Invesco Mortgage Capital (IVR) Operating Expenses (2010 - 2026)
Invesco Mortgage Capital's (IVR) quarterly Operating Expenses came in at $4.9 million in Q1 2026, up 4.98% YoY from $4.7 million in Q1 2025, and up 7.14% on a QoQ basis from $4.6 million in Q4 2025.
Invesco Mortgage Capital (IVR) Operating Expenses (2010 - 2026) Analysis & Trends
Invesco Mortgage Capital (IVR) has 17 years of Operating Expenses data on file, last reported at $4.9 million in 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 climbed to $4.9 million in Q1 2026, from $4.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.3 million in Q1 2022 to a low of $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 gained 6.12% — and 2023, when it slumped 30.56%.
- Tracing IVR's Operating Expenses over 5 years: stood at $5.0 million in 2022, then declined by 5.64% to $4.8 million in 2023, then increased by 0.65% to $4.8 million in 2024, then dropped by 4.52% to $4.6 million in 2025, then rose by 7.14% to $4.9 million in 2026.
- The last three Operating Expenses figures came in at $4.9 million (Q1 2026), $4.6 million (Q4 2025), and $4.5 million (Q3 2025), per Business Quant data.
Powered by 
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 | Invesco Mortgage Capital | 709.41 Mn | 636.03 Mn | - | 5.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.45 Mn |
| 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 |