PennyMac Mortgage Investment TrustPMTEarnings & Financial Report
PennyMac Mortgage Investment Trust is a U.S.-headquartered real estate investment trust specializing in residential mortgage assets. It invests in performing and non-performing mortgage loans, mortgage-backed securities, and credit risk transfer instruments, operating across investment management and mortgage servicing segments in the U.S. housing market.
Revenue
$80.9M
Gross Profit
N/A
Operating Profit
$26.5M
Net Profit
$41.4M
Gross Margin
N/A
Operating Margin
32.8%
Net Margin
51.2%
YoY Growth
-50.5%
EPS
$0.36
PennyMac Mortgage Investment Trust Q3 FY2024 Financial Summary
PennyMac Mortgage Investment Trust reported revenue of $80.9M (down 50.5% YoY) for Q3 FY2024, with a net profit of $41.4M (down 32.6% YoY) (51.2% margin).
Key Financial Metrics
| Total Revenue | $80.9M |
|---|---|
| Net Profit | $41.4M |
| Gross Margin | N/A |
| Operating Margin | 32.8% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
PennyMac Mortgage Investment Trust Q3 FY2024 revenue of $80.9M breaks down across 5 segments, led by Credit Sensitive Strategies at $26.5M (32.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Credit Sensitive Strategies | $26.5M | 32.8% |
| Interest Rate Sensitive Strategies | $26.1M | 32.3% |
| Correspondent Production | $20.1M | 24.8% |
| Other | $6.2M | 7.7% |
| Penny Mac Financial Services Affiliated Entity | $2.0M | 2.5% |
PennyMac Mortgage Investment Trust Revenue by Segment — Quarterly Trend
PennyMac Mortgage Investment Trust revenue by segment across the last 4 reported quarters, showing how each business line (such as Credit Sensitive Strategies and Interest Rate Sensitive Strategies) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Credit Sensitive Strategies | — | $18.8M | $21.9M | — |
| Interest Rate Sensitive Strategies | $31.4M | $38.4M | $14.1M | — |
| Correspondent Production | $7.2M | $14.9M | $17.8M | — |
| Other | $55.0M | $27.1M | $13.7M | — |
| Penny Mac Financial Services Affiliated Entity | — | — | $2.7M | — |
PennyMac Mortgage Investment Trust Annual Revenue by Year
PennyMac Mortgage Investment Trust annual revenue history includes year-by-year totals (for example, 2025 revenue was $307.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $307.5M |
| 2024 | $334.2M |
| 2023 | $429.0M |
| 2022 | $303.8M |
PennyMac Mortgage Investment Trust Quarterly Revenue & Net Profit History
PennyMac Mortgage Investment Trust results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $93.6M | -13.3% | $52.4M | 56.0% |
| Q3 FY2025 | $99.2M | +22.7% | $58.3M | 58.7% |
| Q2 FY2025 | $70.2M | -1.4% | $7.5M | 10.7% |
| Q1 FY2025 | $44.5M | -40.1% | $9.7M | 21.8% |
| Q4 FY2024 | $107.9M | +27.3% | $46.5M | 43.1% |
| Q3 FY2024 | $80.9M | -50.5% | $41.4M | 51.2% |
| Q2 FY2024 | $71.2M | -21.3% | $25.4M | 35.7% |
| Q1 FY2024 | $74.2M | -17.9% | $47.6M | 64.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.2M | $71.2M | $80.9M | $107.9M | $44.5M | $70.2M | $99.2M | $93.6M |
| YoY Growth | -17.9% | -21.3% | -50.5% | 27.3% | -40.1% | -1.4% | 22.7% | -13.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.29B | $12.08B | $13.06B | $14.41B | $14.88B | $16.80B | $18.53B | $21.35B |
| Liabilities | $10.33B | $10.14B | $11.12B | $12.47B | $12.97B | $14.94B | $16.65B | $19.46B |
| Equity | $1.96B | $1.94B | $1.94B | $1.94B | $1.90B | $1.87B | $1.88B | $1.89B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-342.4M | $243.8M | $-983.8M | $-2.70B | $-594.3M | $-2.02B | $-1.30B | $-7.21B |