
Blackstone Mortgage Trust Inc
NYSE:BXMT

Income Statement
Earnings Waterfall
Blackstone Mortgage Trust Inc
Revenue
|
1.8B
USD
|
Cost of Revenue
|
-1.4B
USD
|
Gross Profit
|
417.3m
USD
|
Operating Expenses
|
-619.4m
USD
|
Operating Income
|
-202.1m
USD
|
Other Expenses
|
-2m
USD
|
Net Income
|
-204.1m
USD
|
Income Statement
Blackstone Mortgage Trust Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
185
N/A
|
215
+16%
|
253
+18%
|
341
+35%
|
411
+21%
|
470
+15%
|
520
+11%
|
510
-2%
|
498
-2%
|
494
-1%
|
490
-1%
|
508
+4%
|
538
+6%
|
575
+7%
|
639
+11%
|
696
+9%
|
756
+9%
|
826
+9%
|
857
+4%
|
868
+1%
|
883
+2%
|
863
-2%
|
832
-4%
|
812
-2%
|
780
-4%
|
762
-2%
|
767
+1%
|
773
+1%
|
855
+11%
|
902
+5%
|
989
+10%
|
1 147
+16%
|
1 339
+17%
|
1 596
+19%
|
1 834
+15%
|
1 995
+9%
|
2 038
+2%
|
2 032
0%
|
1 977
-3%
|
1 889
-4%
|
1 782
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(69)
|
(81)
|
(96)
|
(128)
|
(152)
|
(174)
|
(192)
|
(186)
|
(184)
|
(186)
|
(191)
|
(214)
|
(235)
|
(258)
|
(292)
|
(322)
|
(360)
|
(408)
|
(438)
|
(452)
|
(459)
|
(463)
|
(452)
|
(438)
|
(425)
|
(399)
|
(398)
|
(402)
|
(429)
|
(455)
|
(515)
|
(641)
|
(821)
|
(1 045)
|
(1 259)
|
(1 413)
|
(1 486)
|
(1 500)
|
(1 481)
|
(1 439)
|
(1 365)
|
|
Gross Profit |
116
N/A
|
133
+15%
|
156
+17%
|
213
+36%
|
258
+21%
|
297
+15%
|
328
+11%
|
324
-1%
|
314
-3%
|
308
-2%
|
299
-3%
|
295
-1%
|
303
+3%
|
317
+5%
|
348
+10%
|
375
+8%
|
397
+6%
|
417
+5%
|
420
+1%
|
417
-1%
|
424
+2%
|
400
-6%
|
380
-5%
|
374
-2%
|
354
-5%
|
363
+2%
|
369
+2%
|
371
+1%
|
426
+15%
|
446
+5%
|
474
+6%
|
506
+7%
|
518
+2%
|
551
+6%
|
575
+4%
|
581
+1%
|
552
-5%
|
532
-4%
|
495
-7%
|
450
-9%
|
417
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(47)
|
(64)
|
(68)
|
(78)
|
(70)
|
(86)
|
(85)
|
(87)
|
(84)
|
(84)
|
(83)
|
(82)
|
(85)
|
(89)
|
(98)
|
(104)
|
(110)
|
(115)
|
(115)
|
(116)
|
(117)
|
(100)
|
(80)
|
(65)
|
(46)
|
(45)
|
(44)
|
(44)
|
(43)
|
(45)
|
(47)
|
(49)
|
(52)
|
(53)
|
(53)
|
(52)
|
(301)
|
(402)
|
(556)
|
(693)
|
(619)
|
|
Selling, General & Administrative |
(47)
|
(55)
|
(59)
|
(69)
|
(67)
|
(86)
|
(85)
|
(87)
|
(82)
|
(84)
|
(83)
|
(82)
|
(83)
|
(88)
|
(91)
|
(90)
|
(107)
|
(119)
|
(125)
|
(131)
|
(114)
|
(96)
|
(76)
|
(60)
|
(42)
|
(41)
|
(41)
|
(41)
|
(39)
|
(41)
|
(42)
|
(43)
|
(44)
|
(44)
|
(44)
|
(44)
|
(44)
|
(45)
|
(47)
|
(51)
|
(69)
|
|
Other Operating Expenses |
0
|
(9)
|
(9)
|
(9)
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
(1)
|
(7)
|
(14)
|
(3)
|
4
|
10
|
16
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(9)
|
(257)
|
(357)
|
(509)
|
(642)
|
(550)
|
|
Operating Income |
68
N/A
|
70
+2%
|
89
+28%
|
135
+52%
|
188
+39%
|
211
+12%
|
244
+15%
|
237
-3%
|
230
-3%
|
224
-2%
|
216
-4%
|
212
-2%
|
218
+3%
|
228
+4%
|
250
+10%
|
270
+8%
|
286
+6%
|
302
+5%
|
305
+1%
|
301
-1%
|
307
+2%
|
300
-2%
|
299
0%
|
309
+3%
|
308
0%
|
318
+3%
|
325
+2%
|
327
+1%
|
383
+17%
|
401
+5%
|
427
+6%
|
457
+7%
|
466
+2%
|
498
+7%
|
522
+5%
|
529
+1%
|
251
-53%
|
130
-48%
|
(61)
N/A
|
(243)
-300%
|
(202)
+17%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
41
|
64
|
39
|
37
|
34
|
13
|
17
|
22
|
17
|
16
|
6
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
|
Non-Reccuring Items |
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(123)
|
(180)
|
(173)
|
(168)
|
(44)
|
64
|
55
|
40
|
41
|
(23)
|
(32)
|
(212)
|
(224)
|
(239)
|
(319)
|
5
|
(117)
|
(89)
|
5
|
5
|
|
Pre-Tax Income |
101
N/A
|
134
+32%
|
128
-4%
|
172
+35%
|
212
+23%
|
224
+5%
|
260
+16%
|
259
0%
|
247
-5%
|
241
-2%
|
222
-8%
|
213
-4%
|
218
+2%
|
228
+4%
|
250
+10%
|
270
+8%
|
286
+6%
|
302
+5%
|
305
+1%
|
301
-1%
|
307
+2%
|
177
-42%
|
120
-32%
|
136
+13%
|
141
+4%
|
274
+95%
|
389
+42%
|
382
-2%
|
423
+11%
|
442
+5%
|
404
-9%
|
425
+5%
|
254
-40%
|
274
+8%
|
283
+3%
|
210
-26%
|
255
+21%
|
13
-95%
|
(150)
N/A
|
(237)
-58%
|
(199)
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(5)
|
(5)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(2)
|
|
Income from Continuing Operations |
100
|
133
|
127
|
172
|
212
|
223
|
260
|
259
|
246
|
241
|
222
|
213
|
218
|
228
|
250
|
270
|
286
|
302
|
305
|
302
|
307
|
177
|
120
|
136
|
140
|
274
|
388
|
382
|
422
|
442
|
403
|
423
|
251
|
269
|
278
|
205
|
250
|
8
|
(155)
|
(241)
|
(202)
|
|
Income to Minority Interest |
(11)
|
(21)
|
(19)
|
(19)
|
(15)
|
(5)
|
(8)
|
(9)
|
(8)
|
(8)
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
|
Net Income (Common) |
90
N/A
|
112
+25%
|
108
-4%
|
153
+41%
|
197
+29%
|
219
+11%
|
252
+15%
|
250
-1%
|
238
-5%
|
233
-2%
|
220
-5%
|
213
-3%
|
218
+2%
|
227
+4%
|
249
+10%
|
269
+8%
|
285
+6%
|
301
+5%
|
304
+1%
|
300
-1%
|
306
+2%
|
176
-43%
|
118
-33%
|
133
+13%
|
138
+4%
|
271
+97%
|
385
+42%
|
379
-2%
|
419
+11%
|
439
+5%
|
401
-9%
|
420
+5%
|
249
-41%
|
267
+7%
|
275
+3%
|
201
-27%
|
247
+22%
|
5
-98%
|
(158)
N/A
|
(244)
-54%
|
(204)
+16%
|
|
EPS (Diluted) |
1.54
N/A
|
1.91
+24%
|
1.33
-30%
|
1.63
+23%
|
2.41
+48%
|
2.32
-4%
|
2.7
+16%
|
2.67
-1%
|
2.53
-5%
|
2.44
-4%
|
2.33
-5%
|
2.25
-3%
|
2.27
+1%
|
2.09
-8%
|
2.28
+9%
|
2.31
+1%
|
2.5
+8%
|
2.41
-4%
|
2.4
0%
|
2.23
-7%
|
2.35
+5%
|
1.29
-45%
|
0.85
-34%
|
0.9
+6%
|
0.97
+8%
|
1.85
+91%
|
2.62
+42%
|
2.53
-3%
|
2.77
+9%
|
2.49
-10%
|
2.16
-13%
|
2.26
+5%
|
1.46
-35%
|
1.47
+1%
|
1.52
+3%
|
1.16
-24%
|
1.43
+23%
|
0.02
-99%
|
-0.91
N/A
|
-1.4
-54%
|
-1.17
+16%
|