Operating Expenses

Compensation and benefits

Granite Point Mortgage Trust Compensation and benefits increased by 3.3% to $4.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.0%, from $5.77M to $4.45M. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows relatively stable performance with a -1.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

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$5.02M$5.63M$5.35M$5.82M$5.77M$4.95M$3.69M$5.91M$6.21M$5.04M$4.55M$5.99M$4.72M$5.38M$3.38M$5.77M$5.72M$4.07M$4.30M$4.45M
QoQ Change+12.3%-5.0%+8.6%-0.8%-14.2%-25.6%+60.4%+5.0%-18.8%-9.9%+31.7%-21.1%+13.9%-37.2%+70.8%-0.9%-28.9%+5.8%+3.3%
YoY Change+15.0%-12.1%-31.1%+1.7%+7.6%+1.8%+23.3%+1.3%-24.0%+6.6%-25.7%-3.6%+21.1%-24.3%+27.4%-23.0%
Range$3.38M$6.21M
CAGR-2.5%
Avg YoY Growth-2.4%
Median YoY Growth+1.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Granite Point Mortgage Trust's compensation and benefits?
Granite Point Mortgage Trust (GPMT) reported compensation and benefits of $4.45M in Q1 2026.
How has Granite Point Mortgage Trust's compensation and benefits changed year-over-year?
Granite Point Mortgage Trust's compensation and benefits decreased by 23.0% year-over-year, from $5.77M to $4.45M.
What is the long-term trend for Granite Point Mortgage Trust's compensation and benefits?
Over 4 years (2021 to 2025), Granite Point Mortgage Trust's compensation and benefits has grown at a -1.9% compound annual growth rate (CAGR), from $21.46M to $19.86M.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.