Operating

Payment-In-Kind Interest, Net Of Interest Received

Blackstone Mortgage Trust Payment-In-Kind Interest, Net Of Interest Received decreased by 16.1% to $5.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.0%, from $3.57M to $5.11M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026Apr 29, 2026

How to read this metric

High levels of PIK interest can signal potential liquidity constraints for borrowers or a shift toward higher-risk, deferred-payment loan structures.

Detailed definition

This captures interest income that is added to the loan principal balance rather than paid in cash, net of any cash inte...

Peer comparison

Common in private credit and commercial real estate lending; peers with higher PIK levels are often viewed as having higher credit risk.

Metric ID: operating_payment_in_kind_interest_net_of_interest_received

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$556.00K$1.88M$1.49M$2.33M$3.84M$3.45M$7.05M$3.57M$4.88M$5.00M$6.09M$5.11M
QoQ Change+237.4%-20.4%+56.0%+64.7%-10.1%+104.4%-49.3%+36.7%+2.4%+21.8%-16.1%
YoY Change+318.9%+104.4%+372.1%+53.3%+27.2%+45.0%-13.6%+43.0%
Range$0.00$7.05M
Avg YoY Growth+118.8%
Median YoY Growth+49.1%

Frequently Asked Questions

What is Blackstone Mortgage Trust's payment-in-kind interest, net of interest received?
Blackstone Mortgage Trust (BXMT) reported payment-in-kind interest, net of interest received of $5.11M in Q1 2026.
How has Blackstone Mortgage Trust's payment-in-kind interest, net of interest received changed year-over-year?
Blackstone Mortgage Trust's payment-in-kind interest, net of interest received increased by 43.0% year-over-year, from $3.57M to $5.11M.
What does payment-in-kind interest, net of interest received mean?
Interest income earned but not yet received in cash, added to the loan balance instead.