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

Annaly Capital Management's Operating Expenses history runs 17 years deep, the most recent figure standing at $63.7 million for Q1 2026.

• Quarterly Operating Expenses rose 8.35% year-over-year to $63.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $252.6 million (up 13.42% YoY) and the FY2025 annual result came in at $247.7 million, up 16.67% from the prior year.
• Operating Expenses was $63.7 million for Q1 2026 at Annaly Capital Management, up from $63.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $63.7 million in Q1 2026 and bottomed at $48.1 million in Q3 2022.
• A 5-year average of $55.4 million and a median of $55.2 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses sank 33.59% — and 2025, when it rose 21.5%.
• Annaly Capital Management's Operating Expenses stood at $56.3 million in 2022, then retreated by 14.2% to $48.3 million in 2023, then increased by 11.79% to $54.0 million in 2024, then gained by 16.93% to $63.1 million in 2025, then grew by 0.96% to $63.7 million in 2026.
• Business Quant data shows NLY's Operating Expenses at $63.7 million in Q1 2026, $63.1 million in Q4 2025, and $62.3 million in Q3 2025.