Net Income

Net Income

Granite Point Mortgage Trust Net Income increased by 89.8% to -$2.43M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 65.4%, from -$7.02M to -$2.43M. Over 4 years (FY 2021 to FY 2025), Net Income shows a downward trend with a -11.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher values indicate greater profitability and financial health, directly impacting shareholder value.

Detailed definition

The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...

Peer comparison

The most common metric for evaluating company performance against industry competitors.

Metric ID: net_income

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$14.27M$18.63M$7.46M$4.64M-$13.73M-$25.50M-$6.23M-$33.83M$5.04M-$20.94M-$13.47M-$74.12M-$63.07M-$31.02M-$38.84M-$7.02M-$13.36M$3.04M-$23.81M-$2.43M
QoQ Change+30.6%-59.9%-37.9%-396.2%-85.7%+75.6%-443.4%+114.9%-515.3%+35.6%-450.2%+14.9%+50.8%-25.2%+81.9%-90.5%+122.7%-884.5%+89.8%
YoY Change-196.2%-236.9%-183.4%-829.7%+136.7%+17.9%-116.4%-119.1%<-999%-48.2%-188.3%+90.5%+78.8%+109.8%+38.7%+65.4%
Range-$74.12M$18.63M
CAGR-31.1%
Avg YoY Growth-170.7%
Median YoY Growth-82.3%

Frequently Asked Questions

What is Granite Point Mortgage Trust's net income?
Granite Point Mortgage Trust (GPMT) reported net income of -$2.43M in Q1 2026.
How has Granite Point Mortgage Trust's net income changed year-over-year?
Granite Point Mortgage Trust's net income increased by 65.4% year-over-year, from -$7.02M to -$2.43M.
What is the long-term trend for Granite Point Mortgage Trust's net income?
Over 4 years (2021 to 2025), Granite Point Mortgage Trust's net income has grown at a -11.9% compound annual growth rate (CAGR), from $68.35M to -$41.15M.
What does net income mean?
The total profit remaining after all costs, expenses, and taxes have been paid.