Income Before Tax

Pre-Tax Income

Annaly Capital Management Pre-Tax Income decreased by 71.4% to $289.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 108.6%, from $138.57M to $289.00M. Over 3 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -5.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Higher values indicate stronger overall profitability and operational efficiency before tax impacts.

Detailed definition

Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...

Peer comparison

A standard GAAP metric used universally to compare pre-tax performance across different industries.

Metric ID: income_before_tax

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$289.71M$514.77M$425.09M$2.05B$886.74M-$278.29M-$828.30M$175.46M-$556.69M-$389.50M$464.23M$3.10M$76.22M$483.48M$138.57M$60.81M$835.24M$1.01B$289.00M
QoQ Change+277.7%-17.4%+382.4%-56.8%-131.4%-197.6%+121.2%-417.3%+30.0%+219.2%-99.3%>999%+534.4%-71.3%-56.1%>999%+20.9%-71.4%
YoY Change+406.1%-154.1%-140.4%-80.2%-100.0%+156.0%-98.2%+113.7%+224.1%-70.2%>999%+995.9%+108.9%+108.6%
Range-$828.30M$2.05B
CAGR-0.1%
Avg YoY Growth+238.1%
Median YoY Growth+108.7%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Residential Credit$97.04M$90.41M$29.05M$85.26M$75.13M$109.93M$56.23M$250.29M
MSR$121.72M$66.75M$100.07M$113.97M$78.48M$70.92M$116.82M$69.67M
Agency-$209.76M-$78.39M$357.58M-$53.29M-$87.45M$659.03M$844.15M-$23.82M
Total$3.10M$76.22M$483.48M$138.57M$60.81M$835.24M$1.01B$289.00M

Frequently Asked Questions

What is Annaly Capital Management's pre-tax income?
Annaly Capital Management (NLY) reported pre-tax income of $289.00M in Q1 2026.
How has Annaly Capital Management's pre-tax income changed year-over-year?
Annaly Capital Management's pre-tax income increased by 108.6% year-over-year, from $138.57M to $289.00M.
What is the long-term trend for Annaly Capital Management's pre-tax income?
Over 3 years (2021 to 2025), Annaly Capital Management's pre-tax income has grown at a -5.2% compound annual growth rate (CAGR), from $2.40B to $2.04B.
What does pre-tax income mean?
Total profit earned before accounting for income tax obligations.