AGNC Investment (AGNC) Operating Expenses (2010 - 2026)
AGNC Investment's (AGNC) quarterly Operating Expenses came in at $30.0 million in Q2 2026, up 7.14% year-over-year from $28.0 million in Q2 2025, and down 11.76% quarter-over-quarter from $34.0 million in Q1 2026.
Analysis
AGNC Investment (AGNC) Operating Expenses (2010 - 2026) Analysis & Trends
AGNC Investment (AGNC) has reported Operating Expenses for 17 consecutive years, with $30.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 7.14% year-over-year to $30.0 million in Q2 2026; TTM through Jun 2026 was $135.0 million, a 14.41% increase from a year earlier, with the FY2025 full-year figure at $127.0 million, up 15.45% from the prior year.
- Operating Expenses was $30.0 million for Q2 2026 at AGNC Investment, down from $34.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $41.0 million in Q4 2025 and troughed at $14.0 million in Q4 2022.
- A 5-year average of $26.2 million and a median of $26.0 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 30.0% in 2022 and soared 100.0% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $14.0 million in 2022, then soared by 100.0% to $28.0 million in 2023, then climbed by 14.29% to $32.0 million in 2024, then climbed by 28.12% to $41.0 million in 2025, then slipped by 26.83% to $30.0 million in 2026.
- The last three Operating Expenses figures came in at $30.0 million (Q2 2026), $34.0 million (Q1 2026), and $41.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 16.21 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 51.40 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 111.00 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 17.16 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 76.02 Mn |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 6.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.00 Mn |
| Mar 31, 2026 | 34.00 Mn |
| Dec 31, 2025 | 41.00 Mn |
| Sep 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 32.00 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Dec 31, 2023 | 28.00 Mn |
| Sep 30, 2023 | 23.00 Mn |
| Jun 30, 2023 | 23.00 Mn |
| Mar 31, 2023 | 22.00 Mn |
| Dec 31, 2022 | 14.00 Mn |
| Sep 30, 2022 | 19.00 Mn |
| Jun 30, 2022 | 20.00 Mn |
| Mar 31, 2022 | 21.00 Mn |
| Dec 31, 2021 | 20.00 Mn |
| Sep 30, 2021 | 22.00 Mn |