Armour Residential REIT (ARR) Operating Expenses (2010 - 2026)
Armour Residential REIT's (ARR) quarterly Operating Expenses came in at $17.2 million in Q2 2026, up 7.26% year-on-year from $16.0 million in Q2 2025, and up 11.81% quarter-over-quarter from $15.3 million in Q1 2026.
Armour Residential REIT (ARR) Operating Expenses (2010 - 2026) Analysis & Trends
Armour Residential REIT's Operating Expenses history runs 17 years deep, the most recent figure standing at $17.2 million for Q2 2026.
- On a quarterly basis, Operating Expenses rose 7.26% year-over-year to $17.2 million in Q2 2026; TTM through Jun 2026 was $63.1 million, a 12.57% increase from a year earlier, with the FY2025 full-year figure at $61.3 million, up 1.82% from the prior year.
- Operating Expenses climbed to $17.2 million in Q2 2026 per ARR's latest filing, from $15.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $22.1 million in Q1 2024 and bottomed at $11.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $12.9 million (2023), against an average of $13.9 million.
- Across the five-year window, Operating Expenses jumped 86.18% in 2024 and sank 33.03% in 2025, its largest moves.
- Year by year, Operating Expenses 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 increased by 9.77% to $17.2 million in 2026.
- Per Business Quant, the three latest ARR Operating Expenses figures stand at $17.2 million (Q2 2026), $15.3 million (Q1 2026), and $15.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 110.77 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 80.37 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 21.25 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 17.16 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 49.45 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | 48.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.16 Mn |
| 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 |