---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-26-000031"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:33:02.252835+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BXMT Q1 net loss $6.3M, distributable EPS $0.21, dividend $0.47 covered

## Summary
- GAAP net loss of $6.3M ($0.04/share loss) vs $0.4M loss in Q1 2025; revenue $159.4M.
- Distributable EPS of $0.21; distributable EPS prior to realized gains/losses $0.49, covering the $0.47 dividend.
- Loan portfolio 98% performing; book value $20.20/share, including $1.80/share CECL reserves and $0.57 depreciation.
- $0.5B in Q1 investments (82% industrial/data center/bank loans); $1.0B+ in new investments closed or in closing post-quarter.
- Issued $1.0B reinvesting CLO; repriced $0.7B Term Loan B (spread -50bps); $1.0B liquidity with 16 banks.

## SEC filing metadata
- accession: 0001061630-26-000031
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061630/000106163026000031/0001061630-26-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163026000031/bxmt-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-26-000031
- JSON: https://secwatch.observer/filing/0001061630-26-000031.json
- Plain text: https://secwatch.observer/filing/0001061630-26-000031.txt

## Key facts
- Earnings Releases
  BLACKSTONE MORTGAGE TRUST, INC. reported the first quarter ended March 31, 2026 results: net income The net loss attributable to Blackstone Mortgage Trust for the quarter was $6.3 million., EPS $(0.04).
  - Period: the first quarter ended March 31, 2026
  - Net income: The net loss attributable to Blackstone Mortgage Trust for the quarter was $6.3 million.
  - EPS: $(0.04)
  - Result: reported results
  source text: Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first-quarter 2026 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $6.3 million. First-quarter EPS, Distributable EPS, Distributable EPS prior to realized gains and losses, and dividends paid per basic share were $(0.04), $0.21, $0.49, and $0.47 respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061630/000106163026000031/0001061630-26-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
