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.
High levels of PIK interest can signal potential liquidity constraints for borrowers or a shift toward higher-risk, deferred-payment loan structures.
This captures interest income that is added to the loan principal balance rather than paid in cash, net of any cash inte...
Common in private credit and commercial real estate lending; peers with higher PIK levels are often viewed as having higher credit risk.
operating_payment_in_kind_interest_net_of_interest_received| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |