AGNC Investment Corp.
Real EstateNASDAQ:AGNC · NASDAQ Global Select
+$0.01 today
Vol 12.01M · Avg 16.64M
Income Statement
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Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$3.4B of revenue converted into $1.5B of net income for the selected period. Gross margin is 82.6% and net margin is 29.2%, showing how much revenue survives after costs and taxes. EPS is $1.27, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B -60.8% | $4.9B +384.7% | $1.0B -69.6% | $3.3B +36.9% | $2.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.9B -60.8% | $4.9B +384.7% | $1.0B -69.6% | $3.3B +36.9% | $2.4B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $87.0M | $0 | $0 | $0 | $0 | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | -$2.6B -361.9% | $995.0M +162.9% | -$1.6B -140.9% | $3.9B +143.3% | $1.6B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $177.0M | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $4.7B +23.7% | $3.8B +55.4% | $2.4B +532.2% | -$565.0M -168.6% | $824.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 245.6% +167.7pp | 77.8% -164.9pp | 242.7% +259.8pp | -17.1% -51.2pp | 34.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $4.5B +16.4% | $3.9B +50.0% | $2.6B +558.1% | -$565.0M -168.6% | $824.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 236.3% +156.7pp | 79.6% -177.7pp | 257.3% +274.4pp | -17.1% -51.2pp | 34.1% | 16.6% | 24.1% | 22.0% |
| Interest Income | $3.5B +19.5% | $2.9B +44.5% | $2.0B +28.4% | $1.6B +16.8% | $1.4B | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $2.8B -2.8% | $2.9B +28.2% | $2.3B +265.9% | $625.0M +733.3% | $75.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$2.8B +5.6% | -$3.0B -24.0% | -$2.4B -289.3% | -$625.0M -733.3% | -$75.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $1.7B +93.5% | $863.0M +456.8% | $155.0M +113.0% | -$1.2B -258.9% | $749.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 87.3% +69.6pp | 17.7% +2.3pp | 15.4% +51.4pp | -36.0% -67.0pp | 31.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | $1.7B +93.5% | $863.0M +456.8% | $155.0M +113.0% | -$1.2B -258.9% | $749.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 87.3% +69.6pp | 17.7% +2.3pp | 15.4% +51.4pp | -36.0% -67.0pp | 31.0% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +59.1% | $1 +1698.8% | $0 +102.1% | -$2 -295.9% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +58.1% | $1 +1760.0% | $0 +102.1% | -$2 -297.5% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $1.0B +9.9% | $928.0M -70.1% | $3.1B +528.2% | $493.5M -19.6% | $613.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $1.0B +30.2% | $786.0M +26.9% | $619.6M +15.4% | $537.0M +1.3% | $530.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
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SEC Filings
Recent regulatory filings
No filings found.
How much revenue does AGNC generate?
AGNC Investment Corp. (AGNC) reported $1.91B of revenue in fiscal 2025.
Is AGNC profitable?
AGNC Investment Corp. (AGNC) reported $1.67B of net income, with a net margin of 87.3%.
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