For the quarter ending 2026-03-31, BXMT had $97,696K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -6,340 | 39,628 | 70,041 | - |
| Non-cash compensation expense | 6,687 | 6,692 | 21,570 | - |
| Amortization of deferred fees on loans | 15,430 | 14,031 | 45,390 | - |
| Amortization of deferred financing costs and premiums/discounts on debt obligations | 9,087 | 11,056 | 27,331 | - |
| Payment-in-kind interest, net of interest received | 5,106 | 6,087 | 13,448 | - |
| Increase in current expected credit loss reserve | 55,055 | 18,375 | 94,111 | - |
| Straight-line rental income | 1,775 | -1,056 | -1,791 | - |
| Gain on extinguishment of debt | - | 0 | 0 | - |
| Depreciation and amortization of owned real estate | 20,885 | 20,880 | 47,960 | - |
| Net loss on disposition of owned real estate | -160 | - | - | - |
| (income) loss from unconsolidated entities | 1,383 | 7,272 | 1,035 | - |
| Distributions of earnings from unconsolidated entities | 12,291 | 1,509 | - | - |
| Unrealized loss on derivative financial instruments, net | -3,520 | 318 | -3,059 | - |
| Realized gain on derivative financial instruments, net | 7,481 | 4,643 | 16,846 | - |
| Other assets | -99,013 | -67,633 | 37,181 | - |
| Other liabilities | 544 | 1,830 | -12,398 | - |
| Net cash provided by operating activities | 169,727 | 136,308 | -18,184 | 157,749 |
| Principal fundings of loans receivable | 290,826 | 1,685,583 | 491,793 | 3,440,030 |
| Principal collections, sales proceeds, and cost-recovery proceeds from loans receivable | 599,251 | 1,447,728 | 1,362,748 | 3,408,253 |
| Origination and other fees received on loans receivable | 12,235 | 23,831 | 16,407 | 30,475 |
| Investment in debt securities | 66,650 | - | - | - |
| Payments under derivative financial instruments | 25,866 | 4,746 | 70,282 | 127,982 |
| Receipts under derivative financial instruments | 7,903 | 34,659 | 1,738 | 94,364 |
| Collateral deposited under derivative agreements | 89,090 | 41,900 | 47,880 | 343,500 |
| Return of collateral deposited under derivative agreements | 107,400 | 16,600 | 134,300 | 261,890 |
| Investment in unconsolidated entities | 58,893 | 28,455 | 70,952 | 107,712 |
| Return of capital from unconsolidated entities | 20,746 | - | - | - |
| Proceeds from disposition of owned real estate | 15,148 | - | - | - |
| Capital expenditures on owned real estate | -10,532 | -4,293 | -1,634 | -6,846 |
| Contributions from non-controlling interests | - | 0 | 0 | 0 |
| Net cash provided by investing activities | 220,826 | -242,159 | 832,652 | -231,088 |
| Proceeds from sale of loan participations | - | 0 | - | - |
| Borrowings under long-term debt-Secured Debt | 210,868 | 1,403,138 | 431,292 | 2,525,536 |
| Proceeds from issuance of senior secured notes | - | 0 | - | - |
| Repayments of loan participations | - | 0 | 50,000 | 54,028 |
| Repayments and repurchases of long-term debt-Secured Debt | 1,187,050 | 1,138,171 | 1,227,599 | 2,072,147 |
| Repayments and repurchases of long-term debt-Senior Secured Notes | - | 0 | 0 | 0 |
| Proceeds from issuance of securitized debt obligations | 880,000 | 190,714 | 0 | 831,250 |
| Repayments and repurchases of long-term debt-Securitized Debt Obligation | 133,608 | 522,588 | 23,416 | 169,926 |
| Borrowings under long-term debt-Asset Specific Debt | 11,521 | 367,591 | 103,761 | 230,699 |
| Repayments and repurchases of long-term debt-Asset Specific Debt | 48,000 | 0 | 1 | 936,274 |
| Borrowings under long-term debt-Term Loan | 72,117 | 40,732 | 50,000 | - |
| Repayments and repurchases of long-term debt-Convertible Debt | - | 0 | 0 | - |
| Repayments and repurchases of long-term debt-Term Loan | 0 | 1,133 | 2,620 | 3,690 |
| Payment of deferred financing costs | 16,476 | 17,259 | 8,000 | 28,541 |
| Distributions to non-controlling interests | 2,345 | 1,289 | 75 | 137 |
| Dividends paid on class a common stock | 79,082 | 80,239 | 80,636 | 161,856 |
| Repurchases of class a common stock | 802 | 61,755 | 16,066 | 31,686 |
| Net cash used in financing activities | -292,857 | 179,741 | -823,360 | 129,200 |
| Net increase in cash and cash equivalents | 97,696 | 73,890 | -8,892 | 55,861 |
| Cash and cash equivalents at beginning of period | 452,526 | 377,921 | 323,483 | - |
| Effects of currency translation on cash and cash equivalents | -1,069 | 715 | 7,469 | - |
| Cash and cash equivalents at end of period | 549,153 | 452,526 | 377,921 | - |
BLACKSTONE MORTGAGE TRUST, INC. (BXMT)
BLACKSTONE MORTGAGE TRUST, INC. (BXMT)