Every 10-Q that Granite Point Mortgage Trust Inc. (GPMT) 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 GPMT 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 GPMT filings page.
Granite Point Mortgage Trust Inc., a commercial mortgage REIT, reported a sharp downturn for the quarter ended June 30, 2026. Net loss attributable to common stockholders was $62.0 million, or $(1.29) per share, compared with a loss of $17.0 million a year earlier. Results were driven by a $47.0 million provision for credit losses and a $6.1 million impairment on a Miami Beach office property reclassified as held-for-sale.
Loans held-for-investment fell to $1.23 billion from $1.54 billion at year-end as repayments outpaced modest originations. Nonaccrual loans reached $333.5 million of amortized cost, and the total allowance for credit losses increased to $165.8 million, including seven collateral-dependent loans with $321.3 million of principal and five loans rated “5 – Loss Likely” totaling $252.9 million.
Total assets were $1.46 billion and equity $480.4 million. Cash, cash equivalents and restricted cash were $107.5 million. The company remained in compliance with leverage, net worth and interest-coverage covenants, with tangible net worth of $646.1 million, but management notes that unrestricted cash could temporarily fall below minimum covenant levels in late 2026 without mitigating actions such as an asset sale under contract or potential temporary reductions or suspension of common and preferred dividends.
Granite Point Mortgage Trust Inc. reported a net loss attributable to common stockholders of $6.0 million, or $0.13 per share, for the three months ended March 31, 2026, narrowing from a loss of $10.6 million a year earlier. Net interest income was essentially flat at $8.0 million, while other income improved due to a small benefit from credit losses.
The loan portfolio continued to contract, with loans held-for-investment, net, declining to $1.36 billion from $1.54 billion at year-end, driven by $176.9 million of repayments and a loan sale. The allowance for credit losses inched up to $147.3 million, and loans on nonaccrual status had amortized cost of $343.2 million, reflecting ongoing credit pressure, particularly in office and certain hotel assets.
Total assets fell to $1.54 billion and total liabilities to $998.6 million, leaving stockholders’ equity of $543.9 million. The company held $43.6 million of cash and equivalents and $68.0 million of unfunded loan commitments, maintained two REO office properties with $93.2 million of real estate owned, net, and remained in compliance with all key financing covenants while continuing to pay quarterly common and preferred dividends.
Granite Point Mortgage Trust (GPMT) reported Q3 2025 results showing a smaller quarterly loss and lower credit stress across its portfolio. Net (loss) income attributable to common stockholders was $565 thousand, or $(0.01) per share, versus a $(34.6) million loss a year ago. Net interest income improved to $10.3 million from $7.7 million as interest expense declined with lower borrowings.
The loan book continued to shrink as repayments outpaced new fundings. Loans held-for-investment, net were $1.58 billion, down from $1.90 billion at year-end 2024. The allowance for credit losses decreased to $133.6 million (including $2.7 million on unfunded commitments), driven by resolutions and write-offs, partly offset by new specific reserves. Nonaccrual loans fell sharply to a carrying value of $109.7 million (three loans) from $408.2 million a year earlier.
Leverage moved lower: repurchase facilities declined to $438.1 million and securitized debt to $677.1 million. Liquidity remained solid with $62.7 million of cash, and the company reported compliance with all financial covenants, including an interest coverage ratio of 1.3:1.0. As of October 29, 2025, common shares outstanding were 47,405,734.