Operating Expenses

Total Operating Expenses

Granite Point Mortgage Trust Total Operating Expenses decreased by 30.4% to $13.86M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $14.31M to $13.86M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 14.8% 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 2015
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

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$8.71M$9.23M$8.43M$9.89M$9.46M$8.36M$8.99M$10.56M$11.37M$10.97M$10.39M$12.24M$10.77M$14.57M$12.50M$14.31M$14.48M$12.46M$19.92M$13.86M
QoQ Change+6.1%-8.7%+17.3%-4.4%-11.6%+7.6%+17.4%+7.7%-3.6%-5.3%+17.8%-12.0%+35.2%-14.2%+14.5%+1.2%-13.9%+59.8%-30.4%
YoY Change+8.6%-9.5%+6.7%+6.8%+20.3%+31.2%+15.5%+15.9%-5.3%+32.8%+20.3%+16.9%+34.5%-14.4%+59.3%-3.1%
Range$8.36M$19.92M
CAGR+10.3%
Avg YoY Growth+14.8%
Median YoY Growth+15.7%

Frequently Asked Questions

What is Granite Point Mortgage Trust's total operating expenses?
Granite Point Mortgage Trust (GPMT) reported total operating expenses of $13.86M in Q1 2026.
How has Granite Point Mortgage Trust's total operating expenses changed year-over-year?
Granite Point Mortgage Trust's total operating expenses decreased by 3.1% year-over-year, from $14.31M to $13.86M.
What is the long-term trend for Granite Point Mortgage Trust's total operating expenses?
Over 4 years (2021 to 2025), Granite Point Mortgage Trust's total operating expenses has grown at a 14.8% compound annual growth rate (CAGR), from $35.27M to $61.17M.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.