Granite Point Mo Financials

GPMT

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Piotroski F-Score Weak

3/9

Granite Point Mo passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-0.04x

For every $1 of reported earnings, Granite Point Mo generates $-0.04 in operating cash flow ($8.8M OCF vs -$207.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

This page shows Granite Point Mo (GPMT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$185.6M

YoY-29.6%

5Y CAGR-5.5%

Granite Point Mo generated $185.6M in revenue in fiscal year 2024. This represents a decrease of 29.6% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$207.1M

YoY-227.6%

Granite Point Mo reported -$207.1M in net income in fiscal year 2024. This represents a decrease of 227.6% from the prior year.

EPS (Diluted)

$-4.39

YoY-192.7%

Granite Point Mo earned $-4.39 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 192.7% from the prior year.

Cash & Debt

$87.8M

YoY-53.4%

5Y CAGR+1.8%

Granite Point Mo held $87.8M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.30

YoY-62.5%

5Y CAGR-29.1%

Granite Point Mo paid $0.30 per share in dividends in fiscal year 2024. This represents a decrease of 62.5% from the prior year.

Shares Outstanding

49M

YoY-3.5%

5Y CAGR-2.3%

Granite Point Mo had 49M shares outstanding in fiscal year 2024. This represents a decrease of 3.5% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-111.6%

YoY-87.6pp

5Y CAGR-140.1pp

Granite Point Mo's net profit margin was -111.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 87.6 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$7.6M

YoY-26.0%

Granite Point Mo spent $7.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 26.0% from the prior year.

Capital Expenditures

N/A

GPMT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$185.6M-29.6%	$263.7M+25.1%	$210.9M+6.3%	$198.3M-16.6%	$237.7M-3.5%	$246.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$149.7M-17.6%	$181.7M+44.1%	$126.1M+19.5%	$105.6M-6.5%	$112.9M-17.6%	$137.0M
Income Tax	-$10K-110.5%	$95K+458.8%	$17K-91.1%	$192K-67.6%	$593K+14925.0%	-$4K
Net Income	-$207.1M-227.6%	-$63.2M-54.8%	-$40.8M-159.7%	$68.4M+269.0%	-$40.4M-157.6%	$70.2M
EPS (Diluted)	$-4.39-192.7%	$-1.50-44.2%	$-1.04-184.6%	$1.23+268.5%	$-0.73-155.3%	$1.32

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$33.7M-0.2%	$33.8M-3.8%	$35.1M-9.2%	$38.7M-20.1%	$48.5M-10.3%	$54.1M-12.1%	$61.5M-7.8%	$66.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$23.4M-9.1%	$25.8M-5.0%	$27.1M-13.0%	$31.1M-22.8%	$40.3M-2.9%	$41.5M-6.0%	$44.2M-5.6%	$46.8M
Income Tax	$62K+6300.0%	-$1K-101.4%	$70K+1266.7%	-$6K-500.0%	-$1K0.0%	-$1K-200.0%	$1K-93.3%	$15K
Net Income	$3.0M+122.7%	-$13.4M-90.5%	-$7.0M+81.9%	-$38.8M+38.4%	-$63.1M+14.9%	-$74.1M-450.2%	-$13.5M+35.6%	-$20.9M
EPS (Diluted)	$-0.01+97.1%	$-0.35-59.1%	$-0.22+74.4%	$-0.86+34.4%	$-1.31+14.4%	$-1.53-363.6%	$-0.33+31.2%	$-0.48

GPMT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.1B-25.7%	$2.8B-17.6%	$3.5B-13.4%	$4.0B-5.5%	$4.2B-5.4%	$4.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$87.8M-53.4%	$188.4M+41.5%	$133.1M-30.6%	$191.9M-26.6%	$261.4M+225.6%	$80.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5B-24.8%	$2.0B-19.5%	$2.5B-17.0%	$3.0B-9.5%	$3.3B-4.5%	$3.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$619.1M-27.9%	$858.9M-12.7%	$983.5M-2.9%	$1.0B+8.5%	$933.8M-8.4%	$1.0B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$1.8B-5.9%	$1.9B-5.5%	$2.0B-4.0%	$2.1B-16.9%	$2.5B-6.4%	$2.7B-4.4%	$2.8B-9.1%	$3.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$62.7M-26.3%	$85.1M-0.7%	$85.7M-2.3%	$87.8M+2.2%	$85.9M-44.6%	$155.2M-17.6%	$188.4M-26.9%	$257.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.2B-8.2%	$1.3B-6.4%	$1.4B-4.7%	$1.5B-18.8%	$1.8B-5.3%	$1.9B-2.1%	$2.0B-11.2%	$2.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$582.0M-0.4%	$584.2M-3.4%	$604.7M-2.3%	$619.1M-12.1%	$704.6M-9.0%	$774.1M-9.9%	$858.9M-3.6%	$890.6M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GPMT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$8.8M-83.2%	$52.1M-11.5%	$58.9M-2.3%	$60.3M+197.7%	$20.3M-67.3%	$61.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$435.2M-22.5%	$561.4M+37.4%	$408.6M+192.4%	$139.8M-59.1%	$341.6M+133.0%	-$1.0B
Financing Cash Flow	-$528.7M+4.6%	-$554.5M-4.3%	-$531.7M-63.6%	-$325.0M-68.9%	-$192.4M-119.1%	$1.0B
Dividends Paid	$24.0M-44.0%	$42.9M-21.0%	$54.3M-18.6%	$66.7M+95.6%	$34.1M-60.5%	$86.3M
Share Buybacks	$7.6M-26.0%	$10.3M-34.5%	$15.7M-11.7%	$17.8M	$0	$0

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$4.5M+514.0%	$736K+112.9%	-$5.7M-19133.3%	$30K-97.0%	$987K-40.2%	$1.7M-82.9%	$9.7M-39.6%	$16.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$90.3M-5.5%	$95.6M+19.4%	$80.1M-41.1%	$136.0M+197.4%	$45.7M+167.6%	$17.1M-90.1%	$173.5M+10.7%	$156.7M
Financing Cash Flow	-$116.8M-15.8%	-$100.9M-14.1%	-$88.4M+39.6%	-$146.3M-26.2%	-$116.0M-132.2%	-$49.9M+81.3%	-$267.5M-61.2%	-$166.0M
Dividends Paid	$2.6M-1.1%	$2.6M-0.5%	$2.6M-2.8%	$2.7M-66.5%	$8.0M-23.6%	$10.5M-1.9%	$10.7M0.0%	$10.7M
Share Buybacks	$0-100.0%	$3.1M+24.2%	$2.5M-37.2%	$4.0M+151.3%	$1.6M	$0-100.0%	$5.2M	$0

GPMT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-111.6%-87.6pp	-24.0%-4.6pp	-19.4%-53.8pp	34.5%+51.5pp	-17.0%-45.5pp	28.5%
Return on Equity	N/A	N/A	N/A	6.8%	N/A	6.9%
Return on Assets	-9.8%-7.6pp	-2.2%-1.0pp	-1.2%-2.9pp	1.7%+2.7pp	-1.0%-2.5pp	1.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.42+0.1	2.31-0.2	2.51-0.4	2.94-0.6	3.52+0.1	3.38
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	9.0%+48.5pp	-39.5%-19.6pp	-20.0%+80.3pp	-100.3%+29.8pp	-130.1%+7.0pp	-137.1%-115.2pp	-21.9%+9.5pp	-31.4%
Return on Equity	0.5%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	0.2%+0.9pp	-0.7%-0.4pp	-0.4%+1.5pp	-1.8%+0.6pp	-2.5%+0.2pp	-2.7%-2.3pp	-0.5%+0.2pp	-0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.10-0.2	2.28-0.1	2.36-0.1	2.42-0.2	2.61+0.1	2.51+0.2	2.31-0.2	2.52
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Granite Point Mo's annual revenue?

Granite Point Mo (GPMT) reported $185.6M in total revenue for fiscal year 2024. This represents a -29.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Granite Point Mo's revenue growing?

Granite Point Mo (GPMT) revenue declined by 29.6% year-over-year, from $263.7M to $185.6M in fiscal year 2024.

Is Granite Point Mo profitable?

No, Granite Point Mo (GPMT) reported a net income of -$207.1M in fiscal year 2024, with a net profit margin of -111.6%.

What is Granite Point Mo's earnings per share (EPS)?

Granite Point Mo (GPMT) reported diluted earnings per share of $-4.39 for fiscal year 2024. This represents a -192.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Granite Point Mo's net profit margin?

Granite Point Mo (GPMT) had a net profit margin of -111.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Granite Point Mo pay dividends?

Yes, Granite Point Mo (GPMT) paid $0.30 per share in dividends during fiscal year 2024.

What is Granite Point Mo's operating cash flow?

Granite Point Mo (GPMT) generated $8.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Granite Point Mo's total assets?

Granite Point Mo (GPMT) had $2.1B in total assets as of fiscal year 2024, including both current and long-term assets.

Does Granite Point Mo buy back shares?

Yes, Granite Point Mo (GPMT) spent $7.6M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Granite Point Mo have outstanding?

Granite Point Mo (GPMT) had 49M shares outstanding as of fiscal year 2024.

What is Granite Point Mo's debt-to-equity ratio?

Granite Point Mo (GPMT) had a debt-to-equity ratio of 2.42 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Granite Point Mo's return on assets (ROA)?

Granite Point Mo (GPMT) had a return on assets of -9.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Granite Point Mo's Piotroski F-Score?

Granite Point Mo (GPMT) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Granite Point Mo's earnings high quality?

Granite Point Mo (GPMT) has an earnings quality ratio of -0.04x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.