BXMT
BLACKSTONE MORTGAGE TRUST, INC.
NYSE · Real Estate · REIT - Mortgage · US
$11.63
+4.96%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.5B | 1.5B | 1.8B | 2.0B | 1.3B |
| Cost of Revenue | 771.0M | 352.0M | 119.1M | 119.1M | 110.3M |
| Gross Profit | 737.0M | 1.2B | 1.6B | 1.9B | 1.2B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 56.7M | — | — | — | — |
| General & Admin Expense | 56.7M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 230.3M | 79.3M | 559.7M | 275.5M | 243.8M |
| Total Operating Expenses | 287.1M | 79.3M | 559.7M | 275.5M | 243.8M |
| Cost and Expenses | 1.1B | 431.3M | 678.8M | 394.6M | 354.0M |
| Operating Income (EBIT) | 449.9M | 1.1B | 1.1B | 1.6B | 965.1M |
| Non-Operating | |||||
| Interest Income | 929.2M | 1.4B | 1.8B | 2.0B | 1.3B |
| Interest Expense | 899.0M | 988.9M | 1.3B | 1.4B | 710.9M |
| Net Interest Income | 30.5M | 367.5M | 479.1M | 670.7M | 628.0M |
| Other Non-Op Income/Expense | (820.1M) | (976.4M) | (1.3B) | (1.4B) | (711.0M) |
| Non-Operating Income (excl Interest) | (180.1M) | (8.3M) | (2.6M) | (4.6M) | 96.0K |
| EBT (Pre-Tax Income) | (370.2M) | 113.3M | (199.5M) | 255.3M | 254.1M |
| Income Tax Expense | 5.5M | 3.7M | 2.4M | 5.4M | 3.0M |
| Bottom Line | |||||
| Net Income | (375.1M) | 109.6M | (204.1M) | 246.6M | 248.6M |
| Earnings from Cont. Ops | (375.6M) | 109.7M | (201.8M) | 249.9M | 251.1M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (375.0M) | 109.6M | (204.1M) | 246.6M | 248.6M |
| Per Share | |||||
| Basic EPS | ($2.24) | $0.64 | ($1.17) | $1.43 | $1.46 |
| Diluted EPS | ($2.24) | $0.64 | ($1.17) | $1.43 | $1.46 |
| Revenue Per Share | $8.98 | $8.90 | $10.17 | $11.66 | $7.73 |
| Shares | |||||
| Basic Shares Outstanding | 168.0M | 171.0M | 173.8M | 172.7M | 170.6M |
| Diluted Shares Outstanding | 168.0M | 171.0M | 173.8M | 172.7M | 170.6M |
| Profitability Metrics | |||||
| EBITDA | 693.7M | 1.2B | 1.1B | 1.6B | 1.0B |
| D&A | 63.7M | 68.8M | 9.4M | — | 50.0M |
| EBIT | 630.0M | 1.1B | 1.1B | 1.6B | 965.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026