Jun 2026 (Q2 FY26) — Jul 30, 2026
Blackstone Mortgage Trust Q2 FY26 — Strategic Portfolio Rotation and Watchlist Reduction
Read the full callBlackstone Mortgage Trust earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | -81.2 | −1265.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $17.81 on 17 Oct 2025 → $10.25. High $20.63 (15 Dec 2025), low $10.25 (19 Oct 2026).
Overview
Call summaries
Blackstone Mortgage Trust Q2 FY26 — Strategic Portfolio Rotation and Watchlist Reduction
Read the full callEvery analysed call
Financials
Net profit, year on year: −1265% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Profit before tax | -55 | 37 | 0 | 8 | 65 | 40 | -5 | -79 |
| Tax rate | −1.1% | −1.2% | 195.6% | 11.4% | 2.3% | 1.3% | −22.4% | −3.2% |
| Net profit | -56 | 37 | -0 | 7 | 63 | 40 | -6 | -81 |
| EPS ($ per share) | -0.32 | — | 0 | 0.04 | 0.37 | — | -0.04 | -0.48 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Reserves | -569 | -593 | -829 | -795 | -969 | -1,151 | -1,734 | -1,945 |
| Total liabilities | 11,093 | 12,767 | 13,055 | 18,085 | 20,810 | 19,649 | 16,008 | 16,499 |
| Total assets | 14,467 | 16,552 | 16,959 | 22,703 | 25,354 | 24,036 | 19,802 | 20,003 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 290 | 304 | 337 | 382 | 397 | 459 | 366 | 276 |
| Cash from investing | -4,252 | -1,871 | -88 | -5,627 | -3,254 | 1,444 | 3,497 | 359 |
| Cash from financing | 3,958 | 1,613 | -111 | 5,508 | 2,607 | -1,848 | -3,883 | -514 |
| Net cash flow | -4 | 45 | — | — | — | — | — | — |
44 filings between Oct 22, 2025 and Oct 15, 2026.
Purchases
$143.4K
1 purchase by 1 insider
Sales
$280.9K
12 sales by 3 insiders
92% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Pena Fernando Austin | — | $197.3K | Sep 30, 2026 |
| NASSAU HENRY N | $143.4K | — | Aug 4, 2026 |
| URBASZEK MARCIN | — | $53.2K | Sep 17, 2026 |
| Marone Anthony F. JR | — | $30.4K | Dec 17, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 15, 2026 | NASSAU HENRY N Director | Award | 4,967 | $53.5K |
| Oct 15, 2026 | Cotton Leonard W Director | Award | 2,989 | $32.2K |
| Oct 15, 2026 | Lynch Nnenna Director | Award | 1,872 | $20.2K |
| Oct 15, 2026 | SAGALYN LYNNE B Director | Award | 6,428 | $69.3K |
| Oct 15, 2026 | Hsu Chen Yi Director | Award | 295 | $3.2K |
| Sep 30, 2026 | Pena Fernando Austin President | Sale 10b5-1 plan | 1,725 | $20.1K |
| Sep 17, 2026 | URBASZEK MARCIN Chief Financial Officer | Sale 10b5-1 plan | 864 | $11.6K |
| Sep 17, 2026 | Pena Fernando Austin President | Sale 10b5-1 plan | 1,127 | $15.1K |
| Aug 4, 2026 | NASSAU HENRY N Director | Purchase | 10,000 | $143.4K |
| Jul 15, 2026 | Hsu Chen Yi Director | Award | 181 | $3.1K |
| Jul 15, 2026 | SAGALYN LYNNE B Director | Award | 3,939 | $67.4K |
| Jul 15, 2026 | Lynch Nnenna Director | Award | 1,147 | $19.6K |
| Jul 15, 2026 | NASSAU HENRY N Director | Award | 3,044 | $52.1K |
| Jul 15, 2026 | Cotton Leonard W Director | Award | 1,831 | $31.3K |
| Jun 30, 2026 | Pena Fernando Austin President | Sale 10b5-1 plan | 1,670 | $28.5K |
| Jun 26, 2026 | Hsu Chen Yi Director | Award | 6,597 | $115.0K |
| Jun 26, 2026 | Nash Michael B. Director | Award | 6,597 | $115.0K |
| Jun 26, 2026 | Lynch Nnenna Director | Award | 6,597 | $115.0K |
| Jun 26, 2026 | Perez-Alvarado Gilda Director | Award | 6,597 | $115.0K |
| Jun 26, 2026 | SAGALYN LYNNE B Director | Award | 6,597 | $115.0K |
| Jun 26, 2026 | Cotton Leonard W Director | Award | 6,597 | $115.0K |
| Jun 26, 2026 | NASSAU HENRY N Director | Award | 6,597 | $115.0K |
| Jun 25, 2026 | Pena Fernando Austin President | Sale 10b5-1 plan | 2,398 | $41.9K |
| Jun 17, 2026 | URBASZEK MARCIN Chief Financial Officer | Sale 10b5-1 plan | 1,352 | $24.8K |
| Apr 15, 2026 | Lynch Nnenna Director | Award | 803 | $16.2K |
| Apr 15, 2026 | SAGALYN LYNNE B Director | Award | 3,275 | $65.9K |
| Apr 15, 2026 | Cotton Leonard W Director | Award | 1,523 | $30.6K |
| Apr 15, 2026 | NASSAU HENRY N Director | Award | 2,531 | $50.9K |
| Mar 31, 2026 | Pena Fernando Austin President | Sale 10b5-1 plan | 1,666 | $31.5K |
| Mar 17, 2026 | URBASZEK MARCIN Chief Financial Officer | Sale 10b5-1 plan | 452 | $8.6K |
| Jan 15, 2026 | Cotton Leonard W Director | Award | 1,534 | $29.9K |
| Jan 15, 2026 | Lynch Nnenna Director | Award | 809 | $15.8K |
| Jan 15, 2026 | SAGALYN LYNNE B Director | Award | 3,300 | $64.3K |
| Jan 15, 2026 | NASSAU HENRY N Director | Award | 2,550 | $49.7K |
| Dec 31, 2025 | Pena Fernando Austin President | Sale 10b5-1 plan | 3,131 | $60.2K |
| Dec 25, 2025 | SAGALYN LYNNE B Director | Gift | 10,777 | $0 |
| Dec 17, 2025 | Marone Anthony F. JR Chief Financial Officer | Sale 10b5-1 plan | 1,012 | $20.6K |
| Dec 17, 2025 | URBASZEK MARCIN Deputy Chief Financial Officer | Sale 10b5-1 plan | 400 | $8.1K |
| Dec 15, 2025 | Johnson Timothy Steven Chief Executive Officer | Award | 54,799 | $0 |
| Dec 15, 2025 | Marone Anthony F. JR Chief Financial Officer | Award 10b5-1 plan | 14,448 | $0 |
| Dec 15, 2025 | URBASZEK MARCIN Deputy Chief Financial Officer | Award 10b5-1 plan | 15,337 | $0 |
| Dec 15, 2025 | Pena Fernando Austin President | Award | 36,843 | $0 |
| Dec 1, 2025 | Marone Anthony F. JR Chief Financial Officer | Sale | 506 | $9.8K |
| Oct 22, 2025 | Hsu Chen Yi Director | Award | 4,253 | $78.1K |
| Oct 15, 2025 | Lynch Nnenna Director | Award | 831 | $15.4K |
| Oct 15, 2025 | NASSAU HENRY N Director | Award | 2,620 | $48.5K |
| Oct 15, 2025 | Cotton Leonard W Director | Award | 1,576 | $29.2K |
| Oct 15, 2025 | SAGALYN LYNNE B Director | Award | 3,391 | $62.8K |
| Sep 17, 2025 | Keenan Katharine A CEO & President | Sale 10b5-1 plan | 4,593 | $89.5K |
| Sep 17, 2025 | URBASZEK MARCIN Deputy Chief Financial Officer | Sale 10b5-1 plan | 398 | $7.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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