Every 10-Q that Claros Mortgage Trust, Inc. (CMTG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CMTG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMTG filings page.
Claros Mortgage Trust, Inc. reported a net loss of $255.4 million for the quarter and $309.7 million for the six months ended June 30, 2026, as large provisions for current expected credit losses and valuation adjustments on real estate held-for-sale outweighed net revenue.
Total net revenue was $29.7 million for the quarter, down from $51.6 million a year earlier, with net interest turning slightly negative while revenue from real estate owned increased. Loans held-for-investment, net, declined to $2.79 billion and total assets to $3.84 billion.
The total current expected credit loss reserve rose to $604.2 million, equal to 16.9% of unpaid principal, and loans on non-accrual status represented 36.2% of the loan portfolio by carrying value. Equity was $1.24 billion at June 30, 2026, compared with $1.53 billion at December 31, 2025.
Claros Mortgage Trust, Inc. reported a net loss of $54.3 million for the quarter ended March 31, 2026, improving from a loss of $78.6 million a year earlier. Total assets declined to $4.16 billion from $4.72 billion, reflecting loan repayments, sales, and foreclosures.
Loans receivable held-for-investment, net, fell to $3.11 billion from $3.62 billion, while the total current expected credit loss reserve rose to $439.4 million, or 11.4% of unpaid principal balance. Non-accrual loans represented 37.9% of the loan portfolio by net carrying value. The company increased real estate owned held-for-investment, net, to $764.8 million, including a foreclosed multifamily asset in Dallas. It refinanced its secured term loan with a new $500 million facility maturing in 2030 at SOFR plus 6.75% and issued warrants, increasing interest expense despite lower secured financing balances.
Claros Mortgage Trust (CMTG) reported a Q3 2025 net loss of $9.5 million (−$0.07 per share), narrowing from a $56.2 million loss a year ago. Total net revenue was $46.1 million, down from $64.9 million, as net interest income declined to $17.1 million with a smaller, lower‑yielding loan book.
Balance sheet contraction continued. Total assets fell to $5.44 billion from $6.97 billion at year‑end, driven by repayments, loan sales and foreclosures. Loans held‑for‑investment, net, decreased to $4.21 billion from $5.95 billion, while real estate owned held‑for‑investment rose to $661.6 million from $127.1 million. Cash and cash equivalents increased to $339.5 million from $99.1 million, and repurchase agreements declined to $2.18 billion from $3.19 billion.
Credit costs remained elevated year‑to‑date. The company recorded a provision for current expected credit losses of $254.8 million for the nine months ended September 30, 2025. The loan portfolio shrank from 52 to 37 loans, with unpaid principal falling to $4.52 billion and the weighted average interest rate moving to 6.16%. Operating cash flow was a use of $32.9 million, while investing activities provided $1.53 billion and financing used $1.27 billion, lifting ending cash and restricted cash to $356.3 million.