Orchid Island Capital

Q2 FY2026 EarningsQ2 FY26 results presented a significant beat on bottom-line metrics despite a substantial miss on revenue. GAAP Net Income reached $89.2M (vs. $87.0M expected) with GAAP EPS of $0.44 comfortably exceeding the $0.417 consensus. However, reported revenue of $59.97M was a -63.63% miss against the $164.9M consensus, as interest income gains were offset by portfolio losses. Management's outlook remains cautious due to Fed policy shifts and geopolitical uncertainty, though the portfolio maintains a stable net interest spread of 1.94%.