PennyMac Mortgage Investment Trust (PMT)
Holds mortgage servicing rights, credit-risk-transfer positions, and securitization bonds on its own balance sheet.
$9.08
vs last close+0.20 (+2.20%)
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 | 3 | 317 | 102 | 122 | 266 | 15 | 189 | 237 | 291 | 426 | 451 | 478 |
| Cost of revenue | 29 | 28 | 27 | 27 | 39 | 32 | 182 | 205 | 228 | 36 | 35 | 33 |
| Gross profit | −26 | 289 | 75 | 95 | 227 | −17 | 7 | 32 | 62 | 390 | 417 | 444 |
| 11 | 14 | 11 | 11 | 11 | 16 | 13 | 15 | 15 | 99 | 49 | 35 | |
| Research & development | 0 | 2 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | 12 | 11 | 11 | 11 | 14 | 3 | 3 | 3 | 24 | 3 | 22 | |
| Selling & marketing | 2 | 2 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 3 | 0 | 3 |
| General & administrative | 9 | 9 | 9 | 9 | 10 | 13 | 3 | 3 | 3 | 21 | 3 | 19 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 12 | 12 | 75 | 45 | 13 |
| Operating income | −38 | 275 | 64 | 84 | 216 | −33 | −6 | 17 | 47 | 291 | 368 | 410 |
| 156 | −235 | −32 | −55 | −190 | 88 | −327 | 0 | −345 | −255 | −341 | 0 | |
| Interest income | 48 | 126 | 144 | 152 | 177 | 123 | 176 | 196 | 230 | 248 | 276 | 304 |
| Interest expense | 184 | 186 | 172 | 172 | 184 | 187 | 182 | 205 | 228 | 255 | 280 | 311 |
| Other non-operating income | −38 | 275 | 64 | 84 | 216 | −33 | 145 | 0 | 116 | 78 | 61 | 81 |
| Income before tax | 118 | 40 | 32 | 29 | 27 | 55 | −6 | 17 | 47 | 36 | 27 | 17 |
| Income tax expense | 57 | −13 | −15 | 3 | −15 | 9 | −16 | 9 | −11 | −16 | 2 | −14 |
| Net income from continuing operations | 61 | 53 | 48 | 25 | 41 | 47 | 10 | 8 | 58 | 52 | 25 | 31 |
| Net income | 61 | 53 | 48 | 25 | 41 | 47 | 10 | 8 | 58 | 52 | 25 | 31 |
| EPS, basic | $0.59 | $0.49 | $0.43 | $0.17 | $0.36 | $0.41 | −$0.01 | −$0.04 | $0.55 | $0.49 | $0.16 | $0.24 |
| EPS, diluted | $0.51 | $0.44 | $0.39 | $0.17 | $0.36 | $0.41 | −$0.01 | −$0.04 | $0.55 | $0.49 | $0.16 | $0.23 |
| Weighted average shares, basic | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 |
| Weighted average shares, diluted | 111 | 111 | 111 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 |
| EBITDA | 141 | 460 | 236 | 256 | 396 | 149 | −6 | 17 | 47 | 291 | 307 | 328 |
| Depreciation & amortization | 0 | 0 | 4 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 141 | 460 | 232 | 251 | 396 | 149 | −6 | 17 | 47 | 291 | 307 | 328 |