -119.5% | -40.6% | +77.1% | -34.5% | +527.0% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Credit Sensitive Strategies | $15.74M | $26.45M | $20.10M | $1.11M | $21.83M | $18.75M | $23.51M | $16.46M |
| Aggregation And Securitization | — | — | — | — | — | — | — | $16.42M |
| Interest Rate Sensitive Strategies | $16.88M | $491.00K | $25.47M | -$5.47M | -$4.89M | $32.35M | $28.47M | $7.99M |
| Corporate | -$13.56M | -$13.66M | — | — | — | — | — | — |
| Correspondent Production | $9.55M | $13.25M | $22.51M | $10.13M | $13.72M | $9.24M | $0.00 | — |
| Total | $28.61M | $26.53M | $55.12M | -$6.30M | $17.01M | $47.00M | $36.11M | $26.90M |
Corporate, Correspondent Production were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's pre-tax income?
- PennyMac Mortgage Investment Trust (PMT) reported pre-tax income of $26.90M in Q1 2026.
- How has PennyMac Mortgage Investment Trust's pre-tax income changed year-over-year?
- PennyMac Mortgage Investment Trust's pre-tax income increased by 527.0% year-over-year, from -$6.30M to $26.90M.
- What is the long-term trend for PennyMac Mortgage Investment Trust's pre-tax income?
- Over 3 years (2022 to 2025), PennyMac Mortgage Investment Trust's pre-tax income has grown at a 11.0% compound annual growth rate (CAGR), from $68.57M to $93.82M.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.