Mfa Financial (MFA) Operating Expenses (2009 - 2026)
Mfa Financial (MFA) posted Operating Expenses of $44.5 million for Q1 2026, up 28.44% sequentially from $34.7 million in Q4 2025, and up 7.05% YoY from $41.6 million in Q1 2025.
Mfa Financial (MFA) Operating Expenses (2009 - 2026) Analysis & Trends
Mfa Financial has reported Operating Expenses for 18 years, with the latest figure at $44.5 million in Q1 2026.
- Quarterly Operating Expenses rose 7.05% year-over-year to $44.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $158.0 million (down 5.23% YoY) and the FY2025 annual result came in at $155.1 million, down 9.01% from the prior year.
- Operating Expenses climbed to $44.5 million in Q1 2026 per MFA's latest filing, from $34.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $46.1 million in Q2 2022 and troughed at $34.2 million in Q4 2022.
- A 5-year average of $41.4 million and a median of $42.0 million in 2022 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 102.44% in 2022, down 17.39% in 2022.
- Over 5 years, Operating Expenses stood at $34.2 million in 2022, then rose by 19.08% to $40.8 million in 2023, then retreated by 2.19% to $39.9 million in 2024, then declined by 13.02% to $34.7 million in 2025, then grew by 28.44% to $44.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $44.5 million, $34.7 million, and $39.5 million for Q1 2026, Q4 2025, and Q3 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 | Mfa Financial | 936.18 Mn | 767.15 Mn | - | 41.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.52 Mn |
| Mar 31, 2026 | 44.53 Mn |
| Dec 31, 2025 | 34.67 Mn |
| Sep 30, 2025 | 39.47 Mn |
| Jun 30, 2025 | 39.31 Mn |
| Mar 31, 2025 | 41.60 Mn |
| Dec 31, 2024 | 39.86 Mn |
| Sep 30, 2024 | 43.15 Mn |
| Jun 30, 2024 | 42.10 Mn |
| Mar 31, 2024 | 45.31 Mn |
| Dec 31, 2023 | 40.75 Mn |
| Sep 30, 2023 | 43.92 Mn |
| Jun 30, 2023 | 42.19 Mn |
| Mar 31, 2023 | 41.70 Mn |
| Dec 31, 2022 | 34.22 Mn |
| Sep 30, 2022 | 42.53 Mn |
| Jun 30, 2022 | 46.10 Mn |
| Mar 31, 2022 | 41.95 Mn |
| Dec 31, 2021 | 41.43 Mn |
| Sep 30, 2021 | 33.46 Mn |