Originates senior loans secured by commercial real estate.
Dec 2025Revenue $66.2M/yrExpenses −$47.1M/yr
No trend
Figures by year
Is Blackstone Mortgage Trust profitable?
Yes. In the 12 months to Dec 2025, revenue was $66.2M and expenses −$47.1M.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $66.2M | −$47.1M | $113M |
| Dec 2024 | $8.79M | $208M | −$199M |
| Dec 2023 | $2.04B | $1.78B | $255M |
| Dec 2022 | $1.34B | $1.08B | $254M |
| Dec 2021 | $855M | $432M | $423M |
| Dec 2020 | $780M | $639M | $141M |
| Dec 2019 | $883M | $576M | $307M |
| Dec 2018 | $756M | $470M | $286M |
| Dec 2017 | $538M | $320M | $218M |
| Dec 2016 | $498M | $251M | $247M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.