Dynex Capital, Inc. (DX) 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 | 257.39M | 177.04M | 149.68M | 111.75M | 95.06M | 88.5M | 83.46M | 74.55M | 71.53M | 71.19M | 63.27M | -9.39M | 7.53M | 30.98M | -50.56M | -70.78M | 237.64M | 17.05M | 15.71M | 15.4M |
| Revenue Growth % | 170.77% | 100.05% | 79.35% | 49.9% | 32.9% | 24.31% | 31.91% | 893.99% | 849.74% | 129.8% | 225.13% | 86.73% | -96.83% | 81.68% | -421.77% | -559.58% | 1178.38% | -65.85% | -67.87% | -92.46% |
| Property Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Operating Income (NOI) | 257.39M | 177.04M | 149.68M | 111.75M | 95.06M | 88.5M | 83.46M | 74.55M | 71.53M | 71.19M | 63.27M | -9.39M | 7.53M | 30.98M | -50.56M | -70.78M | 237.64M | 17.05M | 15.71M | 15.4M |
| NOI Margin % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Operating Expenses | 20.48M | -141.87M | -119.78M | 36.73M | 20.21M | -44.2M | -30.1M | 8.09M | -43.31M | -26.58M | 40.79M | -108.87M | 17.95M | -36.63M | -17.17M | -104.38M | 118.68M | 1.55M | 361K | 57.88M |
| G&A Expenses | 20.48M | 0 | 11.46M | 11.91M | 11.76M | 8.8M | 8.27M | 6.64M | 10.88M | 8.32M | 7.84M | 7.2M | 7.37M | 7.9M | 10.15M | 7.2M | 7.11M | 6.36M | 6.55M | 5.71M |
| EBITDA | 243.41M | 319.45M | 270M | 75.53M | 75.35M | 133.2M | 113.99M | 66.89M | 115.34M | 98.34M | 23.03M | 100.09M | -9.83M | 68.25M | -32.82M | 34.17M | 119.52M | 16.08M | 15.97M | -41.98M |
| EBITDA Margin % | 94.57% | 180.44% | 180.39% | 67.59% | 79.26% | 150.52% | 136.59% | 89.72% | 161.25% | 138.15% | 36.4% | -1066% | -130.51% | 220.33% | 64.91% | -48.27% | 50.3% | 94.32% | 101.65% | -272.56% |
| Depreciation & Amortization | 6.5M | 542K | 544K | 516K | 496K | 509K | 433K | 424K | 501K | 576K | 546K | 608K | 585K | 645K | 574K | 569K | 566K | 582K | 620K | 507K |
| D&A / Revenue % | 2.52% | 0.31% | 0.36% | 0.46% | 0.52% | 0.58% | 0.52% | 0.57% | 0.7% | 0.81% | 0.86% | -6.48% | 7.77% | 2.08% | -1.14% | -0.8% | 0.24% | 3.41% | 3.95% | 3.29% |
| Operating Income | 236.91M | 318.91M | 269.46M | 75.01M | 74.85M | 132.69M | 113.56M | 66.46M | 114.83M | 97.77M | 22.48M | 99.48M | -10.41M | 67.61M | -33.39M | 33.6M | 118.96M | 15.5M | 15.35M | -42.48M |
| Operating Margin % | 92.04% | 180.14% | 180.02% | 67.13% | 78.74% | 149.94% | 136.07% | 89.15% | 160.55% | 137.34% | 35.53% | -1059.53% | -138.28% | 218.25% | 66.04% | -47.47% | 50.06% | 90.91% | 97.7% | -275.85% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.55x | 2.39x | 2.26x | 0.85x | 0.96x | 1.63x | 1.38x | 0.89x | 1.54x | 1.33x | 0.34x | 2.20x | -0.33x | 2.78x | -2.51x | 7.88x | 68.05x | 10.74x | 11.63x | -33.32x |
| Non-Operating Income | 139.14M | 1 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -1K | 0 | 0 | 0 | -1K | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | -80.36M | 185.36M | 150.39M | -13.61M | -3.08M | 51.09M | 31M | -8.3M | 40.12M | 24.3M | -43.05M | 54.34M | -41.72M | 43.29M | -46.67M | 29.34M | 117.21M | 14.06M | 14.03M | -43.76M |
| Pretax Margin % | -31.22% | 104.7% | 100.47% | -12.18% | -3.24% | 57.73% | 37.14% | -11.14% | 56.09% | 34.14% | -68.04% | -578.73% | -554% | 139.74% | 92.31% | -41.45% | 49.32% | 82.45% | 89.3% | -284.13% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -80.36M | 185.36M | 150.39M | -13.61M | -3.08M | 51.09M | 31M | -8.3M | 40.12M | 24.3M | -43.05M | 54.34M | -41.72M | 43.29M | -46.67M | 29.34M | 117.21M | 14.06M | 14.03M | -43.76M |
| Net Margin % | -31.22% | 104.7% | 100.47% | -12.18% | -3.24% | 57.73% | 37.14% | -11.14% | 56.09% | 34.14% | -68.04% | -578.73% | -554% | 139.74% | 92.31% | -41.45% | 49.32% | 82.45% | 89.3% | -284.13% |
| Net Income Growth % | -2512.55% | 262.84% | 385.17% | -63.85% | -107.67% | 110.2% | 172% | -115.28% | 196.16% | -43.86% | 7.76% | 85.22% | -135.6% | 207.93% | -432.6% | 167.04% | -0.61% | -65.24% | -65.54% | -122.46% |
| Funds From Operations (FFO) | -73.87M | 185.9M | 150.93M | -13.09M | -2.58M | 51.59M | 31.43M | -7.88M | 40.62M | 24.88M | -42.51M | 54.95M | -41.14M | 43.93M | -46.1M | 29.91M | 117.78M | 14.64M | 14.65M | -43.25M |
| FFO Margin % | -28.7% | 105.01% | 100.84% | -11.71% | -2.71% | 58.3% | 37.66% | -10.57% | 56.79% | 34.95% | -67.18% | -585.21% | -546.24% | 141.82% | 91.17% | -42.25% | 49.56% | 85.86% | 93.25% | -280.84% |
| FFO Growth % | -2763.02% | 260.31% | 380.22% | -66.12% | -106.35% | 107.38% | 173.94% | -114.34% | 198.74% | -43.37% | 7.8% | 83.73% | -134.93% | 200.1% | -414.61% | 169.14% | -0.64% | -64.3% | -64.43% | -122.15% |
| FFO per Share | -0.37 | 1.18 | 1.10 | -0.12 | -0.03 | 0.63 | 0.41 | -0.12 | 0.68 | 0.43 | -0.78 | 1.01 | -0.76 | 0.91 | -1.02 | 0.76 | 3.17 | 0.40 | 0.42 | -1.35 |
| FFO Payout Ratio % | -138.83% | 42.41% | 46.1% | -432.05% | -1613.02% | 67.36% | 99.34% | -342.03% | 61.34% | 96.48% | -54.27% | 41.9% | -55.79% | 46.24% | -41.94% | 55.15% | 13.77% | 109.95% | 0.01% | -68.15% |
| EPS (Diluted) | -0.41 | 1.16 | 1.08 | -0.14 | -0.06 | 0.62 | 0.38 | -0.15 | 0.66 | 0.39 | -0.79 | 0.99 | -0.78 | 0.85 | -1.07 | 0.69 | 3.11 | 0.33 | 0.35 | -1.43 |
| EPS Growth % | -642.75% | 87.1% | 184.21% | 6.67% | -108.36% | 58.97% | 148.1% | -115.15% | 184.62% | -54.12% | 26.17% | 43.48% | -125.08% | 157.58% | -405.71% | 148.25% | -25.95% | -79.38% | -78.4% | -117.21% |
| EPS (Basic) | -0.41 | 1.17 | 1.09 | -0.14 | -0.06 | 0.62 | 0.38 | -0.15 | 0.66 | 0.39 | -0.80 | 0.99 | -0.79 | 0.85 | -1.07 | 0.70 | 3.14 | 0.33 | 0.35 | -1.43 |
| Diluted Shares Outstanding | 200.08M | 157.21M | 136.93M | 113.18M | 90.49M | 81.71M | 76.37M | 66.95M | 59.72M | 57.3M | 54.56M | 54.59M | 53.82M | 48.54M | 45.35M | 39.56M | 37.11M | 36.73M | 35.09M | 31.97M |