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Operating Expenses

Total Operating Expenses

TPG Mortgage Investment Trust Total Operating Expenses decreased by 5.6% to $9.85M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $10.08M to $9.85M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 8.8% 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 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

Lower expenses relative to assets under management indicate higher operational efficiency and better scalability.

Detailed definition

The aggregate of all costs incurred to maintain the company's daily business operations, including management fees, admi...

Peer comparison

Typically benchmarked against total assets or equity to determine the expense ratio relative to industry peers.

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$7.21M$7.55M$9.68M$12.54M$10.53M$12.46M$7.54M$8.93M$7.26M$14.45M$8.03M$9.14M$8.47M$8.54M$8.74M$10.08M$11.33M$11.21M$10.43M$9.85M
QoQ Change+4.8%+28.2%+29.5%-16.0%+18.3%-39.5%+18.4%-18.6%+99.0%-44.4%+13.8%-7.3%+0.8%+2.3%+15.4%+12.4%-1.1%-6.9%-5.6%
YoY Change+46.1%+65.0%-22.1%-28.8%-31.0%+16.0%+6.5%+2.3%+16.6%-40.9%+8.8%+10.3%+33.7%+31.3%+19.4%-2.3%
Range$7.21M$14.45M
CAGR+6.8%
Avg YoY Growth+8.2%
Median YoY Growth+9.6%
Current Streak3 quarters decline

Business Segments

View all
SegmentQ1 '26
Loans and Securities$4.67M
Purchase of AG Arc$0
Total$9.85M

Frequently Asked Questions

What is TPG Mortgage Investment Trust 's total operating expenses?
TPG Mortgage Investment Trust (MITT) reported total operating expenses of $9.85M in Q1 2026.
How has TPG Mortgage Investment Trust 's total operating expenses changed year-over-year?
TPG Mortgage Investment Trust 's total operating expenses decreased by 2.3% year-over-year, from $10.08M to $9.85M.
What is the long-term trend for TPG Mortgage Investment Trust 's total operating expenses?
Over 4 years (2021 to 2025), TPG Mortgage Investment Trust 's total operating expenses has grown at a 8.8% compound annual growth rate (CAGR), from $30.69M to $43.04M.
What does total operating expenses mean?
The sum of all costs required to run the company's day-to-day business.