Annaly Capital Management. financials
$20.35−1.26%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $579.6M | $485.4M | $364.2M | $246.9M | $69.0M | $94.2M | — | — | — | — |
| Gross profit | $519.3M | $435.9M | $326.5M | $221.8M | $69.0M | $94.2M | — | — | — | $0.00 |
| Gross margin | 89.6% | 89.8% | 89.7% | 89.8% | 100.0% | 100.0% | — | — | — | — |
| Operating income | $319.7M | $264.6M | $164.0M | $59.1M | $15.9M | -$302.0M | -$271.8M | -$329.9M | -$224.1M | -$250.4M |
| Net income | $1.87B | $847.4M | -$1.78B | $1.61B | $2.28B | -$1.03B | -$2.30B | -$74.9M | $1.46B | $1.35B |
| Net margin | 322.5% | 174.6% | −490.1% | 653.9% | 3306.9% | −1096.9% | — | — | — | — |
| Diluted EPS | $2.92 | $1.62 | $-3.61 | $3.92 | $6.39 | $-2.92 | $-6.40 | $-0.24 | $5.48 | $5.56 |
| EBITDA | $353.7M | $294.9M | $188.8M | $79.6M | $40.5M | -$272.2M | -$252.1M | -$260.9M | -$199.8M | -$206.9M |
| Operating cash flow | $692.9M | $3.31B | $2.37B | $1.73B | $3.08B | $528.0M | -$1.20B | $2.62B | $1.63B | $1.58B |
| Free cash flow | $692.9M | $3.31B | $2.37B | $1.73B | $3.07B | $520.5M | -$1.24B | $2.60B | $1.13B | -$338.0M |
| Diluted shares | 641.0M | 522.7M | 494.5M | 411.6M | 357.1M | 353.7M | 358.7M | 302.4M | 266.6M | 242.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.04B | $1.49B | $1.41B | $1.58B | $1.34B | $1.24B |
| Short-term investments | $91.29B | $0.00 | $0.00 | $0.00 | — | $75.65B |
| Total debt | $113.92B | $86.56B | $77.84B | $67.83B | $60.92B | $72.01B |
| Total assets | $135.61B | $103.56B | $93.23B | $81.85B | $76.76B | $88.46B |
| Total liabilities | $119.45B | $90.86B | $81.88B | $70.48B | $63.57B | $74.43B |
| Shareholders' equity | $16.16B | $12.70B | $11.35B | $11.37B | $13.20B | $14.02B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology