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

Annaly Capital Management posted quarterly Accumulated Expenses of $347.6 million for Q1 2026, up 21.6% year-on-year from $285.9 million in Q1 2025, and down 8.69% on a QoQ basis from $380.7 million in Q4 2025.

Annaly Capital Management (NLY) has 16 years of Accumulated Expenses data on file, last reported 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.
  • Across five years, Accumulated Expenses topped out at $380.7 million in Q4 2025 and bottomed at $30.2 million in Q3 2022.
  • The 5-year median for Accumulated Expenses is $276.4 million (2024), against an average of $240.8 million.
  • The widest annual swing landed in 2022, when Accumulated Expenses slumped 72.4%; it then soared 555.0% in 2023.
  • A 5-year view of Accumulated Expenses shows it stood at $325.3 million in 2022, then slipped by 11.48% to $287.9 million in 2023, then fell by 6.81% to $268.3 million in 2024, then jumped by 41.88% to $380.7 million in 2025, then declined 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 15.50 Bn 13.25 Bn -
2 AGNC Investment 11.46 Bn 10.79 Bn -
3 Starwood Property Trust 6.34 Bn 6.34 Bn -
4 Rithm Capital 5.16 Bn 4.85 Bn -
5 Blackstone Mortgage Trust 3.03 Bn 2.49 Bn -
6 Dynex Capital 2.55 Bn 1.77 Bn -
7 Armour Residential REIT 1.98 Bn 1.25 Bn -
8 Ellington Financial 1.66 Bn 1.38 Bn -
9 Two Harbors Investment 1.31 Bn 763.45 Mn -
10 Orchid Island Capital 1.28 Bn 602.37 Mn -

Historic Data

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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
Mar 31, 2021 100.95 Mn
Dec 31, 2020 191.12 Mn
Sep 30, 2020 155.34 Mn
Jun 30, 2020 180.94 Mn
Mar 31, 2020 261.30 Mn
Dec 31, 2019 476.34 Mn
Sep 30, 2019 565.80 Mn
Jun 30, 2019 691.33 Mn
Mar 31, 2019 424.39 Mn
Dec 31, 2018 570.93 Mn
Sep 7, 2018 22.22 Mn
Jun 30, 2018 478.44 Mn
Mar 31, 2018 284.70 Mn
Dec 31, 2017 253.07 Mn
Sep 30, 2017 231.61 Mn
Jun 30, 2017 185.72 Mn
Mar 31, 2017 182.48 Mn
Dec 31, 2016 163.01 Mn
Sep 30, 2016 173.32 Mn
Jun 30, 2016 159.44 Mn
Mar 31, 2016 163.98 Mn
Dec 31, 2015 151.84 Mn
Sep 30, 2015 145.55 Mn
Jun 30, 2015 131.63 Mn
Mar 31, 2015 155.07 Mn
Dec 31, 2014 180.50 Mn
Sep 30, 2011 128.37 Mn
Jun 30, 2011 122.75 Mn
Mar 31, 2011 113.10 Mn
Dec 31, 2010 115.77 Mn
Sep 30, 2010 113.84 Mn
Jun 30, 2010 99.37 Mn
Mar 31, 2010 88.35 Mn
Dec 31, 2009 89.46 Mn
Sep 30, 2009 97.69 Mn
Jun 30, 2009 102.66 Mn