Other Income & Expense
Interest Expense
Annaly Capital Management Interest Expense decreased by 3.9% to $1.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $1.1B to $1.27B. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 109.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase suggests higher borrowing costs or increased leverage, while a decrease indicates lower interest rates or reduced debt levels.
Detailed definition
The total cost incurred by the company for borrowed funds, including interest on repurchase agreements, securitized debt...
Peer comparison
Standard across all financial institutions and REITs; highly comparable based on leverage ratios.
Metric ID:
interest_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $61.05M | $50.44M | $61.79M | $74.92M | $170.48M | $400.49M | $663.85M | $798.79M | $953.46M | $1.05B | $1.04B | $1.1B | $1.12B | $1.22B | $1.15B | $1.1B | $1.15B | $1.26B | $1.32B | $1.27B |
| QoQ Change | — | -17.4% | +22.5% | +21.3% | +127.5% | +134.9% | +65.8% | +20.3% | +19.4% | +9.8% | -0.3% | +5.5% | +2.1% | +8.2% | -5.3% | -4.7% | +4.4% | +9.7% | +5.4% | -3.9% |
| YoY Change | — | — | — | — | +179.3% | +694.0% | +974.4% | +966.2% | +459.3% | +161.4% | +57.3% | +37.8% | +17.9% | +16.2% | +10.3% | -0.3% | +2.0% | +3.4% | +15.0% | +16.0% |
Range$50.44M – $1.32B
CAGR+89.5%
Avg YoY Growth+225.6%
Median YoY Growth+27.8%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Agency | $830.32M | $885.98M | $804.91M | $718.25M | $731.32M | $811.18M | $844.94M | $765.44M |
| Residential Credit | $291.82M | $328.44M | $345.66M | $378.17M | $414.22M | $445.57M | $479.19M | $506.8M |
| MSR | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total | $1.12B | $1.22B | $1.15B | $1.1B | $1.15B | $1.26B | $1.32B | $1.27B |
Interest Expense at Other Companies
Frequently Asked Questions
- What is Annaly Capital Management's interest expense?
- Annaly Capital Management (NLY) reported interest expense of $1.27B in Q1 2026.
- How has Annaly Capital Management's interest expense changed year-over-year?
- Annaly Capital Management's interest expense increased by 16.0% year-over-year, from $1.1B to $1.27B.
- What is the long-term trend for Annaly Capital Management's interest expense?
- Over 4 years (2021 to 2025), Annaly Capital Management's interest expense has grown at a 109.7% compound annual growth rate (CAGR), from $249.24M to $4.82B.
- What does interest expense mean?
- The total interest paid on the company's debt and financing obligations.