Orchid Island Capital (ORC) Operating Expenses (2012 - 2026)
Orchid Island Capital (ORC) reported Operating Expenses of $7.4 million for Q1 2026, up 75.04% year-over-year from $4.2 million in Q1 2025, and up 27.16% on a QoQ basis from $5.8 million in Q4 2025.
Orchid Island Capital (ORC) has 15 years of Operating Expenses data on file, last reported at $7.4 million in Q1 2026.
- Quarterly Operating Expenses rose 75.04% year-over-year to $7.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.7 million (up 37.25% YoY) and the FY2025 annual result came in at $20.5 million, up 22.31% from the prior year.
- Operating Expenses climbed to $7.4 million in Q1 2026 per ORC's latest filing, from $5.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.4 million in Q1 2026 and bottomed at $3.7 million in Q1 2024.
- The 5-year median for Operating Expenses is $4.4 million (2024), against an average of $4.7 million.
- The widest annual swing landed in 2024, when Operating Expenses fell 25.3%; it then surged 75.04% in 2026.
- Tracing ORC's Operating Expenses over 5 years: stood at $4.2 million in 2022, then declined by 2.96% to $4.1 million in 2023, then climbed by 7.21% to $4.4 million in 2024, then soared by 33.51% to $5.8 million in 2025, then rose by 27.16% to $7.4 million in 2026.
- Per Business Quant, the three latest ORC Operating Expenses figures stand at $7.4 million (Q1 2026), $5.8 million (Q4 2025), and $5.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.61 Bn | 13.35 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.52 Bn | 10.85 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.36 Bn | 6.36 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.16 Bn | 4.85 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.04 Bn | 2.49 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.57 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.00 Bn | 1.27 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.31 Bn | 763.45 Mn | - | 49.45 Mn |
| 10 | Orchid Island Capital | 1.29 Bn | 612.78 Mn | - | 7.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.40 Mn |
| Dec 31, 2025 | 5.82 Mn |
| Sep 30, 2025 | 5.44 Mn |
| Jun 30, 2025 | 5.00 Mn |
| Mar 31, 2025 | 4.23 Mn |
| Dec 31, 2024 | 4.36 Mn |
| Sep 30, 2024 | 4.27 Mn |
| Jun 30, 2024 | 4.38 Mn |
| Mar 31, 2024 | 3.74 Mn |
| Dec 31, 2023 | 4.06 Mn |
| Sep 30, 2023 | 4.64 Mn |
| Jun 30, 2023 | 4.82 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 4.19 Mn |
| Sep 30, 2022 | 4.33 Mn |
| Jun 30, 2022 | 4.55 Mn |
| Mar 31, 2022 | 4.38 Mn |
| Dec 31, 2021 | 4.43 Mn |
| Sep 30, 2021 | 3.74 Mn |
| Jun 30, 2021 | 4.07 Mn |
| Mar 31, 2021 | 3.59 Mn |
| Dec 31, 2020 | 2.96 Mn |
| Sep 30, 2020 | 3.02 Mn |
| Jun 30, 2020 | 2.90 Mn |
| Mar 31, 2020 | 2.27 Mn |
| Dec 31, 2019 | 2.77 Mn |
| Sep 30, 2019 | 2.69 Mn |
| Jun 30, 2019 | 2.92 Mn |
| Mar 31, 2019 | 2.26 Mn |
| Dec 31, 2018 | 3.02 Mn |
| Sep 30, 2018 | 3.04 Mn |
| Jun 30, 2018 | 3.07 Mn |
| Mar 31, 2018 | 3.16 Mn |
| Dec 31, 2017 | 3.04 Mn |
| Sep 30, 2017 | 2.96 Mn |
| Jun 30, 2017 | 3.00 Mn |
| Mar 31, 2017 | 2.48 Mn |
| Dec 31, 2016 | 2.56 Mn |
| Sep 30, 2016 | 2.33 Mn |
| Jun 30, 2016 | 2.22 Mn |
| Mar 31, 2016 | 2.25 Mn |
| Dec 31, 2015 | 2.17 Mn |
| Sep 30, 2015 | 2.12 Mn |
| Jun 30, 2015 | 2.10 Mn |
| Mar 31, 2015 | 1.78 Mn |
| Dec 31, 2014 | 1.31 Mn |
| Sep 30, 2014 | 1.66 Mn |
| Jun 30, 2014 | 1.20 Mn |
| Mar 31, 2014 | 565,000.00 |
| Dec 31, 2013 | 434,642.00 |
| Sep 30, 2013 | 432,483.00 |
| Jun 30, 2013 | 491,872.00 |
| Mar 31, 2013 | 421,224.00 |
| Dec 31, 2012 | 213,472.00 |
| Sep 30, 2012 | 282,406.00 |
| Jun 30, 2012 | 178,520.00 |
| Mar 31, 2012 | 187,602.00 |