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
DateValue
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