Annaly Capital Management (NLY) Change in Intangibles (2011 - 2026)
Annaly Capital Management (NLY) recorded Change in Intangibles of $130.16 million in Q2 2026, up 235.3% from $38.82 million a year earlier but down 74.0% from the prior quarter.
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Analysis
Annaly Capital Management (NLY) Change in Intangibles (2011 - 2026) Analysis & Trends
On a TTM basis, Annaly Capital Management's Change in Intangibles came in at $1.09 billion as of Jun 30, 2026, up 66.7% year-over-year; for FY2025, it was $882.83 million, up 2.3% from FY2024.
- Across earlier years, Change in Intangibles came in at $863.12 million in FY2024 (+117.5%), $396.81 million in FY2023 (-60.7%), $1.01 billion in FY2022 (+113.4%) and $473.04 million in FY2021.
- Quarterly Change in Intangibles has ranged from -$1.86 million in Q4 2023 to $515.76 million in Q1 2024 over the past five years.
- On a year-over-year basis, Change in Intangibles has increased for four consecutive quarters, with growth averaging 64.6% over the last seven quarters.
- Peak year-over-year performance for Change in Intangibles in the last five years was growth of 338.6% in Q3 2025, against a decline of 91.5% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $500.87 million (Q1 2026), $172.81 million (Q4 2025) and $284.05 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | -13.22 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | -379.00 Mn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 174.47 Mn |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 174.47 Mn |
| Jun 30, 2026 | 130.16 Mn |
| Mar 31, 2026 | 500.87 Mn |
| Dec 31, 2025 | 172.81 Mn |
| Sep 30, 2025 | 284.05 Mn |
| Jun 30, 2025 | 38.82 Mn |
| Mar 31, 2025 | 387.15 Mn |
| Dec 31, 2024 | 161.70 Mn |
| Sep 30, 2024 | 64.76 Mn |
| Jun 30, 2024 | 120.90 Mn |
| Mar 31, 2024 | 515.76 Mn |
| Dec 31, 2023 | -1.86 Mn |
| Sep 30, 2023 | 185.32 Mn |
| Jun 30, 2023 | 177.52 Mn |
| Mar 31, 2023 | 35.83 Mn |
| Dec 31, 2022 | 142.58 Mn |
| Sep 30, 2022 | 182.80 Mn |
| Jun 30, 2022 | 262.96 Mn |
| Mar 31, 2022 | 421.01 Mn |
| Dec 31, 2021 | 56.89 Mn |
API Access
Annaly Capital Management Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=NLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "NLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=NLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();