Claros Mortgage Trust Operating Expenses Growth & History (CMTG)
Claros Mortgage Trust's operating expenses was $178.6M for fiscal 2025.
View full Claros Mortgage Trust company overviewClaros Mortgage Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $178.6M | $13.6M | +8.27% |
| 2024 | 2024-12-31 | $165.0M | $9.6M | +6.21% |
| 2023 | 2023-12-31 | $155.3M | $25.5M | +19.67% |
| 2022 | 2022-12-31 | $129.8M | $21.4M | +19.77% |
| 2021 | 2021-12-31 | $108.4M | $47.0M | +76.51% |
| 2020 | 2020-12-31 | $61.4M | −$14.3M | −18.90% |
| 2019 | 2019-12-31 | $75.7M | — | — |
Claros Mortgage Trust quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $48.9M | $6.2M | +14.59% |
| Q1 2026 | 2026-03-31 | $46.5M | $8.9M | +23.53% |
| Q4 2025 | 2025-12-31 | $52.0M | $9.4M | +22.19% |
| Q3 2025 | 2025-09-30 | $46.3M | $4.3M | +10.25% |
| Q2 2025 | 2025-06-30 | $42.7M | $1.5M | +3.63% |
| Q1 2025 | 2025-03-31 | $37.6M | −$1.6M | −4.08% |
| Q4 2024 | 2024-12-31 | $42.6M | $1.9M | +4.59% |
| Q3 2024 | 2024-09-30 | $42.0M | $2.1M | +5.20% |
| Q2 2024 | 2024-06-30 | $41.2M | $3.5M | +9.14% |
| Q1 2024 | 2024-03-31 | $39.2M | $2.2M | +6.06% |
| Q4 2023 | 2023-12-31 | $40.7M | $3.3M | +8.90% |
| Q3 2023 | 2023-09-30 | $39.9M | $4.4M | +12.26% |
| Q2 2023 | 2023-06-30 | $37.8M | $7.3M | +24.00% |
| Q1 2023 | 2023-03-31 | $37.0M | $10.6M | +39.88% |
| Q4 2022 | 2022-12-31 | $37.4M | −$1.9M | −4.89% |
| Q3 2022 | 2022-09-30 | $35.5M | $12.1M | +51.41% |
| Q2 2022 | 2022-06-30 | $30.4M | −$1.5M | −4.79% |
| Q1 2022 | 2022-03-31 | $26.5M | $12.8M | +93.93% |
| Q4 2021 | 2021-12-31 | $39.3M | — | — |
| Q3 2021 | 2021-09-30 | $23.5M | $8.9M | +60.64% |
| Q2 2021 | 2021-06-30 | $32.0M | — | — |
| Q1 2021 | 2021-03-31 | $13.6M | — | — |
| Q3 2020 | 2020-09-30 | $14.6M | — | — |
Claros Mortgage Trust operating expenses trends
Over the last five fiscal years, Claros Mortgage Trust's operating expenses increased from $61.4M to $178.6M, a change of $117.2M. The latest reported quarter, Q2 2026, shows $48.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Claros Mortgage Trust source filings ↗