Angel Oak Mortgage REIT Inc (AOMR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
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 AOMR SEC filings page.
Angel Oak Mortgage REIT Inc (AOMR) 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).
Mortgage-portfolio growth is being financed with heavier leverage, while reported earnings remain disconnected from operating cash generation.
Positive net income does not translate into operating cash: FY2025 produced$44M of profit alongside-$407M of operating cash flow, after-$221M in FY2024. That reversal indicates that balance-sheet deployment and portfolio funding, rather than accounting earnings alone, dominate cash movement.
The latest expansion is balance-sheet intensive: assets rose to
FY2025 revenue reached
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Angel Oak Mortgage REIT Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Angel Oak Mortgage REIT Inc scores 52/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Angel Oak Mortgage REIT Inc scores 73/100 on it among other REITs.
Not available for Angel Oak Mortgage REIT Inc, and counted as zero in the overall score.
Not available for Angel Oak Mortgage REIT Inc, and counted as zero in the overall score.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Angel Oak Mortgage REIT Inc scores 55/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Angel Oak Mortgage REIT Inc scores 50/100 on it among other REITs.
Angel Oak Mortgage REIT Inc 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 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 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 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 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 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'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'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.
AOMR 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.
AOMR 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.
AOMR 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.
AOMR 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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Angel Oak Mortgage REIT Inc AOMR | FY2025 | $143.7M | $44.0M | 30.6% | $188.0M | 38/100 |
| TPG Mortgage Investment Trust Inc MITT | FY2025 | N/A | $48.7M | N/A | $212.4M | — |
| Chicago Atlantic Real Estate Finance, Inc. REFI | FY2025 | N/A | $36.0M | N/A | $275.7M | — |
| Ares Coml Real Estate Corp ACRE | FY2025 | $54.8M | -$902K | -1.6% | $246.9M | 6/100 |
| Seven Hills Realty Trust SEVN | FY2025 | $29.4M | $15.4M | 52.5% | $167.0M | 36/100 |
| Acres Commercial Realty Corp ACR | FY2025 | $79.9M | $28.0M | 35.0% | $98.6M | 30/100 |
Where Angel Oak Mortgage REIT Inc Ranks
Frequently Asked Questions
What is Angel Oak Mortgage REIT Inc's annual revenue?
Angel Oak Mortgage REIT Inc (AOMR) 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's revenue growing?
Angel Oak Mortgage REIT Inc (AOMR) revenue grew by 30.1% year-over-year, from $110.4M to $143.7M in fiscal year 2025.
Is Angel Oak Mortgage REIT Inc profitable?
Yes, Angel Oak Mortgage REIT Inc (AOMR) 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 have?
As of fiscal year 2025, Angel Oak Mortgage REIT Inc (AOMR) had $41.6M in cash and equivalents against $2.3B in long-term debt.
What is Angel Oak Mortgage REIT Inc's net profit margin?
Angel Oak Mortgage REIT Inc (AOMR) 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's return on equity (ROE)?
Angel Oak Mortgage REIT Inc (AOMR) 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's operating cash flow?
Angel Oak Mortgage REIT Inc (AOMR) 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's total assets?
Angel Oak Mortgage REIT Inc (AOMR) 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's debt-to-equity ratio?
Angel Oak Mortgage REIT Inc (AOMR) 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's return on assets (ROA)?
Angel Oak Mortgage REIT Inc (AOMR) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Angel Oak Mortgage REIT Inc's P/E ratio?
Angel Oak Mortgage REIT Inc (AOMR) trades at 10.1x earnings, its market capitalization divided by net income of $18.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $188.0M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Angel Oak Mortgage REIT Inc's price-to-sales ratio?
Angel Oak Mortgage REIT Inc (AOMR) trades at 1.2x sales, its market capitalization divided by revenue of $157.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $188.0M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Angel Oak Mortgage REIT Inc's Piotroski F-Score?
Angel Oak Mortgage REIT Inc (AOMR) 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's earnings high quality?
For every $1 of reported earnings, Angel Oak Mortgage REIT Inc (AOMR) 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.
How financially healthy is Angel Oak Mortgage REIT Inc?
Angel Oak Mortgage REIT Inc (AOMR) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.