Invesco Mortgage Capital (IVR) Operating Expenses (2010 - 2026)
Invesco Mortgage Capital (IVR) posted Operating Expenses of $4.9 million for Q1 2026, up 7.14% on a QoQ basis from $4.6 million in Q4 2025, and up 4.98% year-over-year from $4.7 million in Q1 2025.
Invesco Mortgage Capital (IVR) Operating Expenses (2010 - 2026) Analysis & Trends
Invesco Mortgage Capital's Operating Expenses history runs 17 years deep, the most recent figure standing at $4.9 million for Q1 2026.
- Quarterly Operating Expenses rose 4.98% year-over-year to $4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.8 million (down 1.2% YoY) and the FY2025 annual result came in at $18.6 million, down 2.41% from the prior year.
- Operating Expenses was $4.9 million for Q1 2026 at Invesco Mortgage Capital, up from $4.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.3 million in Q1 2022 and bottomed at $4.5 million in Q3 2025.
- A 5-year average of $5.1 million and a median of $4.9 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses grew 6.12% — and 2023, when it sank 30.56%.
- Invesco Mortgage Capital's Operating Expenses stood at $5.0 million in 2022, then retreated by 5.64% to $4.8 million in 2023, then gained by 0.65% to $4.8 million in 2024, then fell by 4.52% to $4.6 million in 2025, then advanced by 7.14% to $4.9 million in 2026.
- Business Quant data shows IVR's Operating Expenses at $4.9 million in Q1 2026, $4.6 million in Q4 2025, and $4.5 million in Q3 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 | Invesco Mortgage Capital | 669.27 Mn | 616.67 Mn | - | 4.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.89 Mn |
| Dec 31, 2025 | 4.57 Mn |
| Sep 30, 2025 | 4.47 Mn |
| Jun 30, 2025 | 4.87 Mn |
| Mar 31, 2025 | 4.66 Mn |
| Dec 31, 2024 | 4.78 Mn |
| Sep 30, 2024 | 4.69 Mn |
| Jun 30, 2024 | 4.89 Mn |
| Mar 31, 2024 | 4.66 Mn |
| Dec 31, 2023 | 4.75 Mn |
| Sep 30, 2023 | 4.78 Mn |
| Jun 30, 2023 | 5.13 Mn |
| Mar 31, 2023 | 5.07 Mn |
| Dec 31, 2022 | 5.03 Mn |
| Sep 30, 2022 | 5.85 Mn |
| Jun 30, 2022 | 7.14 Mn |
| Mar 31, 2022 | 7.30 Mn |
| Dec 31, 2021 | 7.18 Mn |
| Sep 30, 2021 | 7.57 Mn |
| Jun 30, 2021 | 7.60 Mn |