Dynex Capital (DX) Operating Expenses (2013 - 2026)
Dynex Capital (DX) posted Operating Expenses of $16.2 million for Q2 2026, down 23.71% sequentially from $21.3 million in Q1 2026, and up 31.89% YoY from $12.3 million in Q2 2025.
Dynex Capital (DX) Operating Expenses (2013 - 2026) Analysis & Trends
Dynex Capital has reported Operating Expenses for 14 years, with the latest figure at $16.2 million in Q2 2026.
- Quarterly Operating Expenses rose 31.89% year-over-year to $16.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $66.1 million (up 56.04% YoY) and the FY2025 annual result came in at $53.0 million, up 45.34% from the prior year.
- Operating Expenses fell to $16.2 million in Q2 2026 per DX's latest filing, from $21.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.3 million in Q1 2026 and troughed at $7.2 million in Q2 2024.
- A 5-year average of $10.8 million and a median of $9.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 213.24% in 2022, then fell 18.31% in 2023.
- Over 5 years, Operating Expenses stood at $8.3 million in 2022, then grew by 5.66% to $8.8 million in 2023, then grew by 4.98% to $9.2 million in 2024, then jumped by 79.96% to $16.6 million in 2025, then dropped by 2.56% to $16.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $16.2 million, $21.3 million, and $16.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 16.21 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 111.00 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 17.16 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 76.02 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 6.76 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | 51.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.21 Mn |
| 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 |