Financials in USD. Standardized financial statements.
A compact view of how Blackstone Mortgage Trust, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.52B | $1.77B | $2.01B | $1.32B | $847.73M | $775.79M | $882.87M | $756.67M | $537.08M | $497.18M |
| Revenue Growth? | -14.0% | -12.2% | +52.6% | +55.6% | +9.3% | -12.1% | +16.7% | +40.9% | +8.0% | 0.0% |
| Cost of Revenue? | $351.97M | $119.06M | $119.09M | $110.29M | $88.47M | $77.92M | $78.44M | $74.83M | $54.84M | $55.96M |
| Gross Profit? | $1.17B | $1.65B | $1.89B | $1.21B | $759.26M | $697.88M | $804.44M | $681.84M | $482.24M | $441.22M |
| Gross Margin? | +76.9% | +93.3% | +94.1% | +91.6% | +89.6% | +90.0% | +91.1% | +90.1% | +89.8% | +88.7% |
| Operating Expenses? | $79.29M | $559.73M | $275.50M | $243.75M | $3.26M | $214.02M | $497.55M | $395.72M | $263.96M | $197.77M |
| Operating Income? | $1.09B | $1.09B | $1.62B | $965.06M | $756.00M | $483.86M | $306.89M | $286.12M | $218.28M | $243.45M |
| EBITDA? | $1.17B | $1.10B | $1.62B | $965.06M | $756.00M | $483.86M | $766.68M | $646.33M | $451.87M | $428.21M |
| Income Before Tax | $113.34M | -$199.46M | $255.26M | $254.06M | $422.70M | $140.74M | $306.89M | $286.12M | $218.28M | $246.64M |
| Income Tax Expense | $3.67M | $2.37M | $5.36M | $3.00M | $423,000 | $323,000 | -$506,000 | $308,000 | $314,000 | $196,000 |
| Net Income? | $109.57M | -$204.09M | $246.56M | $248.64M | $419.19M | $137.67M | $305.57M | $285.08M | $217.63M | $238.30M |
| EPS? | $0.64 | $-1.17 | $1.43 | $1.46 | $2.77 | $0.97 | $2.35 | $2.50 | $2.27 | $2.53 |
| Diluted EPS? | $0.64 | $-1.17 | $1.43 | $1.46 | $2.77 | $0.97 | $2.35 | $2.50 | $2.27 | $2.53 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality