Dynex Capital (DX) Operating Expenses (2013 - 2026)
Dynex Capital recorded quarterly Operating Expenses of $21.3 million in Q1 2026, up 27.73% quarter-over-quarter from $16.6 million in Q4 2025, and up 75.38% year-over-year from $12.1 million in Q1 2025.
Dynex Capital's Operating Expenses history runs 14 years deep, the most recent figure standing at $21.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 75.38% year-over-year to $21.3 million; the TTM figure through Mar 2026 stood at $62.2 million (up 66.65% YoY), while the FY2025 annual figure was $53.0 million, up 45.34% from the prior year.
- Operating Expenses came in at $21.3 million for Q1 2026 at Dynex Capital, up from $16.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $21.3 million in Q1 2026 to a low of $7.2 million in Q2 2024.
- A 5-year average of $10.4 million and a median of $8.8 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 213.24% in 2022 and declined 18.31% in 2023, its largest moves.
- Dynex Capital's Operating Expenses stood at $8.3 million in 2022, then climbed by 5.66% to $8.8 million in 2023, then climbed by 4.98% to $9.2 million in 2024, then soared by 79.96% to $16.6 million in 2025, then advanced by 27.73% to $21.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $21.3 million, $16.6 million, and $12.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.61 Bn | 13.35 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.52 Bn | 10.85 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.36 Bn | 6.36 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.16 Bn | 4.85 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.04 Bn | 2.49 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.57 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.00 Bn | 1.27 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.31 Bn | 763.45 Mn | - | 49.45 Mn |
| 10 | Orchid Island Capital | 1.29 Bn | 612.78 Mn | - | 7.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.25 Mn |
| Dec 31, 2025 | 16.64 Mn |
| Sep 30, 2025 | 12.00 Mn |
| Jun 30, 2025 | 12.29 Mn |
| Mar 31, 2025 | 12.12 Mn |
| Dec 31, 2024 | 9.25 Mn |
| Sep 30, 2024 | 8.71 Mn |
| Jun 30, 2024 | 7.24 Mn |
| Mar 31, 2024 | 11.30 Mn |
| Dec 31, 2023 | 8.81 Mn |
| Sep 30, 2023 | 8.64 Mn |
| Jun 30, 2023 | 7.63 Mn |
| Mar 31, 2023 | 7.80 Mn |
| Dec 31, 2022 | 8.34 Mn |
| Sep 30, 2022 | 10.58 Mn |
| Jun 30, 2022 | 7.50 Mn |
| Mar 31, 2022 | 7.43 Mn |
| Dec 31, 2021 | 2.91 Mn |
| Sep 30, 2021 | 3.57 Mn |
| Jun 30, 2021 | 2.47 Mn |
| Mar 31, 2021 | 2.37 Mn |
| Dec 31, 2020 | 2.41 Mn |
| Sep 30, 2020 | 2.39 Mn |
| Jun 30, 2020 | 2.08 Mn |
| Mar 31, 2020 | 2.46 Mn |
| Dec 31, 2019 | 5.93 Mn |
| Sep 30, 2019 | 5.73 Mn |
| Jun 30, 2019 | 6.78 Mn |
| Mar 31, 2019 | 6.01 Mn |
| Dec 31, 2018 | 5.80 Mn |
| Sep 30, 2018 | 6.22 Mn |
| Jun 30, 2018 | 6.26 Mn |
| Mar 31, 2018 | 5.32 Mn |
| Dec 31, 2017 | 5.53 Mn |
| Sep 30, 2017 | 5.13 Mn |
| Jun 30, 2017 | 6.15 Mn |
| Mar 31, 2017 | 6.32 Mn |
| Dec 31, 2016 | 5.46 Mn |
| Sep 30, 2016 | 4.97 Mn |
| Jun 30, 2016 | 5.47 Mn |
| Mar 31, 2016 | 5.97 Mn |
| Dec 31, 2015 | 6.25 Mn |
| Sep 30, 2015 | 6.43 Mn |
| Jun 30, 2015 | 7.16 Mn |
| Mar 31, 2015 | 6.40 Mn |
| Dec 31, 2014 | 6.03 Mn |
| Sep 30, 2014 | 5.48 Mn |
| Jun 30, 2014 | 5.31 Mn |
| Mar 31, 2014 | 5.69 Mn |
| Dec 31, 2013 | 1.77 Mn |
| Sep 30, 2013 | 1.35 Mn |