Interest Expense
PennyMac Mortgage Investment Trust Interest Expense increased by 9.8% to $279.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.6%, from $182.14M to $279.75M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 30.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
interest_expenseHistorical Data
| 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 | $79.20M | $75.49M | $73.74M | $63.51M | $78.15M | $114.08M | $154.68M | $179.14M | $187.39M | $183.92M | $185.52M | $171.53M | $171.84M | $184.17M | $187.12M | $182.14M | $205.15M | $228.39M | $254.71M | $279.75M |
| QoQ Change | — | -4.7% | -2.3% | -13.9% | +23.0% | +46.0% | +35.6% | +15.8% | +4.6% | -1.9% | +0.9% | -7.5% | +0.2% | +7.2% | +1.6% | -2.7% | +12.6% | +11.3% | +11.5% | +9.8% |
| YoY Change | — | — | — | — | -1.3% | +51.1% | +109.8% | +182.0% | +139.8% | +61.2% | +19.9% | -4.2% | -8.3% | +0.1% | +0.9% | +6.2% | +19.4% | +24.0% | +36.1% | +53.6% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Interest Rate Sensitive Strategies | — | $136.87M | $135.73M | $135.33M | $154.61M | $179.21M | $201.31M | $227.56M |
| Aggregation And Securitization | — | — | — | — | — | — | — | $31.55M |
| Credit Sensitive Strategies | — | $21.92M | $20.68M | $18.12M | $18.82M | $19.62M | $18.89M | $18.73M |
| Corporate | $997.00K | $1.10M | — | — | — | — | — | — |
| Correspondent Production | $15.01M | $24.27M | $29.53M | $27.52M | $30.27M | $28.21M | $33.14M | — |
| Total | $171.84M | $184.17M | $187.12M | $182.14M | $205.15M | $228.39M | $254.71M | $279.75M |
Corporate, Correspondent Production were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Interest Expense at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's interest expense?
- PennyMac Mortgage Investment Trust (PMT) reported interest expense of $279.75M in Q1 2026.
- How has PennyMac Mortgage Investment Trust's interest expense changed year-over-year?
- PennyMac Mortgage Investment Trust's interest expense increased by 53.6% year-over-year, from $182.14M to $279.75M.
- What is the long-term trend for PennyMac Mortgage Investment Trust's interest expense?
- Over 4 years (2021 to 2025), PennyMac Mortgage Investment Trust's interest expense has grown at a 30.0% compound annual growth rate (CAGR), from $304.74M to $870.39M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.