PennyMac Mortgage Investment Trust (PMTU) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 3.37M | 425.89M | 290.54M | 237.18M | 189.22M | 14.66M | 265.78M | 121.75M | 102.41M | 317.11M | 2.5M | 178.45M | 227.81M | 104.41M | 84.09M | -112.28M | -221.88M | 221.21M | 192.09M | 421.06M |
| Revenue Growth % | -98.22% | 2805.11% | 9.32% | 94.81% | 84.77% | -95.38% | 10518.54% | -31.77% | -55.05% | 203.72% | -97.02% | 258.93% | 202.67% | -52.8% | -56.22% | -126.67% | -188.59% | -18.36% | -33.18% | -42.25% |
| Property Operating Expenses | 13.5M | 36M | 228.39M | 205.15M | 182.14M | 31.63M | 38.57M | 26.86M | 27.05M | 28.32M | 28.86M | 28.69M | 36.24M | 38.49M | 44.76M | 46.03M | 46.26M | 49.47M | 75.65M | 88.59M |
| Net Operating Income (NOI) | -10.13M | 389.89M | 62.15M | 32.03M | 7.08M | -16.97M | 227.21M | 94.9M | 75.36M | 288.79M | -26.35M | 149.76M | 191.56M | 65.92M | 39.33M | -158.31M | -268.14M | 171.74M | 116.44M | 332.48M |
| NOI Margin % | -300.98% | 91.55% | 21.39% | 13.51% | 3.74% | -115.75% | 85.49% | 77.94% | 73.58% | 91.07% | -1052.82% | 83.92% | 84.09% | 63.14% | 46.77% | 141% | 120.85% | 77.64% | 60.62% | 78.96% |
| Operating Expenses | 2.98M | 99.06M | 15.15M | 15.03M | 13.38M | 16.34M | 11.09M | 11.36M | 10.86M | 13.71M | 11.27M | 10.24M | 10.32M | 12.85M | 11.49M | 10.71M | 13.58M | 17.65M | 9.09M | 15.14M |
| G&A Expenses | 2.98M | 23.94M | 2.82M | 2.84M | 2.97M | 14.19M | 11.09M | 10.87M | 10.86M | 11.66M | 11.27M | 10.24M | 10.32M | 10.79M | 11.49M | 10.71M | 13.58M | 15.87M | 9.09M | 15.14M |
| EBITDA | -13.11M | 290.83M | 47M | 17.01M | -6.3M | 148.98M | 395.62M | 251.01M | 232.11M | 460.2M | 141.41M | 322.24M | 355.38M | 206.5M | 137.49M | -95.5M | -222.15M | 226.39M | 179.45M | 392.96M |
| EBITDA Margin % | -389.37% | 68.29% | 16.18% | 7.17% | -3.33% | 1016.21% | 148.85% | 206.16% | 226.65% | 145.13% | 5649.7% | 180.58% | 156% | 197.78% | 163.5% | 85.05% | 100.12% | 102.34% | 93.42% | 93.33% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | -13.11M | 290.83M | 47M | 17.01M | -6.3M | -33.31M | 216.12M | 83.53M | 64.49M | 275.08M | -37.62M | 139.52M | 181.25M | 53.07M | 27.84M | -169.03M | -281.72M | 154.09M | 107.36M | 317.34M |
| Operating Margin % | -389.37% | 68.29% | 16.18% | 7.17% | -3.33% | -227.24% | 81.31% | 68.61% | 62.98% | 86.75% | -1503.04% | 78.19% | 79.56% | 50.83% | 33.1% | 150.54% | 126.97% | 69.66% | 55.89% | 75.37% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -0.05x | 1.14x | 0.21x | 0.08x | -0.03x | 0.80x | 2.15x | 1.46x | 1.35x | 2.48x | 0.77x | 1.72x | 1.98x | 1.34x | 1.21x | -1.22x | -3.50x | 3.07x | 2.38x | 4.96x |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 | -33.31M | 216.12M | 83.53M | 64.49M | 275.08M | -37.62M | 139.52M | 181.25M | 53.07M | 27.84M | -169.03M | -281.72M | 154.09M | 107.36M | 317.34M |
| Pretax Income | 26.89M | 36.11M | 47M | 17.01M | -6.3M | 55.12M | 26.53M | 28.61M | 32.38M | 40.32M | 118.42M | 46.85M | 38.8M | -5.48M | 90.38M | -39.87M | 18.06M | -19.51M | -40.66M | 13.8M |
| Pretax Margin % | 798.78% | 8.48% | 16.18% | 7.17% | -3.33% | 376.02% | 9.98% | 23.5% | 31.62% | 12.72% | 4731.12% | 26.26% | 17.03% | -5.25% | 107.48% | 35.51% | -8.14% | -8.82% | -21.16% | 3.28% |
| Income Tax | 2.28M | -16.25M | -11.3M | 9.47M | -15.98M | 8.59M | 14.87M | 3.17M | 15.23M | 12.59M | 57M | 22.23M | 21.9M | 10.14M | 78.47M | 30.87M | 37.19M | 2.62M | 4.7M | 24.3M |
| Effective Tax Rate % | 8.47% | -44.99% | -24.04% | 55.7% | 253.68% | 15.58% | 56.05% | 11.1% | 47.02% | 31.22% | 48.13% | 47.44% | 56.43% | -185.06% | 86.82% | -77.42% | 205.93% | -13.44% | -11.56% | 176.09% |
| Net Income | 14.16M | 52.36M | 58.3M | 7.53M | 9.68M | 46.53M | 41.41M | 25.43M | 47.61M | 52.91M | 61.42M | 24.62M | 60.7M | 4.66M | 11.91M | -70.73M | -19.13M | -16.89M | -35.95M | 38.09M |
| Net Margin % | 420.58% | 12.29% | 20.06% | 3.18% | 5.12% | 317.43% | 15.58% | 20.89% | 46.49% | 16.69% | 2453.94% | 13.8% | 26.64% | 4.47% | 14.17% | 63% | 8.62% | -7.63% | -18.72% | 9.05% |
| Net Income Growth % | 46.29% | 12.52% | 40.79% | -70.38% | -79.67% | -12.05% | -32.59% | 3.29% | -21.56% | 1034.7% | 415.59% | 134.81% | 417.3% | 127.61% | 133.13% | -285.69% | -126.72% | -120.38% | -136.12% | -91.8% |
| Funds From Operations (FFO) | 18.99M | 52.36M | 58.3M | 7.53M | 9.68M | 42.08M | 37.22M | 30.36M | 51.79M | 49.26M | 61.42M | 24.62M | 64.46M | 10.91M | 12.41M | -70.73M | -14.99M | -16.89M | -35.95M | 38.09M |
| FFO Margin % | 564.09% | 12.29% | 20.06% | 3.18% | 5.12% | 287.07% | 14.01% | 24.93% | 50.57% | 15.53% | 2453.94% | 13.8% | 28.3% | 10.45% | 14.76% | 63% | 6.76% | -7.63% | -18.72% | 9.05% |
| FFO Growth % | - | - | - | - | - | -14.57% | - | - | -19.65% | 351.46% | - | - | 530.04% | - | - | - | -118.98% | - | - | - |
| FFO per Share | 0.22 | 0.60 | 0.67 | 0.09 | 0.11 | 0.48 | 0.43 | 0.35 | 0.47 | 0.44 | 0.55 | 0.28 | 0.57 | 0.12 | 0.14 | -0.77 | -0.16 | -0.18 | -0.37 | 0.39 |
| FFO Payout Ratio % | 0% | 66.54% | 59.77% | 462.48% | 359.9% | 82.81% | 93.63% | 114.8% | 67.1% | 70.66% | 56.66% | 143.56% | 55.32% | 387.02% | 345.06% | -61.77% | -298.87% | -270.46% | -128.21% | 121.05% |
| EPS (Diluted) | 0.16 | 0.49 | 0.55 | -0.04 | -0.01 | 0.41 | 0.36 | 0.17 | 0.39 | 0.44 | 0.51 | 0.16 | 0.50 | -0.07 | 0.01 | -0.88 | -0.32 | -0.28 | -0.45 | 0.32 |
| EPS Growth % | - | 19.51% | 52.78% | -121% | -102.41% | -6.82% | -29.41% | 6.25% | -22% | 766.67% | 3322.82% | 118.18% | 256.25% | 76.43% | 103.31% | -375% | -147.76% | -135.9% | -147.87% | -92.9% |
| EPS (Basic) | 0.16 | 0.49 | 0.55 | -0.04 | -0.01 | 0.41 | 0.36 | 0.17 | 0.43 | 0.49 | 0.59 | 0.16 | 0.57 | -0.07 | 0.01 | -0.88 | -0.32 | -0.28 | -0.45 | 0.32 |
| Diluted Shares Outstanding | 87.08M | 87.02M | 87.02M | 87.01M | 86.91M | 86.81M | 86.86M | 86.85M | 111.02M | 110.99M | 111.09M | 87.27M | 113.39M | 89.1M | 90.59M | 91.96M | 94.15M | 96.31M | 97.5M | 98.03M |