AGNC Investment (AGNC) Operating Expenses (2010 - 2026)
AGNC Investment (AGNC) reported Operating Expenses of $34.0 million for Q1 2026, up 21.43% year-over-year from $28.0 million in Q1 2025, and down 17.07% on a QoQ basis from $41.0 million in Q4 2025.
AGNC Investment (AGNC) has 17 years of Operating Expenses data on file, last reported at $34.0 million in Q1 2026.
- Quarterly Operating Expenses rose 21.43% year-over-year to $34.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $133.0 million (up 16.67% YoY) and the FY2025 annual result came in at $127.0 million, up 15.45% from the prior year.
- Operating Expenses retreated to $34.0 million in Q1 2026 per AGNC's latest filing, from $41.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $41.0 million in Q4 2025 and bottomed at $14.0 million in Q4 2022.
- The 5-year median for Operating Expenses is $24.0 million (2024), against an average of $25.9 million.
- The widest annual swing landed in 2022, when Operating Expenses plunged 30.0%; it then surged 100.0% in 2023.
- Tracing AGNC's Operating Expenses over 5 years: stood at $14.0 million in 2022, then surged by 100.0% to $28.0 million in 2023, then advanced by 14.29% to $32.0 million in 2024, then advanced by 28.12% to $41.0 million in 2025, then fell by 17.07% to $34.0 million in 2026.
- Per Business Quant, the three latest AGNC Operating Expenses figures stand at $34.0 million (Q1 2026), $41.0 million (Q4 2025), and $30.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.61 Bn | 13.35 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.52 Bn | 10.85 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.36 Bn | 6.36 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.16 Bn | 4.85 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.04 Bn | 2.49 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.57 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.00 Bn | 1.27 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.31 Bn | 763.45 Mn | - | 49.45 Mn |
| 10 | Orchid Island Capital | 1.29 Bn | 612.78 Mn | - | 7.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 22.00 Mn |
| Mar 31, 2021 | 24.00 Mn |
| Dec 31, 2020 | 25.00 Mn |
| Sep 30, 2020 | 21.00 Mn |
| Jun 30, 2020 | 24.00 Mn |
| Mar 31, 2020 | 23.00 Mn |
| Dec 31, 2019 | 25.00 Mn |
| Sep 30, 2019 | 19.00 Mn |
| Jun 30, 2019 | 20.00 Mn |
| Mar 31, 2019 | 19.00 Mn |
| Dec 31, 2018 | 19.00 Mn |
| Sep 30, 2018 | 45.00 Mn |
| Jun 30, 2018 | 18.00 Mn |
| Mar 31, 2018 | 18.00 Mn |
| Dec 31, 2017 | 21.00 Mn |
| Sep 30, 2017 | 18.00 Mn |
| Jun 30, 2017 | 16.00 Mn |
| Mar 31, 2017 | 18.00 Mn |
| Dec 31, 2016 | 17.00 Mn |
| Sep 30, 2016 | 15.00 Mn |
| Jun 30, 2016 | 40.00 Mn |
| Mar 31, 2016 | 33.00 Mn |
| Dec 31, 2015 | 33.00 Mn |
| Sep 30, 2015 | 34.00 Mn |
| Jun 30, 2015 | 36.00 Mn |
| Mar 31, 2015 | 36.00 Mn |
| Dec 31, 2014 | 35.00 Mn |
| Sep 30, 2014 | 35.00 Mn |
| Jun 30, 2014 | 36.00 Mn |
| Mar 31, 2014 | 35.00 Mn |
| Dec 31, 2013 | 37.00 Mn |
| Sep 30, 2013 | 42.00 Mn |
| Jun 30, 2013 | 46.00 Mn |
| Mar 31, 2013 | 42.00 Mn |
| Dec 31, 2012 | 40.00 Mn |
| Sep 30, 2012 | 40.00 Mn |
| Jun 30, 2012 | 36.00 Mn |
| Mar 31, 2012 | 28.00 Mn |
| Dec 31, 2011 | 24.00 Mn |
| Sep 30, 2011 | 22.00 Mn |
| Jun 30, 2011 | 17.00 Mn |
| Mar 31, 2011 | 11.00 Mn |
| Dec 31, 2010 | 6.62 Mn |
| Sep 30, 2010 | 4.62 Mn |
| Jun 30, 2010 | 4.10 Mn |
| Mar 31, 2010 | 3.47 Mn |