Filing Flows › PennyMac Mortgage Investment Trust (PMT) › Q2 2026
PennyMac Mortgage Investment Trust (PMT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
PennyMac Mortgage Investment Trust (PMT) reported revenue of $72.7M for the second quarter 2026 (Q2 2026), +4% from a year earlier and -11% from the quarter before. Operating margin was 23.1%, net earnings $30.9M (42.5% of revenue).
PennyMac Mortgage Investment Trust, Q2 2026: revenue $72.7M (+4% year over year), operating margin 23.1%, net earnings $30.9M, operating cash flow −$2.9B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.7M | -11% | +4% |
| Operating profit | $16.8M | -37% | -1% |
| Net earnings | $30.9M | +26% | +310% |
| Operating cash flow | −$2.9B | — | — |
What changed
Revenue was $72.7M in Q2 2026, up 4% year over year and down 11% from the previous quarter.
Operating profit was $16.8M, a 23.1% margin (down 1.1 points year over year). Operating profit fell $186K even though revenue rose $2.5M versus Q2 2025, so costs grew faster than sales. Total costs grew 5% against revenue growth of 4%. Net earnings were $30.9M, up 310% year over year. The effective tax rate was -83.8%.
Operating cash flow was −$2,939.3M. Non-cash charges added back $1.5M of share-based compensation. Working capital and other items used $2,971.8M.
Questions
What was PennyMac Mortgage Investment Trust's revenue in the second quarter 2026?
PennyMac Mortgage Investment Trust (PMT) reported revenue of $72.7M for the second quarter 2026 (Q2 2026), +4% from a year earlier and -11% from the quarter before.
Was PennyMac Mortgage Investment Trust profitable in the second quarter 2026?
Operating profit was $16.8M (23.1% of revenue) and net earnings $30.9M.
Source: PennyMac Mortgage Investment Trust 10-Q on SEC EDGAR.