PennyMac Mortgage Investment Trust (PMT) — Financial statements
Income statement, balance sheet, and cash flow for PennyMac Mortgage Investment Trust — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,028↑103.8% | 505↓30.5% | 726↑598.3% | -146↓119.2% | 757 | |
| Cost of Revenue | 870↑601.3% | 124↑1.6% | 122↓30.4% | 176↓43.1% | 309 | |
| Gross Profit | 158↓58.5% | 380↓37.0% | 604↑288.0% | -321↓171.6% | 449 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 2↑5.5% | 2↓0.6% | 2↑15.2% | 2 | |
| General & Administrative Expenses | 12↓71.3% | 41↑13.8% | 36↓10.5% | 41↓17.0% | 49 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 6↓21.1% | 7↑19.6% | 6↑48.5% | 4 | |
| SG&A Expenses | 12↓74.7% | 47↑8.1% | 43↓6.6% | 47↓12.0% | 53 | |
| Other Expenses | 52 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 64↑30.7% | 49↑8.0% | 46↓6.4% | 49↓11.1% | 55 | |
| Total Costs & Expenses | 935↑439.4% | 173↑3.4% | 168↓25.2% | 224↓38.3% | 363 | |
| Operating Results | ||||||
| Operating Income | 94↓71.7% | 331↓40.6% | 558↑250.9% | -370↓193.9% | 394 | |
| Depreciation & Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBITDA | 94↓90.9% | 1,028↓19.7% | 1,279↑4757.7% | 26↓96.2% | 688 | |
| EBIT | 94↓90.9% | 1,028↓19.7% | 1,279↑4757.7% | 26↓96.2% | 688 | |
| Interest & Other Income | ||||||
| Net Interest Income | -19↑75.5% | -79↑67.7% | -246↓190.3% | -85↑31.2% | -123 | |
| Interest Income | 851↑33.9% | 635↑29.5% | 490↑50.5% | 326↑79.2% | 182 | |
| Interest Expense | 870↑21.8% | 715↓2.9% | 736↑79.3% | 410↑34.7% | 305 | |
| Non-Operating Income | 0.00↓100.0% | 331↓40.6% | 558↑250.9% | -370↓193.9% | 394 | |
| Other Income / Expenses | 0.00↑100.0% | -189↑39.9% | -314↓172.5% | 433↑223.9% | -349 | |
| Income Before Tax | 94↓34.2% | 143↓41.6% | 244↑287.4% | 63↑41.3% | 45 | |
| Income Tax Expense | -34↓285.7% | 18↓59.0% | 45↓67.2% | 136↑1018.5% | 12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 128↓20.6% | 161↓19.4% | 200↑372.4% | -73↓228.9% | 57 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 128↓20.6% | 161↓19.4% | 200↑372.4% | -73↓228.9% | 57 | |
| Bottom-Line Net Income | 86↓27.7% | 119↓34.9% | 182↑257.9% | -116↓550.4% | 26 | |
| EPS (Basic) | 0.99↓27.7% | 1.37↓23.9% | 1.80↑242.9% | -1.26↓584.6% | 0.26 | |
| EPS (Diluted) | 0.99↓27.7% | 1.37↓16.0% | 1.63↑229.4% | -1.26↓584.6% | 0.26 | |
| Weighted Average Shares | 87↑0.2% | 87↓0.6% | 87↓4.4% | 91↓6.1% | 97 | |
| Weighted Average Diluted Shares | 87↑0.2% | 87↓22.3% | 112↑22.2% | 91↓6.1% | 97 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.