Armour Residential REIT, Inc. Q2 2026: Revenue $263.9M, EPS $0.86— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Armour Residential REIT reported Q2 2026 revenue of $263.9M and diluted EPS of $0.86, marking a significant turnaround from the prior year's loss. Net income rose to $114.8M, up from a $75.6M loss YoY. Revenue increased 46% due to portfolio growth to $20.36B and improved spreads. The company maintained focus on hedging, liquidity, and capital formation through equity and preferred issuances.
Armour Residential REIT, Inc. reported results for the quarter ended Q2 2026 with revenue of $263.9M and diluted EPS of $0.86, marking a year‑over‑year turnaround from a loss in the prior-year quarter as net income rose to $114.8M from a $(75.6M) loss a year earlier.
Financial Highlights
- Revenue was $263.9M interest income for Q2 2026, compared with $180.9M in the year‑ago quarter; YoY change 46.0%.
- Net income was $114.8M for Q2 2026, versus a $(75.6M) loss in the year‑ago quarter; improvement YoY.
- Diluted EPS was $0.86 for Q2 2026, compared with $(0.94) in the year‑ago quarter; turnaround YoY.
Business Highlights
- Portfolio Growth: Average securities portfolio expanded to approximately $20.36B, supporting higher interest income and scale.
- Revenue Momentum: Net interest income rose materially versus the prior year, driven by a larger asset base and improved spreads.
- Risk & Liquidity Focus: Management prioritized hedging, liquidity and diversified funding amid heightened market volatility.
- Operational Channels: Continued active use of repurchase financing, TBAs and derivatives to manage portfolio positioning.
- Capital Formation: Ongoing equity ATM and preferred issuance programs supported incremental capital deployment.
Original SEC Filing: Armour Residential REIT, Inc. [ ARR ] - 10-Q - Jul. 22, 2026