Income StatementBalance SheetCash FlowSegments
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ARMOUR Residential REIT Income Statement

Revenue, expenses, and profitability over time

ARMOUR Residential REIT generated $192.7M in trailing twelve-month revenue, up 2.3% year-over-year. Net income was $240.5M with a 124.8% net margin. Diluted EPS is $2.20, which grew 5.5% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$192.7MNet Income (TTM)$240.5MEps Diluted (TTM)$2.20
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$2.1B
P/E Ratio8.82
ROE11.9%

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share$0.7$0.7$0.7$0.7$0.7$0.7
Dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Reclassifications Net of Tax-$49.4M$24.3M-$78.6M$156.3M$208.7M-$58.0M
Dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends declared (in dollars per share)$0.7$0.7$0.7$0.7$0.7$0.7
Interest Income (Expense), Operating$12.7M$36.3M$33.1M$38.5M$50.4M$70.7M
Management fees$10.2M$10.8M$11.1M$11.7M$11.9M$12.2M
Other income, net-$1.9M-$3.2M-$4.1M-$2.3M-$2.8M-$2.2M
Other Operating Income (Loss)—$4.1M-$94.4M$134.0M$175.3M-$110.2M
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net-$1.9M-$3.2M-$4.1M-$2.3M-$2.8M-$2.2M
Compensation and benefits$1.0M$811.0K$888.0K$926.0K$935.0K$953.0K
Other operating income (expense), net-$1.9M-$3.2M-$4.1M-$2.3M-$2.8M-$2.2M
Expenses, After Fees Waived$11.5M$13.1M$14.3M$13.3M$14.0M$15.3M
Management fees waived$1.7M$1.7M$1.7M$1.7M$1.7M$0.0
Other operating expenses$13.1M$14.8M$16.0M$14.9M$15.6M$15.3M
Total operating expenses$13.1M$14.8M$16.0M$14.9M$15.6M$15.3M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income-$1.9M-$3.2M-$4.1M-$2.3M-$2.8M-$2.2M
Other operating income (expense), net-$1.9M-$3.2M-$4.1M-$2.3M-$2.8M-$2.2M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share (Declared)$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Basic earnings per share$-0.97$0.32$-0.94$1.50$2.15$-0.49
Diluted earnings per share$-0.97$0.32$-0.94$1.49$2.14$-0.49
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common stock dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Dividends per share declared$0.72$0.72$0.72$0.72$0.72$0.72
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common stock dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common Stock Dividends Per Share Declared$0.7$0.7$0.7$0.7$0.7$0.7
Common stock dividends per share declared$0.7$0.7$0.7$0.7$0.7$0.7
Weighted-average shares, basic2.4M75.2M83.8M104.3M6.1M119.6M
Weighted-average shares, diluted2.2M75.4M83.8M104.6M6.1M119.6M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders-$49.4M$24.3M-$78.6M$156.3M$208.7M-$58.0M
Common Dividends Declared (Per Share)$0.7$0.7$0.7$0.7$0.7$0.7
Net earnings to common-$49.4M$24.3M-$78.6M$156.3M$208.7M-$58.0M
Net Income Available to Common Shareholders-$49.4M$24.3M-$78.6M$156.3M$208.7M-$58.0M
Net income-$46.4M$27.3M-$75.6M$159.3M$211.7M-$54.9M
Preferred stock dividends$3.0M$3.0M$3.0M$3.0M$3.0M$3.2M
Net income attributable to common stock-$49.4M$24.3M-$78.6M$156.3M$208.7M-$58.0M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net investment gains (losses)$3.8M-$191.2M-$108.0M-$49.3M$348.5M$83.0M
Interest Expense, Repurchase Agreements$139.8M$136.5M$147.8M$171.7M$186.1M$178.5M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net interest income$12.7M$36.3M$33.1M$38.5M$50.4M$70.7M
Total revenue$12.7M$36.3M$33.1M$38.5M$50.4M$70.7M
Interest Income from Operating Debt Securities$152.5M$172.9M$180.9M$210.2M$236.5M$249.2M