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Side-by-side financial comparison of BLACKSTONE MORTGAGE TRUST, INC. (BXMT) and Esperion Therapeutics, Inc. (ESPR). Click either name above to swap in a different company.

BLACKSTONE MORTGAGE TRUST, INC. is the larger business by last-quarter revenue ($253.5M vs $168.4M, roughly 1.5× Esperion Therapeutics, Inc.).

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in...

Esperion Therapeutics, Inc. is a publicly traded American pharmaceutical company focused on the development of bempedoic acid, an orally available small molecule designed to lower elevated levels of LDL-C. The company is headquartered in Ann Arbor, Michigan.

BXMT vs ESPR — Head-to-Head

Bigger by revenue
BXMT
BXMT
1.5× larger
BXMT
$253.5M
$168.4M
ESPR

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
BXMT
BXMT
ESPR
ESPR
Revenue
$253.5M
$168.4M
Net Profit
$-61.1M
Gross Margin
Operating Margin
-23.3%
50.6%
Net Margin
-24.1%
Revenue YoY
143.7%
Net Profit YoY
-160.1%
EPS (diluted)
$-0.35
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BXMT
BXMT
ESPR
ESPR
Q4 25
$168.4M
Q3 25
$87.3M
Q2 25
$82.4M
Q1 25
$65.0M
Q4 24
$69.1M
Q3 24
$51.6M
Q2 24
$253.5M
$73.8M
Q1 24
$287.7M
$137.7M
Net Profit
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
$-31.3M
Q2 25
$-12.7M
Q1 25
$-40.5M
Q4 24
Q3 24
$-29.5M
Q2 24
$-61.1M
$-61.9M
Q1 24
$-123.8M
$61.0M
Operating Margin
BXMT
BXMT
ESPR
ESPR
Q4 25
50.6%
Q3 25
-11.4%
Q2 25
8.6%
Q1 25
-34.0%
Q4 24
-6.4%
Q3 24
-31.0%
Q2 24
-23.3%
3.5%
Q1 24
-42.5%
52.5%
Net Margin
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
-35.9%
Q2 25
-15.4%
Q1 25
-62.2%
Q4 24
Q3 24
-57.2%
Q2 24
-24.1%
-83.9%
Q1 24
-43.0%
44.3%
EPS (diluted)
BXMT
BXMT
ESPR
ESPR
Q4 25
$0.32
Q3 25
$-0.16
Q2 25
$-0.06
Q1 25
$-0.21
Q4 24
$-0.14
Q3 24
$-0.15
Q2 24
$-0.35
$-0.33
Q1 24
$-0.71
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BXMT
BXMT
ESPR
ESPR
Cash + ST InvestmentsLiquidity on hand
$373.9M
$167.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.0B
$-302.0M
Total Assets
$22.6B
$465.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXMT
BXMT
ESPR
ESPR
Q4 25
$167.9M
Q3 25
$92.4M
Q2 25
$86.1M
Q1 25
$114.6M
Q4 24
$144.8M
Q3 24
$144.7M
Q2 24
$373.9M
$189.3M
Q1 24
$414.0M
$226.6M
Total Debt
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$16.2B
Stockholders' Equity
BXMT
BXMT
ESPR
ESPR
Q4 25
$-302.0M
Q3 25
$-451.4M
Q2 25
$-433.5M
Q1 25
$-426.2M
Q4 24
$-388.7M
Q3 24
$-370.2M
Q2 24
$4.0B
$-344.2M
Q1 24
$4.1B
$-294.3M
Total Assets
BXMT
BXMT
ESPR
ESPR
Q4 25
$465.9M
Q3 25
$364.0M
Q2 25
$347.1M
Q1 25
$324.0M
Q4 24
$343.8M
Q3 24
$314.1M
Q2 24
$22.6B
$352.3M
Q1 24
$23.3B
$373.1M
Debt / Equity
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
3.92×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BXMT
BXMT
ESPR
ESPR
Operating Cash FlowLast quarter
$100.2M
$45.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BXMT
BXMT
ESPR
ESPR
Q4 25
$45.2M
Q3 25
$-4.3M
Q2 25
$-31.4M
Q1 25
$-22.6M
Q4 24
$-35.0M
Q3 24
$-35.3M
Q2 24
$100.2M
$-7.2M
Q1 24
$94.6M
$53.8M
Free Cash Flow
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-35.5M
Q2 24
$-7.3M
Q1 24
$53.8M
FCF Margin
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-68.7%
Q2 24
-9.9%
Q1 24
39.0%
Capex Intensity
BXMT
BXMT
ESPR
ESPR
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.3%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
BXMT
BXMT
ESPR
ESPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BXMT
BXMT

Segment breakdown not available.

ESPR
ESPR

Collaboration Revenue$124.7M74%
Products$43.7M26%

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