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

Annaly Capital Management posted quarterly Interest Expenses of $1.3 billion for Q1 2026, up 15.96% year-on-year from $1.1 billion in Q1 2025, and down 3.92% on a QoQ basis from $1.3 billion in Q4 2025.

Annaly Capital Management (NLY) has 17 years of Interest Expenses data on file, last reported at $1.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 15.96% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $5.0 billion (up 8.94% YoY), and the FY2025 full-year result was $4.8 billion, up 5.04% from the prior year.
  • Interest Expenses for Q1 2026 stood at $1.3 billion, down from $1.3 billion in the prior quarter.
  • Across five years, Interest Expenses topped out at $1.3 billion in Q4 2025 and bottomed at $74.9 million in Q1 2022.
  • The 5-year median for Interest Expenses is $1.1 billion (2025), against an average of $931.8 million.
  • Peak annual rise in Interest Expenses reached 974.45% in 2022, while the deepest fall reached 1.38% in 2022.
  • A 5-year view of Interest Expenses shows it stood at $663.8 million in 2022, then soared by 57.25% to $1.0 billion in 2023, then gained by 10.32% to $1.2 billion in 2024, then gained by 14.98% to $1.3 billion in 2025, then dropped by 3.92% to $1.3 billion in 2026.
  • The last three Interest Expenses figures came in at $1.3 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Annaly Capital Management 15.50 Bn 13.25 Bn - 1.27 Bn
2 AGNC Investment 11.46 Bn 10.79 Bn - 731.00 Mn
3 Starwood Property Trust 6.34 Bn 6.34 Bn - 328.91 Mn
4 Rithm Capital 5.16 Bn 4.85 Bn - -
5 Blackstone Mortgage Trust 3.03 Bn 2.49 Bn - 220.74 Mn
6 Dynex Capital 2.55 Bn 1.77 Bn - 178.14 Mn
7 Armour Residential REIT 1.98 Bn 1.25 Bn - -
8 Ellington Financial 1.66 Bn 1.38 Bn - 88.25 Mn
9 Two Harbors Investment 1.31 Bn 763.45 Mn - 95.16 Mn
10 Orchid Island Capital 1.28 Bn 602.37 Mn - 100.78 Mn

Historic Data

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DateValue
Mar 31, 2026 1.27 Bn
Mar 31, 2026 1.27 Bn
Dec 31, 2025 1.32 Bn
Dec 31, 2025 1.32 Bn
Sep 30, 2025 1.26 Bn
Sep 30, 2025 1.26 Bn
Jun 30, 2025 1.15 Bn
Jun 30, 2025 1.15 Bn
Mar 31, 2025 1.10 Bn
Mar 31, 2025 1.10 Bn
Dec 31, 2024 1.15 Bn
Dec 31, 2024 1.15 Bn
Sep 30, 2024 1.22 Bn
Sep 30, 2024 1.22 Bn
Jun 30, 2024 1.12 Bn
Jun 30, 2024 1.12 Bn
Mar 31, 2024 1.10 Bn
Mar 31, 2024 1.10 Bn
Dec 31, 2023 1.04 Bn
Dec 31, 2023 1.04 Bn
Sep 30, 2023 1.05 Bn
Sep 30, 2023 1.05 Bn
Jun 30, 2023 953.46 Mn
Jun 30, 2023 953.46 Mn
Mar 31, 2023 798.79 Mn
Mar 31, 2023 798.79 Mn
Dec 31, 2022 663.85 Mn
Dec 31, 2022 663.85 Mn
Sep 30, 2022 400.49 Mn
Sep 30, 2022 400.49 Mn
Jun 30, 2022 170.48 Mn
Jun 30, 2022 170.48 Mn
Mar 31, 2022 74.92 Mn
Mar 31, 2022 74.92 Mn
Dec 31, 2021 61.79 Mn
Dec 31, 2021 61.79 Mn
Sep 30, 2021 50.44 Mn
Sep 30, 2021 50.44 Mn
Jun 30, 2021 61.05 Mn
Jun 30, 2021 61.05 Mn
Mar 31, 2021 75.97 Mn
Mar 31, 2021 75.97 Mn
Dec 31, 2020 94.48 Mn
Dec 31, 2020 94.48 Mn
Sep 30, 2020 115.13 Mn
Sep 30, 2020 115.13 Mn
Jun 30, 2020 186.03 Mn
Jun 30, 2020 186.03 Mn
Mar 31, 2020 503.47 Mn
Mar 31, 2020 503.47 Mn
Dec 31, 2019 620.06 Mn
Dec 31, 2019 620.06 Mn
Sep 30, 2019 766.91 Mn
Sep 30, 2019 766.91 Mn
Jun 30, 2019 750.22 Mn
Jun 30, 2019 750.22 Mn
Mar 31, 2019 647.70 Mn
Mar 31, 2019 647.70 Mn
Dec 31, 2018 586.77 Mn
Dec 31, 2018 586.77 Mn
Jun 30, 2018 442.69 Mn
Jun 30, 2018 442.69 Mn
Mar 31, 2018 367.42 Mn
Mar 31, 2018 367.42 Mn
Dec 31, 2017 318.71 Mn
Dec 31, 2017 318.71 Mn
Sep 30, 2017 268.94 Mn
Sep 30, 2017 268.94 Mn
Jun 30, 2017 222.28 Mn
Jun 30, 2017 222.28 Mn
Mar 31, 2017 198.43 Mn
Mar 31, 2017 198.43 Mn
Dec 31, 2016 183.40 Mn
Dec 31, 2016 183.40 Mn
Sep 30, 2016 174.15 Mn
Sep 30, 2016 174.15 Mn
Jun 30, 2016 152.76 Mn
Jun 30, 2016 152.76 Mn
Mar 31, 2016 147.45 Mn
Mar 31, 2016 147.45 Mn
Dec 31, 2015 118.81 Mn
Dec 31, 2015 118.81 Mn
Sep 30, 2015 110.30 Mn
Sep 30, 2015 110.30 Mn
Jun 30, 2015 113.07 Mn
Jun 30, 2015 113.07 Mn
Mar 31, 2015 129.42 Mn
Mar 31, 2015 129.42 Mn
Sep 30, 2013 145.48 Mn
Sep 30, 2013 145.48 Mn
Jun 30, 2013 164.26 Mn
Jun 30, 2013 164.26 Mn
Mar 31, 2013 177.59 Mn
Mar 31, 2013 177.59 Mn
Dec 31, 2012 185.49 Mn
Dec 31, 2012 185.49 Mn
Sep 30, 2012 181.89 Mn
Sep 30, 2012 181.89 Mn
Jun 30, 2012 166.44 Mn
Jun 30, 2012 166.44 Mn
Mar 31, 2012 133.35 Mn
Mar 31, 2012 133.35 Mn
Dec 31, 2011 130.13 Mn
Dec 31, 2011 130.13 Mn
Sep 30, 2011 121.42 Mn
Sep 30, 2011 121.42 Mn
Jun 30, 2011 113.32 Mn
Jun 30, 2011 113.32 Mn
Mar 31, 2011 115.46 Mn
Mar 31, 2011 115.46 Mn
Dec 31, 2010 113.92 Mn
Dec 31, 2010 113.92 Mn
Sep 30, 2010 113.93 Mn
Sep 30, 2010 113.93 Mn
Jun 30, 2010 104.71 Mn
Jun 30, 2010 104.71 Mn
Mar 31, 2010 95.67 Mn
Mar 31, 2010 95.67 Mn
Dec 31, 2009 286.76 Mn
Dec 31, 2009 286.76 Mn
Sep 30, 2009 307.78 Mn
Sep 30, 2009 307.78 Mn
Jun 30, 2009 322.60 Mn
Jun 30, 2009 322.60 Mn
Mar 31, 2009 378.63 Mn
Mar 31, 2009 378.63 Mn