Filing Flows › Claros Mortgage Trust (CMTG) › Q3 2026
Claros Mortgage Trust (CMTG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Claros Mortgage Trust (CMTG) reported revenue of $32.6M for the third quarter 2026 (Q3 2026), -29% from a year earlier and +10% from the quarter before. Operating margin was -43.7%, net loss $14.3M (43.7% of revenue).
Claros Mortgage Trust, Q3 2026: revenue $32.6M (-29% year over year), operating margin -43.7%, net loss $14.3M, operating cash flow $8.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.6M | +10% | -29% |
| Operating profit | −$14.3M | — | — |
| Net earnings | −$14.3M | — | — |
| Operating cash flow | $8.0M | — | -9% |
What changed
Revenue was $32.6M in Q3 2026, down 29% year over year and up 10% from the previous quarter.
Operating costs exceeded revenue by $14.3M, an operating margin of -43.7%. Total costs fell 16% while revenue fell 29%. The quarter ended with a net loss of $14.3M, narrower than the previous quarter's $255.4M loss.
Operating cash flow was $8.0M (down 9% year over year). Non-cash charges added back $4.5M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $16.3M.
Questions
What was Claros Mortgage Trust's revenue in the third quarter 2026?
Claros Mortgage Trust (CMTG) reported revenue of $32.6M for the third quarter 2026 (Q3 2026), -29% from a year earlier and +10% from the quarter before.
Was Claros Mortgage Trust profitable in the third quarter 2026?
Operating loss was $14.3M (-43.7% of revenue) and net loss $14.3M.