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
DateValue
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