AGNC Investment (AGNCM) Operating Expenses (2010 - 2026)
AGNC Investment (AGNCM) 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% quarter-over-quarter from $41.0 million in Q4 2025.
AGNC Investment (AGNCM) Operating Expenses (2010 - 2026) Analysis & Trends
AGNC Investment (AGNCM) has 17 years of Operating Expenses data on file, last reported at $34.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $34.0 million, up 21.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $133.0 million (up 16.67% YoY), and the FY2025 annual result was $127.0 million, up 15.45% from the prior year.
- Operating Expenses fell to $34.0 million in Q1 2026 per AGNCM's latest filing, from $41.0 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 $25.9 million and a median of $24.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 30.0% in 2022, then jumped 100.0% in 2023.
- A 5-year view of Operating Expenses shows it stood at $14.0 million in 2022, then jumped by 100.0% to $28.0 million in 2023, then grew by 14.29% to $32.0 million in 2024, then grew by 28.12% to $41.0 million in 2025, then decreased by 17.07% to $34.0 million in 2026.
- Business Quant data shows AGNCM's Operating Expenses at $34.0 million in Q1 2026, $41.0 million in Q4 2025, and $30.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 49.45 Mn |
| 10 | AGNC Investment | - | - | - | 34.00 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 |