What is AGNC INVT Corp's earnings per share (EPS)?

AGNC INVT Corp (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.

AGNC INVT Corp (AGNCZ) Financials

AGNCZ

FY2025 annual

Revenue Not reported for FY2025

Net Income $1.7B +93.5% YoY

EPS (Diluted) $1.47 +58.1% YoY

Operating Cash Flow $653.0M +659.3% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 31, 2026 Currency USD FYE December

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 INVT Corp (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).

Rhea AI AGNCZ FY2025 2026-08-29

AGNC’s dominant mechanic is balance-sheet expansion funded by rising leverage, with cash generation lagging reported earnings.

Assets expanded to $115.1B by FY2025, making the platform materially larger than its FY2021 base without relying on revenue-based analysis. Over the same span, debt-to-equity rose from 5.6x to 8.3x, showing that expansion was financed predominantly through liabilities rather than proportionate equity growth.

FY2025 net income of $1.7B converted into only $653M of operating cash flow, making accounting earnings a poor proxy for cash available from operations in that year. Dividends of $1.6B exceeded operating cash flow, while financing supplied $25.2B; this links distributions and asset growth to capital-market funding rather than internally generated cash.

FY2025 ROA was 1.5% versus ROE of 13.5%; the wide spread indicates leverage magnified a modest return on the asset base for equity holders. That structure makes financing costs a central operating variable, rather than a peripheral expense, as interest expense reached $2.8B against $1.7B of net income.

Financial Health Signals

Financial health score not available

AGNC INVT Corp 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.

Piotroski F-Score Partial

3/5

AGNC INVT Corp 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).

Earnings Quality Low Quality

0.39x

For every $1 of reported earnings, AGNC INVT Corp 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

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Earnings & Revenue

Net Income

$654.0M

YoY+567.1%

QoQ+541.9%

AGNC INVT Corp 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%.

EPS (Diluted)

$0.52

QoQ+405.9%

AGNC INVT Corp earned $0.52 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 405.9%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$457.0M

YoY-30.3%

QoQ-7.3%

5Y CAGR-13.6%

10Y CAGR-8.7%

AGNC INVT Corp held $457.0M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.36

QoQ0.0%

5Y CAGR0.0%

10Y CAGR-5.0%

AGNC INVT Corp paid $0.36 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding

1.19B

QoQ+3.3%

5Y CAGR+17.7%

10Y CAGR+13.6%

AGNC INVT Corp had 1.19B shares outstanding in Q2 2026. Against the prior quarter it is up 3.3%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Return on Equity

5.2%

YoY+6.6pp

QoQ+6.4pp

AGNC INVT Corp'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.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

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.

AGNCZ quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
SG&A Expenses	N/A	$40.0M+11.1%	$36.0M+5.9%	$34.0M+3.0%	$33.0M-2.9%	$34.0M-8.1%	$37.0M+2.8%	$36.0M-34.5%	$55.0M+77.4%	$31.0M-8.8%	$34.0M+47.8%	$23.0M+4.5%	$22.0M-31.3%	$32.0M+3.2%	$31.0M+63.2%	$19.0M
Interest Expense	N/A	$2.8B-2.8%	$2.9B+28.2%	$2.3B+265.9%	$625.0M+733.3%	$75.0M-88.9%	$674.0M-68.6%	$2.1B+83.2%	$1.2B+123.9%	$524.0M+33.0%	$394.0M+19.4%	$330.0M-11.3%	$372.0M-30.6%	$536.0M+4.7%	$512.0M+79.6%	$285.0M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$10.0M+266.7%	-$6.0M-250.0%	$4.0M
Net Income	N/A	$1.7B+93.5%	$863.0M+456.8%	$155.0M+113.0%	-$1.2B-258.9%	$749.0M+381.6%	-$266.0M-138.7%	$688.0M+433.3%	$129.0M-83.3%	$771.0M+23.8%	$623.0M+189.8%	$215.0M+192.3%	-$233.0M-118.5%	$1.3B-1.4%	$1.3B+65.8%	$770.0M
EPS (Basic)	N/A	$1.48+59.1%	$0.93+1760.0%	$0.05+102.1%	-$2.41-295.9%	$1.23+286.4%	-$0.66-156.9%	$1.16+452.4%	$0.21-89.7%	$2.04+14.0%	$1.79	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$1.94	$1.47+58.1%	$0.93	$0.05	-$2.41-297.5%	$1.22	-$0.66-156.9%	$1.16+452.4%	$0.21	$2.04+14.0%	$1.79	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	1.02B+30.2%	786M	620M	537M+1.3%	530M	552M+1.9%	541M+22.7%	441M	359M+8.1%	332M-4.8%	349M	N/A	N/A	N/A	N/A

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

AGNCZ quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$115.1B+30.7%	$88.0B+22.9%	$71.6B+38.4%	$51.7B-24.1%	$68.1B-16.7%	$81.8B-27.6%	$113.1B+3.5%	$109.2B+55.2%	$70.4B+23.7%	$56.9B-0.2%	$57.0B-15.9%	$67.8B-11.1%	$76.3B-24.1%	$100.5B+73.3%	$58.0B
Cash & Equivalents	$450.0M-10.9%	$505.0M-2.5%	$518.0M-49.1%	$1.0B+2.0%	$998.0M-1.9%	$1.0B+22.4%	$831.0M-9.8%	$921.0M-12.0%	$1.0B-13.4%	$1.2B+8.8%	$1.1B-35.5%	$1.7B-19.7%	$2.1B-11.8%	$2.4B+77.8%	$1.4B
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M0.0%	$526.0M	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$102.7B+31.2%	$78.3B+23.5%	$63.3B+44.4%	$43.9B-24.2%	$57.9B-18.2%	$70.7B-30.7%	$102.0B+2.7%	$99.3B+61.2%	$61.6B+24.4%	$49.5B+1.0%	$49.0B-15.9%	$58.3B-13.6%	$67.6B-24.6%	$89.6B+73.0%	$51.8B
Total Equity	$12.4B+27.0%	$9.8B+18.2%	$8.3B+4.9%	$7.9B-23.5%	$10.3B-7.1%	$11.1B+0.3%	$11.0B+11.5%	$9.9B+13.2%	$8.8B+19.0%	$7.4B-7.7%	$8.0B-15.5%	$9.4B+8.4%	$8.7B-20.2%	$10.9B+75.4%	$6.2B
Retained Earnings	-$8.5B+0.4%	-$8.6B-5.0%	-$8.1B-11.9%	-$7.3B-39.7%	-$5.2B-2.1%	-$5.1B-31.4%	-$3.9B-13.2%	-$3.4B-34.0%	-$2.6B-1.7%	-$2.5B-7.1%	-$2.4B-40.4%	-$1.7B-236.8%	-$497.0M-72.0%	-$289.0M-660.5%	-$38.0M

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

AGNCZ quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$886.0M	$653.0M+659.3%	$86.0M+172.9%	-$118.0M-111.6%	$1.0B-34.2%	$1.5B-11.8%	$1.7B+48.1%	$1.2B+6.0%	$1.1B-11.7%	$1.3B-6.8%	$1.4B-5.3%	$1.4B-12.0%	$1.6B-35.1%	$2.5B+7.8%	$2.3B+116.9%	$1.1B
Stock-Based Compensation	N/A	$26.0M+44.4%	$18.0M+63.6%	$11.0M+450.0%	$2.0M-89.5%	$19.0M+5.6%	$18.0M+38.5%	$13.0M+116.7%	$6.0M+50.0%	$4.0M+300.0%	$1.0M	$0	$0-100.0%	$383K+35.8%	$282K+60.2%	$176K
Investing Cash Flow	-$21.4B	-$25.9B-131.6%	-$11.2B+23.9%	-$14.7B-231.1%	$11.2B+191.7%	$3.8B-89.5%	$36.5B+356.9%	-$14.2B+49.1%	-$27.9B-152.6%	-$11.1B-445.5%	$3.2B-21.8%	$4.1B-66.9%	$12.3B+39.1%	$8.9B+128.5%	-$31.2B+21.2%	-$39.6B
Financing Cash Flow	$20.4B	$25.2B+127.2%	$11.1B-22.1%	$14.2B+224.9%	-$11.4B-84.5%	-$6.2B+83.4%	-$37.2B-390.9%	$12.8B-52.6%	$27.0B+173.0%	$9.9B+274.5%	-$5.7B+7.6%	-$6.1B+57.4%	-$14.4B-23.4%	-$11.7B-139.0%	$29.9B-24.6%	$39.7B
Dividends Paid	$1.8B	$1.6B+29.0%	$1.2B+23.5%	$1.0B+15.7%	$869.0M+1.0%	$860.0M-11.3%	$970.0M-14.8%	$1.1B+16.9%	$974.0M+22.5%	$795.0M-0.5%	$799.0M-11.4%	$902.0M-17.6%	$1.1B-34.1%	$1.7B+17.2%	$1.4B+113.1%	$664.0M
Share Buybacks	N/A	N/A	$0	$0-100.0%	$51.0M-81.9%	$281.0M-25.7%	$378.0M+267.0%	$103.0M	$0	$0-100.0%	$116.0M-59.3%	$285.0M+285.1%	$74.0M-91.4%	$856.0M+1011.7%	$77.0M	$0

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.

AGNCZ quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Return on Equity	13.5%+4.6pp	8.8%+7.0pp	1.9%+17.0pp	-15.1%-22.4pp	7.3%+9.7pp	-2.4%-8.6pp	6.2%+4.9pp	1.3%-7.5pp	8.8%+0.3pp	8.5%+5.8pp	2.7%+5.2pp	-2.5%-17.0pp	14.5%+2.8pp	11.7%-0.7pp	12.4%
Return on Assets	1.5%+0.5pp	1.0%+0.8pp	0.2%+2.5pp	-2.3%-3.4pp	1.1%+1.4pp	-0.3%-0.9pp	0.6%+0.5pp	0.1%-1.0pp	1.1%0.0pp	1.1%+0.7pp	0.4%+0.7pp	-0.3%-2.0pp	1.7%+0.4pp	1.3%-0.1pp	1.3%
Debt-to-Equity	8.29+0.3x	8.02+0.3x	7.67+2.1x	5.580.0x	5.62-0.8x	6.38-2.9x	9.24-0.8x	10.03+3.0x	7.04+0.3x	6.73+0.6x	6.150.0x	6.19-1.6x	7.77-0.5x	8.22-0.1x	8.33

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 INVT Corp Ranks

Frequently Asked Questions

Is AGNC INVT Corp profitable?

Yes, AGNC INVT Corp (AGNCZ) reported a net income of $1.7B in fiscal year 2025.

Does AGNC INVT Corp pay dividends?

Yes, AGNC INVT Corp (AGNCZ) paid $1.44 per share in dividends during fiscal year 2025.

What is AGNC INVT Corp's return on equity (ROE)?

AGNC INVT Corp (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 INVT Corp's operating cash flow?

AGNC INVT Corp (AGNCZ) generated $653.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are AGNC INVT Corp's total assets?

AGNC INVT Corp (AGNCZ) had $115.1B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does AGNC INVT Corp have outstanding?

AGNC INVT Corp (AGNCZ) had 1.11B shares outstanding as of fiscal year 2025.

What is AGNC INVT Corp's debt-to-equity ratio?

AGNC INVT Corp (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 INVT Corp's return on assets (ROA)?

AGNC INVT Corp (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 INVT Corp's Piotroski F-Score?

AGNC INVT Corp (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 INVT Corp's earnings high quality?

AGNC INVT Corp (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.