vs
Side-by-side financial comparison of TPG Mortgage Investment Trust, Inc. (MITT) and DNA X, Inc. (SONM). Click either name above to swap in a different company.
TPG Mortgage Investment Trust, Inc. is the larger business by last-quarter revenue ($20.4M vs $16.2M, roughly 1.3× DNA X, Inc.). TPG Mortgage Investment Trust, Inc. runs the higher net margin — 65.0% vs -29.3%, a 94.3% gap on every dollar of revenue. On growth, TPG Mortgage Investment Trust, Inc. posted the faster year-over-year revenue change (17.7% vs 7.9%). Over the past eight quarters, DNA X, Inc.'s revenue compounded faster (9.9% CAGR vs 9.1%).
TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.
MITT vs SONM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $20.4M | $16.2M |
| Net Profit | $13.3M | $-4.8M |
| Gross Margin | — | 11.2% |
| Operating Margin | 67.1% | -24.5% |
| Net Margin | 65.0% | -29.3% |
| Revenue YoY | 17.7% | 7.9% |
| Net Profit YoY | -7.0% | -89.2% |
| EPS (diluted) | $0.27 | $-4.83 |
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.
| Q4 25 | $20.4M | — | ||
| Q3 25 | $19.5M | $16.2M | ||
| Q2 25 | $17.8M | $11.2M | ||
| Q1 25 | $18.8M | $16.7M | ||
| Q4 24 | $17.4M | $15.3M | ||
| Q3 24 | $14.9M | $15.0M | ||
| Q2 24 | $16.4M | $11.5M | ||
| Q1 24 | $17.2M | $9.1M |
| Q4 25 | $13.3M | — | ||
| Q3 25 | $20.0M | $-4.8M | ||
| Q2 25 | $3.9M | $-7.5M | ||
| Q1 25 | $11.5M | $458.0K | ||
| Q4 24 | $14.3M | $-21.6M | ||
| Q3 24 | $16.6M | $-2.5M | ||
| Q2 24 | $3.9M | $-6.6M | ||
| Q1 24 | $20.9M | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | 50.0% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | 28.2% | ||
| Q2 24 | — | 25.8% | ||
| Q1 24 | — | 31.8% |
| Q4 25 | 67.1% | — | ||
| Q3 25 | — | -24.5% | ||
| Q2 25 | 20.9% | -60.2% | ||
| Q1 25 | 54.6% | 3.9% | ||
| Q4 24 | 76.7% | 55.3% | ||
| Q3 24 | — | -15.8% | ||
| Q2 24 | 18.4% | -56.2% | ||
| Q1 24 | — | -29.5% |
| Q4 25 | 65.0% | — | ||
| Q3 25 | 102.5% | -29.3% | ||
| Q2 25 | 22.2% | -66.8% | ||
| Q1 25 | 60.9% | 2.7% | ||
| Q4 24 | 82.2% | -141.6% | ||
| Q3 24 | 111.3% | -16.7% | ||
| Q2 24 | 24.0% | -57.5% | ||
| Q1 24 | 121.6% | -31.9% |
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.47 | $-4.83 | ||
| Q2 25 | $-0.05 | $-0.79 | ||
| Q1 25 | $0.21 | $0.08 | ||
| Q4 24 | $0.30 | $-116.99 | ||
| Q3 24 | $0.40 | $-9.32 | ||
| Q2 24 | $-0.02 | $-1.41 | ||
| Q1 24 | $0.55 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $57.8M | $2.1M |
| Total DebtLower is stronger | — | $5.1M |
| Stockholders' EquityBook value | $560.7M | $-701.0K |
| Total Assets | $8.7B | $40.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.8M | — | ||
| Q3 25 | $59.0M | $2.1M | ||
| Q2 25 | $88.7M | $2.0M | ||
| Q1 25 | $115.5M | $2.1M | ||
| Q4 24 | $118.7M | $5.3M | ||
| Q3 24 | $102.5M | $9.1M | ||
| Q2 24 | $120.9M | $9.6M | ||
| Q1 24 | $100.3M | $9.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $5.1M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $560.7M | — | ||
| Q3 25 | $559.8M | $-701.0K | ||
| Q2 25 | $536.4M | $-1.3M | ||
| Q1 25 | $543.9M | $-1.1M | ||
| Q4 24 | $543.4M | $-5.7M | ||
| Q3 24 | $540.1M | $15.3M | ||
| Q2 24 | $533.5M | $17.5M | ||
| Q1 24 | $539.6M | $19.8M |
| Q4 25 | $8.7B | — | ||
| Q3 25 | $9.0B | $40.2M | ||
| Q2 25 | $7.5B | $36.1M | ||
| Q1 25 | $7.3B | $36.0M | ||
| Q4 24 | $6.9B | $39.7M | ||
| Q3 24 | $7.0B | $49.1M | ||
| Q2 24 | $7.1B | $45.9M | ||
| Q1 24 | $6.4B | $42.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $59.6M | $-7.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.48× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.6M | — | ||
| Q3 25 | $17.4M | $-7.0M | ||
| Q2 25 | $11.5M | $-4.9M | ||
| Q1 25 | $12.0M | $-9.6M | ||
| Q4 24 | $55.8M | $-4.5M | ||
| Q3 24 | $14.5M | $-417.0K | ||
| Q2 24 | $13.7M | $-3.4M | ||
| Q1 24 | $12.0M | $-168.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-4.5M | ||
| Q3 24 | — | $-554.0K | ||
| Q2 24 | — | $-3.4M | ||
| Q1 24 | — | $-198.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -29.6% | ||
| Q3 24 | — | -3.7% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -2.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 4.48× | — | ||
| Q3 25 | 0.87× | — | ||
| Q2 25 | 2.92× | — | ||
| Q1 25 | 1.05× | -20.97× | ||
| Q4 24 | 3.91× | — | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 3.50× | — | ||
| Q1 24 | 0.57× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
