Armour Residential REIT (ARR-PC) Operating Expenses (2010 - 2026)
Armour Residential REIT (ARR-PC) recorded quarterly Operating Expenses of $15.3 million in Q1 2026, down 1.82% quarter-over-quarter from $15.6 million in Q4 2025, and up 3.75% on a YoY basis from $14.8 million in Q1 2025.
Armour Residential REIT (ARR-PC) Operating Expenses (2010 - 2026) Analysis & Trends
Armour Residential REIT's Operating Expenses history runs 17 years deep, the most recent figure standing at $15.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.75% year-over-year to $15.3 million; the TTM figure through Mar 2026 stood at $61.9 million (up 16.9% YoY), while the FY2025 annual figure was $61.3 million, up 1.82% from the prior year.
- Operating Expenses was $15.3 million for Q1 2026 at Armour Residential REIT, down from $15.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $22.1 million in Q1 2024 to a low of $11.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $13.7 million across 5 years, with a median of $12.9 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 86.18% in 2024, then sank 33.03% in 2025.
- A 5-year view of Operating Expenses shows it stood at $11.6 million in 2022, then rose by 11.33% to $12.9 million in 2023, then grew by 1.96% to $13.1 million in 2024, then rose by 18.98% to $15.6 million in 2025, then retreated by 1.82% to $15.3 million in 2026.
- The last three Operating Expenses figures came in at $15.3 million (Q1 2026), $15.6 million (Q4 2025), and $14.9 million (Q3 2025), per Business Quant data.
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 | Armour Residential REIT | - | - | - | 15.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.35 Mn |
| Dec 31, 2025 | 15.63 Mn |
| Sep 30, 2025 | 14.93 Mn |
| Jun 30, 2025 | 16.00 Mn |
| Mar 31, 2025 | 14.79 Mn |
| Dec 31, 2024 | 13.14 Mn |
| Sep 30, 2024 | 12.10 Mn |
| Jun 30, 2024 | 12.93 Mn |
| Mar 31, 2024 | 22.09 Mn |
| Dec 31, 2023 | 12.89 Mn |
| Sep 30, 2023 | 12.71 Mn |
| Jun 30, 2023 | 12.69 Mn |
| Mar 31, 2023 | 11.86 Mn |
| Dec 31, 2022 | 11.58 Mn |
| Sep 30, 2022 | 11.53 Mn |
| Jun 30, 2022 | 11.35 Mn |
| Mar 31, 2022 | 11.18 Mn |
| Dec 31, 2021 | 11.27 Mn |
| Sep 30, 2021 | 11.02 Mn |
| Jun 30, 2021 | 10.74 Mn |