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Operating Expenses

Total Operating Expenses

Claros Mortgage Trust Total Operating Expenses decreased by 10.6% to $46.51M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.5%, from $37.65M to $46.51M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 13.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026May 6, 2026

How to read this metric

An increase relative to revenue suggests declining operational efficiency or rising overhead costs.

Detailed definition

This represents the aggregate costs incurred by the company to conduct its primary business operations, including manage...

Peer comparison

Standard metric across all industries; peers in the mortgage REIT sector are evaluated based on their expense ratio relative to assets under management.

Metric ID: total_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$31.98M$23.46M$39.29M$26.45M$30.45M$35.52M$37.37M$37.01M$37.75M$39.88M$40.7M$39.25M$41.21M$41.95M$42.57M$37.65M$42.7M$46.25M$52.02M$46.51M
QoQ Change-26.6%+67.5%-32.7%+15.1%+16.7%+5.2%-1.0%+2.0%+5.6%+2.1%-3.6%+5.0%+1.8%+1.5%-11.6%+13.4%+8.3%+12.5%-10.6%
YoY Change-4.8%+51.4%-4.9%+39.9%+24.0%+12.3%+8.9%+6.1%+9.1%+5.2%+4.6%-4.1%+3.6%+10.3%+22.2%+23.5%
Range$23.46M$52.02M
CAGR+8.2%
Avg YoY Growth+13.0%
Median YoY Growth+9.0%

Frequently Asked Questions

What is Claros Mortgage Trust's total operating expenses?
Claros Mortgage Trust (CMTG) reported total operating expenses of $46.51M in Q1 2026.
How has Claros Mortgage Trust's total operating expenses changed year-over-year?
Claros Mortgage Trust's total operating expenses increased by 23.5% year-over-year, from $37.65M to $46.51M.
What is the long-term trend for Claros Mortgage Trust's total operating expenses?
Over 4 years (2021 to 2025), Claros Mortgage Trust's total operating expenses has grown at a 13.3% compound annual growth rate (CAGR), from $108.38M to $178.62M.
What does total operating expenses mean?
The total cost of running the company's business operations.