Blackstone Mortgage Trust (BXMT)
Originates senior commercial real estate loans across North America, Europe, and Australia.
$13.14
After hours−0.01 (−0.08%)
At close$13.15(−0.90%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 515 | 501 | 482 | 461 | 426 | 397 | 366 | 393 | 373 | 389 | 380 | 381 |
| Cost of revenue | 29 | 26 | 19 | 19 | 23 | 56 | 80 | 82 | 75 | 116 | 303 | 15 |
| Gross profit | 486 | 474 | 463 | 442 | 403 | 342 | 286 | 312 | 298 | 273 | 77 | 366 |
| 104 | 124 | 244 | 161 | 139 | 16 | 43 | 40 | −9 | 6 | 29 | 117 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 15 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 15 |
| Other expenses | 104 | 124 | 244 | 161 | 139 | 16 | 43 | 40 | −9 | 6 | 0 | 102 |
| Operating income | 382 | 351 | 219 | 281 | 265 | 326 | 243 | 272 | 307 | 268 | 49 | 249 |
| −350 | −352 | −341 | −340 | −320 | −289 | −243 | −264 | −242 | −227 | −54 | −328 | |
| Interest income | 519 | 505 | 486 | 466 | 430 | 387 | 332 | 360 | 346 | 314 | 306 | 310 |
| Interest expense | 354 | 351 | 344 | 339 | 322 | 285 | 242 | 265 | 247 | 235 | 221 | 227 |
| Other non-operating income | −5 | 0 | −3 | 0 | −2 | 4 | 1 | 2 | −4 | −7 | −167 | 0 |
| Income before tax | 32 | −1 | −122 | −59 | −55 | 37 | 0 | 8 | 65 | 40 | −5 | −79 |
| Income tax expense | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 1 | 1 | 3 |
| Net income from continuing operations | 31 | −2 | −123 | −60 | −56 | 37 | 0 | 7 | 63 | 40 | −6 | −81 |
| Net income | 30 | −2 | −124 | −61 | −56 | 37 | 0 | 7 | 63 | 40 | −6 | −81 |
| EPS, basic | $0.17 | −$0.01 | −$0.71 | −$0.35 | −$0.32 | $0.21 | −$0.00 | $0.04 | $0.37 | $0.23 | −$0.04 | −$0.48 |
| EPS, diluted | $0.17 | −$0.01 | −$0.71 | −$0.35 | −$0.32 | $0.21 | −$0.00 | $0.04 | $0.37 | $0.23 | −$0.04 | −$0.48 |
| Weighted average shares, basic | 173 | 173 | 174 | 174 | 174 | 173 | 172 | 172 | 172 | 171 | 169 | 169 |
| Weighted average shares, diluted | 173 | 173 | 174 | 174 | 174 | 173 | 172 | 172 | 172 | 171 | 169 | 169 |
| EBITDA | 386 | 351 | 222 | 281 | 268 | 330 | 258 | 287 | 326 | 296 | 216 | 270 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 1 | 8 | 16 | 17 | 15 | 21 | 0 | 20 |
| EBIT | 386 | 351 | 222 | 280 | 267 | 322 | 242 | 270 | 311 | 275 | 216 | 250 |
