Orchid Island Capital, Inc. (ORC) 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 | 157.88M | 132.19M | 77.52M | -28.58M | 21.35M | 9.9M | 21.59M | -599K | 23.51M | 31.19M | -75.49M | 15.07M | 8.53M | 39.11M | -80.18M | -55.59M | -144.35M | -40.2M | 29.71M | -13.15M |
| Revenue Growth % | 639.54% | 1234.96% | 259.07% | -4671.62% | -9.21% | -68.25% | 128.6% | -103.98% | 175.53% | -20.26% | 5.86% | 127.11% | 105.91% | 197.3% | -369.87% | -322.84% | -457.85% | -308.53% | -3.92% | -125.51% |
| Property Operating Expenses | 4.46M | 93.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 801K | 750K | 812K | 741K | 708K | 0 | 702K | 766K | 894K | 699K | 689K |
| Net Operating Income (NOI) | 153.42M | 38.48M | 77.52M | -28.58M | 21.35M | 9.9M | 21.59M | -599K | 23.51M | 30.39M | -76.24M | 14.26M | 7.79M | 38.41M | -80.18M | -56.29M | -145.11M | -41.09M | 29.01M | -13.84M |
| NOI Margin % | 97.17% | 29.11% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 97.43% | 100.99% | 94.61% | 91.32% | 98.19% | 100% | 101.26% | 100.53% | 102.22% | 97.65% | 105.24% |
| Operating Expenses | 72.6M | 5.82M | 77.52M | -28.58M | 21.35M | 9.9M | 21.59M | -599K | 23.51M | 3.26M | 3.89M | 4.01M | 4.26M | 3.48M | -80.18M | 3.85M | 3.61M | 3.47M | 2.98M | 3.03M |
| G&A Expenses | 0 | 5.82M | 651K | 825K | 251K | 694K | 698K | 893K | 333K | 3.26M | 3.89M | 4.01M | 4.26M | 3.48M | 723K | 3.85M | 3.61M | 3.47M | 2.98M | 3.03M |
| EBITDA | 80.82M | 197.11M | 153.59M | 35.56M | 78.5M | 69.4M | 84.63M | 48.78M | 71.14M | 27.13M | -80.13M | 10.25M | 3.53M | 34.93M | -63.15M | -60.14M | -148.73M | -44.56M | 26.04M | -16.86M |
| EBITDA Margin % | 51.19% | 149.12% | 198.14% | -124.4% | 367.71% | 700.85% | 391.99% | -8143.91% | 302.53% | 86.97% | 106.15% | 68.02% | 41.36% | 89.29% | 78.76% | 108.19% | 103.03% | 110.86% | 87.63% | 128.29% |
| 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 | 80.82M | 32.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.13M | -80.13M | 10.25M | 3.53M | 34.93M | 0 | -60.14M | -148.73M | -44.56M | 26.04M | -16.86M |
| Operating Margin % | 51.19% | 24.71% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 86.97% | 106.15% | 68.02% | 41.36% | 89.29% | 0% | 108.19% | 103.03% | 110.86% | 87.63% | 128.29% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.80x | 2.10x | 1.88x | 0.51x | 1.28x | 1.09x | 1.26x | 0.91x | 1.39x | 0.52x | -1.36x | 0.21x | 0.08x | 1.18x | -2.96x | -7.35x | -56.02x | -22.03x | 16.58x | -10.84x |
| Non-Operating Income | 0 | -164.45M | -153.59M | -35.56M | -78.5M | -69.4M | -84.63M | -48.78M | -71.14M | 27.13M | -80.13M | 10.25M | 3.53M | 34.93M | 63.15M | -60.14M | -148.73M | -44.56M | 26.04M | -16.86M |
| Pretax Income | -19.95M | 103.41M | 72.08M | -33.58M | 17.12M | 5.54M | 17.32M | -4.98M | 19.78M | 27.13M | -80.13M | 10.25M | 3.53M | 34.93M | -84.51M | -60.14M | -148.73M | -44.56M | 26.04M | -16.86M |
| Pretax Margin % | -12.64% | 78.23% | 92.98% | 117.48% | 80.2% | 56% | 80.23% | 831.22% | 84.1% | 86.97% | 106.15% | 68.02% | 41.36% | 89.29% | 105.4% | 108.19% | 103.03% | 110.86% | 87.63% | 128.29% |
| 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 | -19.95M | 103.41M | 72.08M | -33.58M | 17.12M | 5.54M | 17.32M | -4.98M | 19.78M | 27.13M | -80.13M | 10.25M | 3.53M | 34.93M | -84.51M | -60.14M | -148.73M | -44.56M | 26.04M | -16.86M |
| Net Margin % | -12.64% | 78.23% | 92.98% | 117.48% | 80.2% | 56% | 80.23% | 831.22% | 84.1% | 86.97% | 106.15% | 68.02% | 41.36% | 89.29% | 105.4% | 108.19% | 103.03% | 110.86% | 87.63% | 128.29% |
| Net Income Growth % | -216.55% | 1764.89% | 316.15% | -574.39% | -13.42% | -79.56% | 121.61% | -148.58% | 460.23% | -22.33% | 5.18% | 117.04% | 102.37% | 178.37% | -424.58% | -256.59% | -406.41% | -370.43% | -7.26% | -134.58% |
| Funds From Operations (FFO) | -19.95M | 103.41M | 72.08M | -33.58M | 17.12M | 5.54M | 17.32M | -4.98M | 19.78M | 27.13M | -80.13M | 10.25M | 3.53M | 34.93M | -84.51M | -60.14M | -148.73M | -44.56M | 26.04M | -16.86M |
| FFO Margin % | -12.64% | 78.23% | 92.98% | 117.48% | 80.2% | 56% | 80.23% | 831.22% | 84.1% | 86.97% | 106.15% | 68.02% | 41.36% | 89.29% | 105.4% | 108.19% | 103.03% | 110.86% | 87.63% | 128.29% |
| FFO Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FFO per Share | -0.11 | 0.62 | 0.53 | -0.29 | 0.18 | 0.07 | 0.24 | -0.09 | 0.38 | 0.52 | -1.68 | 0.25 | 0.09 | 0.95 | -2.40 | -1.70 | -4.20 | -1.33 | 1.01 | -0.85 |
| FFO Payout Ratio % | 0% | 55.98% | 66.53% | -120.16% | 190.86% | 512.86% | 145.91% | -406.29% | 93.87% | 77.38% | -28.02% | 184.26% | 521.87% | 48.58% | -25.5% | -39.86% | -20.85% | -71.73% | 92.53% | -112.05% |
| EPS (Diluted) | -0.11 | 0.62 | 0.53 | -0.29 | 0.18 | 0.07 | 0.24 | -0.09 | 0.38 | 0.52 | -1.68 | 0.25 | 0.09 | 0.95 | -2.40 | -1.70 | -4.20 | -1.33 | 1.01 | -0.85 |
| EPS Growth % | -161.11% | 789.53% | 120.83% | -236.43% | -52.63% | -86.6% | 114.31% | -133.82% | 314.39% | -45.26% | 30.13% | 115.01% | 102.18% | 171.69% | -337.11% | -100.39% | -144.18% | -213.44% | -51.46% | -123.05% |
| EPS (Basic) | -0.11 | 0.62 | 0.53 | -0.29 | 0.18 | 0.07 | 0.24 | -0.09 | 0.38 | 0.52 | -1.68 | 0.25 | 0.09 | 0.95 | -2.40 | -1.70 | -4.20 | -1.33 | 1.01 | -0.85 |
| Diluted Shares Outstanding | 189.26M | 166.07M | 136.37M | 114.45M | 95.17M | 79.59M | 72.38M | 57.76M | 51.6M | 52.4M | 47.77M | 40.21M | 38.49M | 36.76M | 35.21M | 35.41M | 35.4M | 33.63M | 25.72M | 19.9M |