TPG RE Finance Trust (TRTX)
Originates and holds floating-rate first mortgages on transitional, institutional-quality US commercial real estate.
$7.22
vs last close+0.00 (+0.07%)
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 | 97 | 94 | 94 | 90 | 88 | 79 | 79 | 82 | 87 | 84 | 86 | 10 |
| Cost of revenue | 10 | 9 | 17 | 18 | 17 | 18 | 17 | 20 | 17 | 13 | 17 | 0 |
| Gross profit | 88 | 86 | 77 | 72 | 72 | 60 | 62 | 62 | 70 | 71 | 69 | 10 |
| 78 | 23 | 4 | −4 | 0 | 5 | 5 | 2 | −1 | 16 | 2 | 17 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other expenses | 78 | 23 | 4 | −4 | 0 | 5 | 5 | 2 | −1 | 16 | 2 | 16 |
| Operating income | 10 | 63 | 73 | 76 | 71 | 56 | 58 | 60 | 71 | 56 | 68 | −7 |
| −71 | −56 | −56 | −51 | −49 | −45 | −44 | −39 | −49 | −51 | −48 | 20 | |
| Interest income | 90 | 84 | 82 | 78 | 78 | 69 | 68 | 71 | 77 | 74 | 74 | 74 |
| Interest expense | 71 | 63 | 56 | 51 | 49 | 45 | 44 | 46 | 49 | 51 | 48 | 50 |
| Other non-operating income | 0 | −7 | 0 | 0 | 0 | 0 | 0 | −7 | 0 | 0 | 0 | −70 |
| Income before tax | −61 | 6 | 17 | 25 | 22 | 11 | 14 | 21 | 22 | 4 | 19 | 13 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −61 | 6 | 17 | 25 | 22 | 11 | 14 | 21 | 22 | 4 | 19 | 13 |
| Net income | −61 | 6 | 17 | 25 | 22 | 11 | 14 | 21 | 22 | 4 | 19 | 13 |
| EPS, basic | −$0.83 | $0.03 | $0.17 | $0.26 | $0.23 | $0.09 | $0.12 | $0.21 | $0.24 | $0.00 | $0.19 | $0.12 |
| EPS, diluted | −$0.83 | $0.03 | $0.17 | $0.26 | $0.23 | $0.09 | $0.12 | $0.21 | $0.23 | $0.00 | $0.19 | $0.12 |
| Weighted average shares, basic | 78 | 78 | 78 | 79 | 81 | 81 | 81 | 79 | 79 | 78 | 78 | 77 |
| Weighted average shares, diluted | 78 | 78 | 78 | 81 | 81 | 81 | 82 | 80 | 79 | 78 | 79 | 78 |
| EBITDA | 11 | 71 | 77 | 80 | 75 | 59 | 60 | 71 | 74 | 58 | 70 | 66 |
| Depreciation & amortization | 1 | 1 | 4 | 4 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 |
| EBIT | 10 | 70 | 73 | 76 | 71 | 56 | 58 | 67 | 71 | 56 | 68 | 64 |