Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AOMN SEC filings page.
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) reported $157.8M in revenue over the twelve months to Jun 30, 2026, up 24.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Reported profitability is paired with debt-heavy financing and weak cash conversion, making leverage more informative than margin expansion.
Earnings quality deteriorated sharply in FY2025: net income reached$44M while operating cash flow was-$407M , reversing FY2023's combination of$34M of profit and$306M of operating cash flow. The gap indicates that reported earnings were not converting into internally generated cash during the latest period.
The balance sheet is highly leveraged: long-term debt rose from
Scale improved reported margins without improving cash economics: revenue increased to
Financial Health Signals
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 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.
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 used $9.24 of operating cash (-$407.0M OCF vs $44.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 generated $41.4M in revenue in Q2 2026. This represents an increase of 18.0% from the same quarter a year earlier. Against the prior quarter it is up 1.7%.
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 reported $3.4M in net income in Q2 2026. This represents an increase of 337.2% from the same quarter a year earlier. Against the prior quarter it is up 145.4%.
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 earned $0.14 per diluted share (EPS) in Q2 2026. This represents an increase of 366.7% from the same quarter a year earlier. Against the prior quarter it is up 146.7%.
Not reported for Q2 2026.
Cash & Balance Sheet
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 held $48.6M in cash against $2.5B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's net profit margin was 8.1% in Q2 2026, showing the share of revenue converted to profit. This is up 5.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 26.2 percentage points.
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's ROE was 1.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
AOMN 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.4M+18.0% | $40.7M+23.8% | $39.0M+22.5% | $36.7M+33.6% | $35.1M+35.5% | $32.9M+30.4% | $31.9M+29.8% | $27.4M+14.8% |
| SG&A Expenses | $3.6M-28.4% | $5.2M+72.6% | $5.2M-5.6% | $3.2M-16.6% | $5.1M-7.0% | $3.0M-35.9% | $5.5M-61.3% | $3.8M+178.9% |
| Interest Expense | $30.7M+21.9% | $28.6M+25.5% | $28.1M+27.9% | $26.5M+43.7% | $25.2M+53.0% | $22.8M+37.0% | $22.0M+34.9% | $18.4M+11.7% |
| Income Tax | $0 | $0 | $45K | $307K-89.2% | $0-100.0% | $0-100.0% | $0-100.0% | $2.8M |
| Net Income | $3.4M+337.2% | -$7.4M-135.9% | $11.3M+175.2% | $11.4M-63.4% | $767K+381.0% | $20.5M+59.5% | -$15.1M-152.6% | $31.2M+277.2% |
| EPS (Basic) | $0.14+366.7% | -$0.30-134.1% | $0.45+173.8% | $0.49-62.6% | $0.03+400.0% | $0.88+69.2% | -$0.61-152.6% | $1.31+297.0% |
| EPS (Diluted) | $0.14+366.7% | -$0.30-134.5% | $0.44+174.6% | $0.46-64.3% | $0.03+400.0% | $0.87+70.6% | -$0.59-151.3% | $1.29+290.9% |
| Diluted Shares (Avg) | 24M+2.6% | 25M+4.7% | N/A | 25M+2.0% | 24M-4.1% | 24M-5.3% | N/A | 24M-3.5% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
AOMN 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 | $3.0B+17.1% | $2.8B+5.0% | $2.7B+21.1% | $2.6B+14.5% | $2.6B+20.8% | $2.7B+18.9% | $2.3B-1.7% | $2.3B+0.4% |
| Cash & Equivalents | $48.6M+20.1% | $42.0M+8.4% | $41.6M+2.1% | $51.6M+22.7% | $40.5M-7.9% | $38.7M-1.8% | $40.8M-2.1% | $42.1M+0.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.8B+19.4% | $2.6B+5.3% | $2.5B+22.2% | $2.4B+16.4% | $2.3B+24.2% | $2.4B+21.9% | $2.0B-1.0% | $2.0B-1.2% |
| Long-Term Debt | $2.5B | $2.4B | $2.3B+25.0% | $2.2B | N/A | N/A | $1.8B | N/A |
| Total Equity | $234.9M-4.7% | $256.9M+2.2% | $267.5M+11.9% | $264.2M-0.4% | $246.4M-3.7% | $251.5M-4.5% | $239.0M-6.7% | $265.1M+14.4% |
| Retained Earnings | -$225.6M-6.0% | -$221.4M-7.6% | -$206.0M+5.9% | -$209.2M-6.8% | -$212.8M+3.1% | -$205.9M+2.6% | -$218.8M-1.2% | -$195.9M+17.3% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
AOMN 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 | -$81.9M-496.8% | -$143.7M+28.8% | -$52.5M-109.3% | -$173.4M+18.4% | $20.6M+185.3% | -$201.7M-601.6% | -$25.1M+47.0% | -$212.4M-444.1% |
| Depreciation & Amortization | $0+100.0% | $0+100.0% | $0+100.0% | $0+100.0% | -$23K+91.1% | -$38K+83.0% | -$17K+93.5% | -$65K+88.0% |
| Stock-Based Compensation | $423K+42.9% | $423K+78.5% | N/A | $398K-34.1% | $296K-53.0% | $237K-62.4% | N/A | $604K+35.1% |
| Investing Cash Flow | $29.8M-57.5% | $403K+100.5% | -$7.2M-120.9% | $26.7M-72.6% | $70.1M+1223.0% | -$75.9M-1474.3% | $34.5M+333.4% | $97.1M-30.0% |
| Financing Cash Flow | $60.5M+167.4% | $141.7M-49.1% | $51.6M+558.1% | $155.8M+36.7% | -$89.8M-361.7% | $278.2M+838.3% | -$11.3M-117.7% | $113.9M+150.3% |
| Dividends Paid | $7.4M-2.5% | $8.0M+6.0% | $8.0M+6.0% | $7.8M+4.2% | $7.6M-4.9% | $7.5M-5.9% | $7.5M-5.8% | $7.5M-5.8% |
| Share Buybacks | N/A | N/A | $0 | $0 | N/A | N/A | $0 | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
AOMN 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 |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 8.1%+5.9pp | -18.1%-80.6pp | 29.0%+76.2pp | 31.1% | 2.2%+3.2pp | 62.5%+11.4pp | -47.2% | 113.7% |
| Return on Equity | 1.4%+1.1pp | -2.9%-11.0pp | 4.2%+10.5pp | 4.3%-7.4pp | 0.3%+0.4pp | 8.2%+3.3pp | -6.3%-17.5pp | 11.8%+8.2pp |
| Return on Assets | 0.1%+0.1pp | -0.3%-1.0pp | 0.4%+1.1pp | 0.4%-0.9pp | 0.0%0.0pp | 0.8%+0.2pp | -0.7%-1.9pp | 1.4%+1.0pp |
| Debt-to-Equity | 10.62+1.2x | 9.41-0.2x | 8.51+0.9x | 8.37+0.7x | 9.37+2.1x | 9.64+2.1x | 7.62-0.4x | 7.69-1.2x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Where Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 Ranks
Frequently Asked Questions
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's annual revenue?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) reported $143.7M in total revenue for fiscal year 2025. This represents a 30.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's revenue growing?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) revenue grew by 30.1% year-over-year, from $110.4M to $143.7M in fiscal year 2025.
Is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 profitable?
Yes, Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) reported a net income of $44.0M in fiscal year 2025, with a net profit margin of 30.6%.
How much debt does Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 have?
As of fiscal year 2025, Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) had $41.6M in cash and equivalents against $2.3B in long-term debt.
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's net profit margin?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) had a net profit margin of 30.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's return on equity (ROE)?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) has a return on equity of 16.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's operating cash flow?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) recorded an outflow of $407.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's total assets?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) had $2.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's debt-to-equity ratio?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) had a debt-to-equity ratio of 8.51 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's return on assets (ROA)?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) held $41.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $407.0M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's Piotroski F-Score?
Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) has a Piotroski F-Score of 3 out of 7 computable signals; 2 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 Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029's earnings high quality?
For every $1 of reported earnings, Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) used $9.24 of operating cash (-$407.0M OCF vs $44.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.