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% quarter-over-quarter from $5.8 million in Q4 2025.

Orchid Island Capital (ORC) Operating Expenses (2012 - 2026) Analysis & Trends

Orchid Island Capital (ORC) has 15 years of Operating Expenses data on file, last reported at $7.4 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $7.4 million, up 75.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.7 million (up 37.25% YoY), and the FY2025 annual result was $20.5 million, up 22.31% from the prior year.
  • Operating Expenses advanced to $7.4 million in Q1 2026 per ORC's latest filing, from $5.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $7.4 million in Q1 2026 and troughed at $3.7 million in Q1 2024.
  • A 5-year average of $4.7 million and a median of $4.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses decreased 25.3% in 2024, then jumped 75.04% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $4.2 million in 2022, then retreated by 2.96% to $4.1 million in 2023, then increased by 7.21% to $4.4 million in 2024, then surged by 33.51% to $5.8 million in 2025, then advanced by 27.16% to $7.4 million in 2026.
  • Business Quant data shows ORC's Operating Expenses at $7.4 million in Q1 2026, $5.8 million in Q4 2025, and $5.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 16.03 Bn 13.77 Bn - 63.74 Mn
2 AGNC Investment 11.65 Bn 10.98 Bn - 34.00 Mn
3 Starwood Property Trust 6.12 Bn 6.12 Bn - 480.31 Mn
4 Rithm Capital 5.12 Bn 4.81 Bn - 1.24 Bn
5 Blackstone Mortgage Trust 3.06 Bn 2.51 Bn - 110.77 Mn
6 Dynex Capital 2.62 Bn 1.84 Bn - 21.25 Mn
7 Armour Residential REIT 2.01 Bn 1.28 Bn - 15.35 Mn
8 Ellington Financial 1.65 Bn 1.37 Bn - 80.37 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 49.45 Mn
10 Orchid Island Capital 1.27 Bn 589.12 Mn - 7.40 Mn

Historic Data

Download Data
DateValue
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