Annaly Capital Management (NLY) Accumulated Expenses (2009 - 2026)
Annaly Capital Management's (NLY) quarterly Accumulated Expenses came in at $420.8 million in Q2 2026, up 64.2% YoY from $256.2 million in Q2 2025, and up 21.05% on a QoQ basis from $347.6 million in Q1 2026.
Annaly Capital Management (NLY) Accumulated Expenses (2009 - 2026) Analysis & Trends
Annaly Capital Management (NLY) has 16 years of Accumulated Expenses data on file, last reported at $420.8 million in Q2 2026.
- Quarterly Accumulated Expenses rose 64.2% year-over-year to $420.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $420.8 million (up 64.2% YoY) and the FY2025 annual result came in at $380.7 million, up 41.88% from the prior year.
- Accumulated Expenses rose to $420.8 million in Q2 2026, from $347.6 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $420.8 million in Q2 2026 to a low of $30.2 million in Q3 2022.
- A 5-year average of $250.8 million and a median of $280.7 million in 2024 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2022 — Accumulated Expenses plunged 72.4% — and 2023, when it soared 555.0%.
- Tracing NLY's Accumulated Expenses over 5 years: 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 increased by 10.53% to $420.8 million in 2026.
- The last three Accumulated Expenses figures came in at $420.8 million (Q2 2026), $347.6 million (Q1 2026), and $380.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 420.76 Mn |
| 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 |