Discontinued — last reported Q4 '25

Business Segments · Operating Expenses

Constructive — Operating Expenses

New York Mortgage Trust Constructive — Operating Expenses increased by 8.8% to $17.48M in Q4 2025 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2025
Last reportedQ4 2025Feb 20, 2026

How to read this metric

A decrease relative to revenue indicates improved operational efficiency, while an increase may suggest rising overhead or scaling costs.

Detailed definition

This represents the total costs incurred by the Constructive segment to conduct its day-to-day business, including admin...

Peer comparison

Standard operating expense (OPEX) reporting for business segments.

Metric ID: adam_segment_constructive_operating_expenses

Historical Data

2 periods
 Q3 '25Q4 '25
Value$16.06M$17.48M
QoQ Change+8.8%
Range$16.06M$17.48M

Frequently Asked Questions

What is New York Mortgage Trust's constructive — operating expenses?
New York Mortgage Trust (ADAM) reported constructive — operating expenses of $17.48M in Q4 2025.
What does constructive — operating expenses mean?
The total administrative and overhead costs required to run the Constructive segment.