Armour Residential REIT (ARR) Operating Expenses (2010 - 2026)
Armour Residential REIT's quarterly Operating Expenses came in at $15.3 million in Q1 2026, up 3.75% year-on-year from $14.8 million in Q1 2025, and down 1.82% quarter-over-quarter from $15.6 million in Q4 2025.
Armour Residential REIT has reported Operating Expenses for 17 years, with the latest figure at $15.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 3.75% year-over-year to $15.3 million; the trailing twelve-month figure through Mar 2026 stood at $61.9 million (up 16.9% YoY), and the FY2025 full-year result was $61.3 million, up 1.82% from the prior year.
- Operating Expenses for Q1 2026 stood at $15.3 million, down from $15.6 million in the prior quarter.
- The five-year high for Operating Expenses was $22.1 million in Q1 2024, with the low at $11.2 million in Q1 2022.
- Average Operating Expenses over 5 years is $13.7 million, with a median of $12.9 million recorded in 2023.
- Year-over-year, Operating Expenses jumped 86.18% in 2024 and sank 33.03% in 2025.
- Tracing ARR's Operating Expenses over 5 years: stood at $11.6 million in 2022, then gained by 11.33% to $12.9 million in 2023, then increased by 1.96% to $13.1 million in 2024, then gained by 18.98% to $15.6 million in 2025, then decreased 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 | 15.50 Bn | 13.25 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.46 Bn | 10.79 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.34 Bn | 6.34 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.16 Bn | 4.85 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.03 Bn | 2.49 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.55 Bn | 1.77 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 1.98 Bn | 1.25 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.66 Bn | 1.38 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.31 Bn | 763.45 Mn | - | 49.45 Mn |
| 10 | Orchid Island Capital | 1.28 Bn | 602.37 Mn | - | 7.40 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 |
| Mar 31, 2021 | 10.49 Mn |
| Dec 31, 2020 | 10.05 Mn |
| Sep 30, 2020 | 10.06 Mn |
| Jun 30, 2020 | 10.78 Mn |
| Mar 31, 2020 | 9.94 Mn |
| Dec 31, 2019 | 8.63 Mn |
| Sep 30, 2019 | 10.32 Mn |
| Jun 30, 2019 | 10.01 Mn |
| Mar 31, 2019 | 9.52 Mn |
| Dec 31, 2018 | 8.85 Mn |
| Sep 30, 2018 | 9.35 Mn |
| Jun 30, 2018 | 9.35 Mn |
| Mar 31, 2018 | 9.47 Mn |
| Dec 31, 2017 | 9.31 Mn |
| Sep 30, 2017 | 8.46 Mn |
| Jun 30, 2017 | 9.36 Mn |
| Mar 31, 2017 | 8.71 Mn |
| Dec 31, 2016 | 8.65 Mn |
| Sep 30, 2016 | 9.12 Mn |
| Jun 30, 2016 | 9.59 Mn |
| Mar 31, 2016 | 10.15 Mn |
| Dec 31, 2015 | 9.21 Mn |
| Sep 30, 2015 | 9.36 Mn |
| Jun 30, 2015 | 9.25 Mn |
| Mar 31, 2015 | 9.13 Mn |
| Dec 31, 2014 | 9.28 Mn |
| Sep 30, 2014 | 8.97 Mn |
| Jun 30, 2014 | 9.46 Mn |
| Mar 31, 2014 | 9.89 Mn |
| Dec 31, 2013 | 9.53 Mn |
| Sep 30, 2013 | 9.68 Mn |
| Jun 30, 2013 | 9.30 Mn |
| Mar 31, 2013 | 8.63 Mn |
| Dec 31, 2012 | 7.67 Mn |
| Sep 30, 2012 | 7.19 Mn |
| Jun 30, 2012 | 5.68 Mn |
| Mar 31, 2012 | 4.83 Mn |
| Dec 31, 2011 | 3.31 Mn |
| Sep 30, 2011 | 2.90 Mn |
| Jun 30, 2011 | 2.13 Mn |
| Mar 31, 2011 | 1.37 Mn |
| Dec 31, 2010 | 522,433.00 |
| Sep 30, 2010 | 383,279.00 |
| Jun 30, 2010 | 493,033.00 |