The Filings Report

Annaly Capital Management. Inc.

NLYNYSECIK 1043219Real Estate / REITsfiscal year ends December74 quarters since 2008

Revenue, Q3 FY2026
—
no year-earlier figure
Net income
−$1.0B
−220.3% on Q3 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$-1.36
−213.3% on Q3 FY2025
Revenue, TTM
—
trailing four quarters
Net margin, TTM
—
net income $1.1B
Free cash flow, TTM
—
Cash and equivalents
—
long-term debt —, Sep 30, 2026
Shares, 12-month change
+15.3%
788M shares, Sep 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$14.6B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 28, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Annaly Capital Management. Inc. reported no revenue line, and net loss of $1.0B (−220.3%). Diluted earnings per share were $-1.36.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 28, 2026.

Revenue and net incomeRevenueNet income
−$2B−$1B$0$1B$2BQ4'22, Net income: −$888MQ4'22Q1'23, Net income: −$844MQ1'23Q2'23, Net income: $167MQ2'23Q3'23, Net income: −$562MQ3'23Q4'23, Net income: −$404MQ4'23Q1'24, Net income: $463MQ1'24Q2'24, Net income: −$9MQ2'24Q3'24, Net income: $66MQ3'24Q4'24, Net income: $482MQ4'24Q1'25, Net income: $124MQ1'25Q2'25, Net income: $57MQ2'25Q3'25, Net income: $832MQ3'25Q4'25, Net income: $1.0BQ4'25Q1'26, Net income: $283MQ1'26Q2'26, Net income: $823MQ2'26Q3'26, Net income: −$1.0BQ3'26−$2B−$1B$0$1B$2BQ4'22, Net income: −$888MQ1'23, Net income: −$844MQ1'23Q2'23, Net income: $167MQ3'23, Net income: −$562MQ3'23Q4'23, Net income: −$404MQ1'24, Net income: $463MQ1'24Q2'24, Net income: −$9MQ3'24, Net income: $66MQ3'24Q4'24, Net income: $482MQ1'25, Net income: $124MQ1'25Q2'25, Net income: $57MQ3'25, Net income: $832MQ3'25Q4'25, Net income: $1.0BQ1'26, Net income: $283MQ1'26Q2'26, Net income: $823MQ3'26, Net income: −$1.0BQ3'26

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5B$2.0BQ4'22, Cash and equivalents: $1.6BQ4'22Q1'23Q2'23Q3'23Q4'23, Cash and equivalents: $1.4BQ4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26$0$500M$1.0B$1.5B$2.0BQ4'22, Cash and equivalents: $1.6BQ1'23Q3'23Q4'23, Cash and equivalents: $1.4BQ1'24Q3'24Q1'25Q3'25Q1'26Q3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

Annaly Capital Management. Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue—————————
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative5358535150504844+5.7%
Operating income—————————
Other income (expense)(1,631)247(254)555484(289)(160)225−437.2%
Pretax income(984)8352891,01083561139483−217.9%
Income tax167(2)(8)(8)0810+308.8%
Net income(1,002)8232831,01383257124482−220.3%
Diluted EPS ($)(1.36)1.060.33—1.200.030.15—−213.3%
Diluted shares (millions)764740724—658621588——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

Annaly Capital Management. Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets—————————
Total assets146,147143,741138,538135,610125,862112,142105,115103,556+16.1%
Total current liabilities—————————
Long-term debt—————————
Total liabilities130,253126,763122,212119,450110,86598,66892,03190,859+17.5%
Stockholders’ equity15,82016,92516,27416,09114,91113,38112,99512,609+6.1%
Shares outstanding (millions)788754733718683642605578—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

Annaly Capital Management. Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow2,8561,619(1,401)64424181(156)2,808+11751.6%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization—————————
Share repurchases—————————
Dividends paid589563536withheldwithheldwithheldwithheldwithheld—

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 12, 2026.

Income statement

Annaly Capital Management. Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed Feb 18, 2022FY2020ended Dec 31, 2020filed Feb 19, 2021FY2019ended Dec 31, 2019filed Feb 14, 2020FY2018ended Dec 31, 2018filed Feb 15, 2019FY2017ended Dec 31, 2017filed Feb 16, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 24, 2010FY2008ended Dec 31, 2008filed Aug 6, 2009FY2007ended Dec 31, 2007filed Aug 6, 2009
Revenue———————————————————
Cost of revenue———————————————————
Gross profit———————————————————
Research and development———————————————————
Selling, general and administrative20017116316318622227233022425020020923223623717113010463
Operating income———————————————————
Other income (expense)590515(1,652)244796(2,094)107110———(2,748)1,676(585)(2,460)(783)(219)(749)61
Pretax income2,0451,027(1,599)1,7722,401(918)(2,174)521,5761,431464(837)3,7381,7724021,3001,996372424
Income tax(7)1539465(28)(11)(2)7(2)(2)5836593534269
Net income2,0271,002(1,643)1,7252,390(891)(2,163)541,5701,434467(842)3,7301,7363441,2671,961346414
Diluted EPS ($)2.921.62(3.61)3.926.39(2.92)(6.40)*(0.24)*5.48*5.56*1.68*(3.84)*14.96*6.84*1.48*8.16*14.08*2.56*5.24*
Diluted shares (millions)641523495412357354359*302*267*243*237*237*249*251*219*156*138*127*77*

Balance sheet

Annaly Capital Management. Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed Feb 18, 2022FY2020ended Dec 31, 2020filed Feb 19, 2021FY2019ended Dec 31, 2019filed Feb 14, 2020FY2018ended Dec 31, 2018filed Feb 15, 2019FY2017ended Dec 31, 2017filed Feb 16, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 24, 2010FY2008ended Dec 31, 2008filed Aug 6, 2009FY2007ended Dec 31, 2007filed Aug 6, 2009
Cash and equivalents——1,4121,5771,3421,2441,8511,7367071,5401,7691,7415526169942831,505909104
Short-term investments———————————————————
Total current assets———————————————————
Total assets135,610103,55693,22781,85176,76488,455130,295105,788101,76087,90575,19188,35581,922133,452109,63083,02769,37657,598—
Total current liabilities———————————————————
Long-term debt—————430491—313315338————————
Total liabilities119,45090,85981,88270,48163,56974,433114,49991,67086,88875,32963,28575,02269,517117,52893,83773,12259,75950,318—
Stockholders’ equity16,09112,60911,25611,27013,17014,00815,79214,11214,86512,56811,89613,32812,40515,92415,7619,8659,5547,1835,205
Shares outstanding (millions)718578500494365*350*358*350*290*255*231*237*237*237*—201*138*——

Cash flow statement

Annaly Capital Management. Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed Feb 18, 2022FY2020ended Dec 31, 2020filed Feb 19, 2021FY2019ended Dec 31, 2019filed Feb 14, 2020FY2018ended Dec 31, 2018filed Feb 15, 2019FY2017ended Dec 31, 2017filed Feb 16, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 24, 2010FY2008ended Dec 31, 2008filed Aug 6, 2009FY2007ended Dec 31, 2007filed Aug 6, 2009
Operating cash flow6933,3112,3675,3723,077528(1,200)2,6221,6321,581(3,643)————10,86310,8181,110525
Capital expenditures———————————————————
Free cash flow (CFO − capex)———————————————————
Depreciation and amortization———————————————————
Share repurchases———0020922400103114—141256—————
Dividends paid1,8821,4941,5181,5191,3601,4761,6891,5411,3531,2211,2091,2091,6412,1502,0411,5991,269975264

Insider activity

Form 4 filings by officers, directors and 10% owners, November 3, 2024 to November 3, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$889K
1 sales by 1 insider; officers and directors $889K
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$8M
10 sales by 4 insiders; officers and directors $8M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Nov 2, 2026Finkelstein David LCEO and Co-CIO, Directoropen-market sale10b5-148,223$18.43$889K731,267Nov 3, 2026
Aug 3, 2026Finkelstein David LCEO and Co-CIO, Directoropen-market sale10b5-150,000$22.89$1M761,012Aug 4, 2026
May 14, 2026Reeves Eric A.Directoroption exercise7,628$0.00—30,593May 18, 2026
May 4, 2026Wolfe SerenaChief Financial Officeropen-market sale10b5-116,537$22.48$372K200,964May 5, 2026
Apr 27, 2026Finkelstein David LCEO and Co-CIO, Directoropen-market sale10b5-150,000$22.88$1M783,763Apr 30, 2026
Feb 25, 2026Campbell Steven FrancisPresident and COOaward85,319$23.01$2M263,319Feb 27, 2026
Feb 25, 2026Campbell Steven FrancisPresident and COOopen-market sale10b5-126,491$22.83$605K178,000Feb 27, 2026
Feb 25, 2026Campbell Steven FrancisPresident and COOtax withholding43,556$23.01$1M219,763Feb 27, 2026
Feb 25, 2026Wolfe SerenaChief Financial Officeraward83,106$23.01$2M256,187Feb 27, 2026
Feb 25, 2026Wolfe SerenaChief Financial Officertax withholding42,427$23.01$976K213,760Feb 27, 2026
Feb 25, 2026Finkelstein David LCEO and Co-CIO, Directoraward325,797$23.01$7M1MFeb 27, 2026
Feb 25, 2026Finkelstein David LCEO and Co-CIO, Directortax withholding180,168$23.01$4M833,763Feb 27, 2026
Feb 18, 2026Finkelstein David LCEO and Co-CIO, Directoropen-market sale10b5-150,000$23.13$1M688,134Feb 19, 2026
Feb 18, 2026Wolfe SerenaChief Financial Officeropen-market sale10b5-116,536$23.14$383K173,081Feb 19, 2026
Feb 18, 2026Campbell Steven FrancisPresident and COOopen-market sale10b5-128,225$23.12$653K204,491Feb 19, 2026
Feb 1, 2026Campbell Steven FrancisPresident and COOtax withholding39,810$23.01$916K180,565Feb 3, 2026
Feb 1, 2026Campbell Steven FrancisPresident and COOaward52,151$23.01$1M232,716Feb 3, 2026
Feb 1, 2026Wolfe SerenaChief Financial Officertax withholding35,660$23.01$821K143,985Feb 3, 2026
Feb 1, 2026Wolfe SerenaChief Financial Officeraward45,632$23.01$1M189,617Feb 3, 2026
Feb 1, 2026Finkelstein David LCEO and Co-CIO, Directortax withholding139,889$23.01$3M585,158Feb 3, 2026
Feb 1, 2026Finkelstein David LCEO and Co-CIO, Directoraward152,976$23.01$4M738,134Feb 3, 2026
Nov 3, 2025Finkelstein David LCEO and Co-CIO, Directoropen-market sale10b5-150,000$21.16$1M709,725Nov 4, 2025
Nov 3, 2025Green Anthony CChief Corporate Officer, CLOopen-market sale10b5-122,499$21.15$476K178,441Nov 4, 2025
Aug 6, 2025Green Anthony CChief Corporate Officer, CLOopen-market sale10b5-122,500$20.59$463K196,959Aug 7, 2025
Aug 4, 2025Finkelstein David LCEO and Co-CIO, Directoropen-market sale10b5-150,000$20.79$1M743,430Aug 5, 2025

Full insider history for Annaly Capital Management. Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
ANNALY CAPITAL MANAGEMENT INC, CIK 1043219 on EDGAR
Extract generated
November 4, 2026
Withheld
14 line-years whose four quarters do not sum to the filed year: other income FY2009, net income FY2014, other income FY2014, pretax income FY2014, dividends FY2018, dividends FY2019, other income FY2019, dividends FY2020, opex sga FY2020, dividends FY2021, dividends FY2022, dividends FY2023, dividends FY2024, dividends FY2025
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: net income FY2018
XBRL concepts behind each line

Income statement

Revenue: not filed
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: not filed
Other income (expense): NonoperatingIncomeExpense, OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: not filed
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 4, 2026.

JSON file
/data/financials/NLY.json