Annaly Capital Management (NLY-PF) Accumulated Expenses (2009 - 2026)

Annaly Capital Management (NLY-PF) reported Accumulated Expenses of $347.6 million for Q1 2026, up 21.6% on a YoY basis from $285.9 million in Q1 2025, and down 8.69% quarter-over-quarter from $380.7 million in Q4 2025.

Annaly Capital Management (NLY-PF) Accumulated Expenses (2009 - 2026) Analysis & Trends

Annaly Capital Management has reported Accumulated Expenses for 16 years, with the latest figure at $347.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Accumulated Expenses rose 21.6% year-over-year to $347.6 million; the trailing twelve-month figure through Mar 2026 stood at $347.6 million (up 21.6% YoY), and the FY2025 full-year result was $380.7 million, up 41.88% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $347.6 million, down from $380.7 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $380.7 million in Q4 2025, with the low at $30.2 million in Q3 2022.
  • Historically, Accumulated Expenses has averaged $240.8 million across 5 years, with a median of $276.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses plunged 72.4% — and 2023, when it soared 555.0%.
  • Annaly Capital Management's Accumulated Expenses stood at $325.3 million in 2022, then decreased by 11.48% to $287.9 million in 2023, then declined by 6.81% to $268.3 million in 2024, then soared by 41.88% to $380.7 million in 2025, then dropped by 8.69% to $347.6 million in 2026.
  • The last three Accumulated Expenses figures came in at $347.6 million (Q1 2026), $380.7 million (Q4 2025), and $285.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn -
2 AGNC Investment 11.42 Bn 10.75 Bn -
3 Starwood Property Trust 6.25 Bn 6.25 Bn -
4 Rithm Capital 5.08 Bn 4.78 Bn -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn -
6 Dynex Capital 2.58 Bn 1.80 Bn -
7 Armour Residential REIT 2.05 Bn 1.32 Bn -
8 Ellington Financial 1.67 Bn 1.39 Bn -
9 Two Harbors Investment 1.29 Bn 746.67 Mn -
10 Annaly Capital Management - - -

Historic Data

Download Data
DateValue
Mar 31, 2026 347.61 Mn
Dec 31, 2025 380.69 Mn
Sep 30, 2025 285.08 Mn
Jun 30, 2025 256.25 Mn
Mar 31, 2025 285.86 Mn
Dec 31, 2024 268.32 Mn
Sep 30, 2024 276.40 Mn
Jun 30, 2024 369.11 Mn
Mar 31, 2024 350.41 Mn
Dec 31, 2023 287.94 Mn
Sep 30, 2023 198.08 Mn
Jun 30, 2023 140.62 Mn
Mar 31, 2023 118.40 Mn
Dec 31, 2022 325.28 Mn
Sep 30, 2022 30.24 Mn
Jun 30, 2022 91.96 Mn
Mar 31, 2022 80.87 Mn
Dec 31, 2021 91.18 Mn
Sep 30, 2021 109.59 Mn
Jun 30, 2021 173.72 Mn