Operating Expenses

Expenses, After Fees Waived

ARMOUR Residential REIT Expenses, After Fees Waived increased by 9.8% to $15.35M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $13.14M to $15.35M. Over 4 years (FY 2021 to FY 2025), Expenses, After Fees Waived shows an upward trend with a 11.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026Apr 22, 2026

How to read this metric

Lower values indicate higher operational efficiency and better cost management relative to the size of the investment portfolio.

Detailed definition

The total operating expenses incurred by the entity after accounting for any contractual fee waivers or reimbursements f...

Peer comparison

Standardized across mortgage REITs to compare the 'all-in' cost of management and administration.

Metric ID: operating_expenses_expenses_after_fees_waived

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.64M$8.92M$9.27M$9.23M$9.40M$9.58M$9.63M$10.21M$11.04M$11.06M$11.24M$20.44M$11.28M$10.45M$11.49M$13.14M$14.35M$13.28M$13.98M$15.35M
QoQ Change+3.2%+4.0%-0.5%+1.9%+1.8%+0.5%+6.1%+8.1%+0.2%+1.6%+81.9%-44.8%-7.4%+10.0%+14.4%+9.2%-7.5%+5.3%+9.8%
YoY Change+8.9%+7.4%+3.8%+10.7%+17.4%+15.5%+16.7%+100.1%+2.2%-5.6%+2.2%-35.7%+27.2%+27.1%+21.7%+16.8%
Range$8.64M$20.44M
CAGR+12.9%
Avg YoY Growth+14.8%
Median YoY Growth+13.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is ARMOUR Residential REIT's expenses, after fees waived?
ARMOUR Residential REIT (ARR) reported expenses, after fees waived of $15.35M in Q1 2026.
How has ARMOUR Residential REIT's expenses, after fees waived changed year-over-year?
ARMOUR Residential REIT's expenses, after fees waived increased by 16.8% year-over-year, from $13.14M to $15.35M.
What is the long-term trend for ARMOUR Residential REIT's expenses, after fees waived?
Over 4 years (2021 to 2025), ARMOUR Residential REIT's expenses, after fees waived has grown at a 11.9% compound annual growth rate (CAGR), from $34.92M to $54.75M.
What does expenses, after fees waived mean?
The total operating costs of the company after subtracting any waived management fees.