Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AGNCZ SEC filings page.
This page shows AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The reported portfolio expanded rapidly, but liabilities financed most of that growth while earnings moved sharply between years.
Scale and leverage rose together: total assets increased from$68.1B in FY2021 to$115.1B in FY2025, while debt-to-equity moved from 5.6x to 8.3x. That combination describes a larger investment vehicle whose balance-sheet expansion relied increasingly on obligations relative to shareholder capital, not simply accumulated earnings.
Net income shifted from a loss of
FY2025 operating cash flow was
Financial Health Signals
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock generates $0.39 in operating cash flow ($653.0M OCF vs $1.7B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock reported $654.0M in net income in Q2 2026. This represents an increase of 567.1% from the same quarter a year earlier. Against the prior quarter it is up 541.9%.
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock earned $0.52 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 405.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock held $457.0M in cash as of Q2 2026; long-term debt is not reported for that period.
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock paid $0.36 per share in dividends in Q2 2026. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's ROE was 5.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 6.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.4 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
AGNCZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $11.0M+10.0% | $11.0M+22.2% | N/A | $10.0M+11.1% | $10.0M+11.1% | $9.0M+12.5% | N/A | $9.0M0.0% |
| Interest Expense | $709.0M+6.1% | $731.0M+6.4% | N/A | $755.0M-7.9% | $668.0M-4.3% | $687.0M+2.2% | N/A | $820.0M+26.9% |
| Net Income | $654.0M+567.1% | -$148.0M-396.0% | N/A | $806.0M+132.9% | -$140.0M-191.7% | $50.0M-88.7% | N/A | $346.0M+188.3% |
| EPS (Basic) | $0.53+411.8% | -$0.17-950.0% | $0.88+1157.1% | $0.73+87.2% | -$0.17-54.5% | $0.02-96.6% | $0.07-88.9% | $0.39+157.4% |
| EPS (Diluted) | $0.52 | -$0.17 | $0.87+1142.9% | $0.72+84.6% | -$0.17 | $0.02 | $0.07-88.9% | $0.39 |
| Diluted Shares (Avg) | 1.16B | 1.12B | N/A | 1.06B+30.4% | 1.02B | 922M | N/A | 810M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Income Tax.
AGNCZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $121.8B+19.3% | $118.9B+24.0% | $115.1B+30.7% | $109.0B+21.6% | $102.0B+28.0% | $95.9B+33.4% | $88.0B+22.9% | $89.6B+28.0% |
| Cash & Equivalents | $457.0M-30.3% | $493.0M+8.4% | $450.0M-10.9% | $450.0M-11.2% | $656.0M+23.8% | $455.0M-9.9% | $505.0M-2.5% | $507.0M+2.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $526.0M0.0% | N/A | N/A | N/A | $526.0M0.0% | N/A |
| Total Liabilities | $109.2B+19.1% | $106.7B+24.3% | $102.7B+31.2% | $97.5B+22.0% | $91.7B+29.1% | $85.8B+35.6% | $78.3B+23.5% | $79.9B+27.8% |
| Total Equity | $12.5B+21.2% | $12.2B+21.3% | $12.4B+27.0% | $11.4B+18.5% | $10.3B+19.6% | $10.0B+17.1% | $9.8B+18.2% | $9.7B+29.6% |
| Retained Earnings | -$8.9B+5.2% | -$9.1B-2.8% | -$8.5B+0.4% | -$9.0B-8.6% | -$9.4B-13.0% | -$8.9B-11.0% | -$8.6B-5.0% | -$8.3B-0.4% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
AGNCZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $218.0M+21.1% | $387.0M+101.6% | $128.0M+62.0% | $153.0M+2085.7% | $180.0M+1000.0% | $192.0M+860.0% | $79.0M+354.8% | $7.0M+113.5% |
| Stock-Based Compensation | N/A | -$6.0M-50.0% | N/A | N/A | N/A | -$4.0M-300.0% | N/A | N/A |
| Investing Cash Flow | -$2.7B+21.9% | -$2.0B+65.2% | -$11.4B-330.5% | -$5.3B+44.5% | -$3.4B+51.2% | -$5.7B-1084.0% | $4.9B+228.4% | -$9.6B+3.3% |
| Financing Cash Flow | $1.9B-44.4% | $2.2B-59.4% | $11.1B+320.3% | $5.2B-45.0% | $3.4B-52.0% | $5.5B+1196.4% | -$5.0B-217.7% | $9.5B-7.5% |
| Dividends Paid | $458.0M+16.2% | $451.0M+24.2% | $428.0M+23.0% | $416.0M+30.8% | $394.0M+34.5% | $363.0M+28.7% | $348.0M+27.9% | $318.0M+26.2% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Share Buybacks.
AGNCZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | 5.2%+6.6pp | -1.2%-1.7pp | N/A | 7.0%+3.5pp | -1.4%-0.8pp | 0.5%-4.7pp | N/A | 3.6%+8.8pp |
| Return on Assets | 0.5%+0.7pp | -0.1%-0.2pp | N/A | 0.7%+0.4pp | -0.1%-0.1pp | 0.1%-0.6pp | N/A | 0.4%+0.9pp |
| Debt-to-Equity | 8.71-0.2x | 8.76+0.2x | 8.29+0.3x | 8.52+0.2x | 8.86+0.6x | 8.55+1.2x | 8.02+0.3x | 8.28-0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Where AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock Ranks
Frequently Asked Questions
Is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock profitable?
Yes, AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) reported a net income of $1.7B in fiscal year 2025.
What is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's earnings per share (EPS)?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) reported diluted earnings per share of $1.47 for fiscal year 2025. This represents a 58.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
Does AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock pay dividends?
Yes, AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) paid $1.44 per share in dividends during fiscal year 2025.
What is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's return on equity (ROE)?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) has a return on equity of 13.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's operating cash flow?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) generated $653.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's total assets?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) had $115.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's debt-to-equity ratio?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) had a debt-to-equity ratio of 8.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's return on assets (ROA)?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) had a return on assets of 1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's Piotroski F-Score?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock's earnings high quality?
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) has an earnings quality ratio of 0.39x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.