ARMOUR Residential REIT, Inc. (ARR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 55.96M | 349.01M | 393.49M | 194.54M | 368.23M | -222.46M | 411.51M | 36.2M | 14.65M | 550.5M | -309.21M | -11.11M | 219.5M | 129.04M | -460.65M | -242.07M | -401.5M | -47.31M | -15.34M | 33.75M |
| Revenue Growth % | -84.8% | 256.88% | -4.38% | 437.35% | 2413.01% | -140.41% | 233.08% | 425.75% | -93.32% | 326.6% | 32.88% | 95.41% | 154.67% | 372.78% | -2903.32% | -817.15% | -526.9% | -207.94% | -124.91% | 131.16% |
| Property Operating Expenses | 12.21M | 10.28M | 10.05M | 9.41M | 9.12M | 8.55M | 8.27M | 8.16M | 8.15M | 8.1M | 8.07M | 7.74M | 7.59M | 6.85M | 6.58M | 6.35M | 6.19M | 6.05M | 5.8M | 5.62M |
| Net Operating Income (NOI) | 43.74M | 338.73M | 383.43M | 185.13M | 359.11M | -231.01M | 403.24M | 28.05M | 6.5M | 542.4M | -317.27M | -18.86M | 211.91M | 122.19M | -467.23M | -248.41M | -407.69M | -53.36M | -21.14M | 28.14M |
| NOI Margin % | 78.17% | 97.05% | 97.45% | 95.16% | 97.52% | 103.85% | 97.99% | 77.47% | 44.36% | 98.53% | 102.61% | 169.66% | 96.54% | 94.69% | 101.43% | 102.62% | 101.54% | 112.79% | 137.81% | 83.36% |
| Operating Expenses | 3.13M | -59.08M | 52.51M | 112.96M | 195.24M | -324.39M | 212.13M | -46.56M | -144.16M | 302.4M | -288.15M | -190.89M | 137.02M | 17.58M | -367.24M | -202.86M | -343.66M | -34.02M | -56.73M | 95.76M |
| G&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -42.41M | 397.8M | 330.92M | 72.17M | 163.87M | 93.38M | 191.1M | 74.61M | 150.66M | 240M | -29.13M | 172.04M | 74.89M | 100.43M | -99.99M | -45.56M | -64.03M | -19.34M | 35.6M | -67.63M |
| EBITDA Margin % | -75.8% | 113.98% | 84.1% | 37.1% | 44.5% | -41.98% | 46.44% | 206.07% | 1028.22% | 43.6% | 9.42% | -1547.93% | 34.12% | 77.83% | 21.71% | 18.82% | 15.95% | 40.88% | -232.08% | -200.35% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | 40.61M | 397.8M | 330.92M | 72.17M | 163.87M | 93.38M | 191.1M | 74.61M | 150.66M | 240M | -29.13M | 172.04M | 74.89M | 104.61M | -99.99M | -45.56M | -64.03M | -19.34M | 35.6M | -67.63M |
| Operating Margin % | 72.57% | 113.98% | 84.1% | 37.1% | 44.5% | -41.98% | 46.44% | 206.07% | 1028.22% | 43.6% | 9.42% | -1547.93% | 34.12% | 81.07% | 21.71% | 18.82% | 15.95% | 40.88% | -232.08% | -200.35% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -0.24x | 2.14x | 1.93x | 0.49x | 1.20x | 0.67x | 1.53x | 0.61x | 1.11x | 1.71x | -0.19x | 1.33x | 0.70x | 1.65x | -2.26x | -3.49x | -26.61x | -13.50x | 22.05x | -43.69x |
| Non-Operating Income | 83.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.18M | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | -54.85M | 211.7M | 159.26M | -75.61M | 27.33M | -46.44M | 65.88M | -48.35M | 14.52M | 99.6M | -179.17M | 42.96M | -31.36M | 39.41M | -144.31M | -58.59M | -66.43M | -20.77M | 33.98M | -69.17M |
| Pretax Margin % | -98.02% | 60.66% | 40.47% | -38.86% | 7.42% | 20.88% | 16.01% | -133.55% | 99.07% | 18.09% | 57.94% | -386.56% | -14.29% | 30.54% | 31.33% | 24.2% | 16.55% | 43.91% | -221.55% | -204.94% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -42K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0.04% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -54.85M | 211.7M | 159.26M | -75.61M | 27.33M | -46.44M | 65.88M | -48.35M | 14.52M | 99.64M | -179.17M | 42.96M | -31.36M | 39.41M | -144.31M | -58.59M | -66.43M | -20.77M | 33.98M | -69.17M |
| Net Margin % | -98.02% | 60.66% | 40.47% | -38.86% | 7.42% | 20.88% | 16.01% | -133.55% | 99.07% | 18.1% | 57.94% | -386.56% | -14.29% | 30.54% | 31.33% | 24.2% | 16.55% | 43.91% | -221.55% | -204.94% |
| Net Income Growth % | -300.68% | 555.87% | 141.74% | -56.38% | 88.29% | -146.61% | 136.77% | -212.54% | 146.29% | 152.83% | -24.15% | 173.33% | 52.8% | 289.73% | -524.68% | 15.3% | -193.14% | -125.51% | -41.8% | -233.67% |
| Funds From Operations (FFO) | -51.51M | 214.16M | 159.07M | -75.84M | 27.33M | -46.44M | 65.88M | -48.35M | 14.52M | 99.64M | -179.17M | 42.96M | -30.24M | 55.92M | -144.31M | -58.59M | -59.75M | 27.33M | 33.98M | -69.17M |
| FFO Margin % | -92.06% | 61.36% | 40.42% | -38.98% | 7.42% | 20.88% | 16.01% | -133.55% | 99.07% | 18.1% | 57.94% | -386.56% | -13.78% | 43.33% | 31.33% | 24.2% | 14.88% | -57.78% | -221.55% | -204.94% |
| FFO Growth % | - | - | - | - | - | - | - | - | - | - | - | - | 49.39% | 104.58% | - | - | -168.58% | -79.73% | - | - |
| FFO per Share | -0.43 | 1.91 | 1.52 | -0.90 | 0.36 | -0.89 | 1.27 | -0.99 | 0.30 | 2.03 | -3.85 | 1.07 | -0.82 | 1.92 | -5.85 | -2.75 | -3.10 | 1.49 | 2.00 | -4.55 |
| FFO Payout Ratio % | -167.46% | 39.12% | 35.88% | -79.68% | 197.83% | -92.43% | 56.87% | -72.92% | 243.19% | 59.23% | -31.72% | 119.48% | -171.99% | 78.71% | -25.74% | -54.88% | -48.72% | 102.13% | 74.92% | -33.53% |
| EPS (Diluted) | -0.49 | 1.86 | 1.49 | -0.94 | 0.32 | -0.95 | 1.21 | -1.05 | 0.24 | 1.96 | -3.92 | 1.00 | -0.93 | 1.12 | -5.98 | -2.89 | -3.61 | -1.30 | 1.80 | -4.74 |
| EPS Growth % | -253.13% | 295.79% | 23.14% | 10.48% | 33.33% | -148.47% | 130.87% | -205% | 125.81% | 75% | 34.45% | 134.6% | 74.24% | 186.15% | -432.22% | 39.03% | -170.1% | -121.35% | -58.14% | -223.12% |
| EPS (Basic) | -0.49 | 1.86 | 1.50 | -0.94 | 0.32 | -0.95 | 1.22 | -1.05 | 0.24 | 1.98 | -3.92 | 1.01 | -0.93 | 1.12 | -5.98 | -2.90 | -3.61 | -1.30 | 1.84 | -4.75 |
| Diluted Shares Outstanding | 119.58M | 112.24M | 104.57M | 83.8M | 75.38M | 52.16M | 51.83M | 48.77M | 48.99M | 49.18M | 46.51M | 40.08M | 36.92M | 29.12M | 24.65M | 21.3M | 19.25M | 18.34M | 16.98M | 15.21M |