Filing Flows › Claros Mortgage Trust (CMTG) › Q2 2026
Claros Mortgage Trust (CMTG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Claros Mortgage Trust (CMTG) reported revenue of $29.7M for the second quarter 2026 (Q2 2026), -42% from a year earlier and +0.7% from the quarter before. Operating margin was -859.7%, net loss $255M (859.7% of revenue).
Claros Mortgage Trust, Q2 2026: revenue $29.7M (-42% year over year), operating margin -859.7%, net loss $255M, operating cash flow −$12.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.7M | +0.7% | -42% |
| Operating profit | −$255M | — | — |
| Net earnings | −$255M | — | — |
| Operating cash flow | −$12.1M | — | — |
What changed
Revenue was $29.7M in Q2 2026, down 42% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $255.4M, an operating margin of -859.7%. Total costs grew 22% against a revenue fall of 42%. The fastest-growing cost line was Other operating costs (+23%). The quarter ended with a net loss of $255.4M, wider than the previous quarter's $54.3M loss.
Operating cash flow was −$12.1M. Non-cash charges added back $6.1M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $235.6M.
Questions
What was Claros Mortgage Trust's revenue in the second quarter 2026?
Claros Mortgage Trust (CMTG) reported revenue of $29.7M for the second quarter 2026 (Q2 2026), -42% from a year earlier and +0.7% from the quarter before.
Was Claros Mortgage Trust profitable in the second quarter 2026?
Operating loss was $255M (-859.7% of revenue) and net loss $255M.