Dynex Capital (DX) Operating Expenses (2013 - 2026)
Dynex Capital's (DX) quarterly Operating Expenses came in at $16.2 million in Q2 2026, up 31.89% year-over-year from $12.3 million in Q2 2025, and down 23.71% quarter-over-quarter from $21.3 million in Q1 2026.
Analysis
Dynex Capital (DX) Operating Expenses (2013 - 2026) Analysis & Trends
Dynex Capital has disclosed Operating Expenses across 14 years of filings, most recently posting $16.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 31.89% year-over-year to $16.2 million; the TTM figure through Jun 2026 stood at $66.1 million (up 56.04% YoY), while the FY2025 annual figure was $53.0 million, up 45.34% from the prior year.
- Operating Expenses came in at $16.2 million for Q2 2026 at Dynex Capital, down from $21.3 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.
- Average Operating Expenses over 5 years is $10.8 million, with a median of $9.0 million recorded in 2023.
- Year-over-year, Operating Expenses soared 213.24% in 2022 and declined 18.31% in 2023.
- Over 5 years, Operating Expenses stood at $8.3 million in 2022, then advanced by 5.66% to $8.8 million in 2023, then advanced by 4.98% to $9.2 million in 2024, then surged by 79.96% to $16.6 million in 2025, then decreased by 2.56% to $16.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $16.2 million in Q2 2026, $21.3 million in Q1 2026, and $16.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 16.21 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 51.40 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 111.00 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 17.16 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 76.02 Mn |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 6.76 Mn |
Historic Data
Download Data
Historic 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 |