AGNC financial statements

The full income statement, balance sheet, and cash-flow statement for AGNC Investment Corp. (AGNC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 782.5M2024-09 885.6M2024-12 900.4M2025-03 1.02B2025-06 1.04B2025-09 1.07B2025-12 1.11B2026-03 1.15B2026-06 1.19B+51.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	127M YoY+15.5%	110M YoY+14.6%	96.0M YoY+29.7%	74.0M YoY-15.9%	88.0M YoY-5.4%
Selling, general & administrative	40.0M YoY+11.1%	36.0M YoY+5.9%	34.0M YoY+3.0%	33.0M YoY-2.9%	34.0M YoY-8.1%
General & administrative	40.0M YoY+11.1%	36.0M YoY+5.9%	34.0M YoY+3.0%	33.0M YoY-2.9%	34.0M YoY-8.1%
Interest expense	—	—	2.29B YoY+265.9%	625M YoY+733.3%	75.0M YoY-88.9%
Interest & investment income	3.52B YoY+19.5%	2.95B YoY+44.5%	2.04B YoY+28.4%	1.59B	—
Net interest income	675M YoY+3650.0%	18.0M YoY+107.3%	-246M YoY-125.5%	965M YoY-25.0%	1.29B YoY+52.2%
Other non-operating income	1.12B YoY+17.5%	955M YoY+92.2%	497M YoY+123.9%	-2.08B YoY-363.5%	-449M YoY+55.9%
	1.67B YoY+93.5%	863M YoY+456.8%	155M YoY+113.0%	-1.19B YoY-258.9%	749M YoY+381.6%
Net income to common	1.51B YoY+106.4%	731M YoY+2184.4%	32.0M YoY+102.5%	-1.29B YoY-299.5%	649M YoY+279.3%
	$1.47 YoY+58.1%	$0.93 YoY+1760.0%	$0.05 YoY+102.1%	-$2.41 YoY-297.5%	$1.22 YoY+284.8%
EPS (basic)	$1.48 YoY+59.1%	$0.93 YoY+1760.0%	$0.05 YoY+102.1%	-$2.41 YoY-295.9%	$1.23 YoY+286.4%
	1.02B YoY+30.2%	783M YoY+26.7%	618M YoY+15.2%	537M YoY+1.7%	528M YoY-4.3%
	1.02B YoY+30.2%	786M YoY+26.9%	620M YoY+15.4%	537M YoY+1.3%	530M YoY-3.9%
Dividends per share	$1.44 YoY+0.0%	$1.44 YoY+0.0%	$1.44 YoY+0.0%	$1.44 YoY+0.0%	$1.44 YoY-16.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	450M YoY-10.9%	505M YoY-2.5%	518M YoY-49.1%	1.02B YoY+2.0%	998M YoY-1.9%
	115B YoY+30.7%	88.0B YoY+22.9%	71.6B YoY+38.4%	51.7B YoY-24.1%	68.1B YoY-16.7%
Goodwill	526M YoY+0.0%	526M YoY+0.0%	526M YoY+0.0%	526M YoY+0.0%	526M YoY+0.0%
Total liabilities	103B YoY+31.2%	78.3B YoY+23.5%	63.3B YoY+44.4%	43.9B YoY-24.2%	57.9B YoY-18.2%
	12.4B YoY+27.0%	9.76B YoY+18.2%	8.26B YoY+4.9%	7.87B YoY-23.5%	10.3B YoY-7.1%
Preferred stock	1.97B YoY+20.4%	1.63B YoY+0.0%	1.63B YoY+0.0%	1.63B YoY+9.7%	1.49B YoY+0.0%
Common stock	11.0M YoY+22.2%	9.00M YoY+28.6%	7.00M YoY+16.7%	6.00M YoY+20.0%	5.00M YoY+0.0%
Additional paid-in capital	19.3B YoY+11.6%	17.3B YoY+13.0%	15.3B YoY+7.7%	14.2B YoY+3.5%	13.7B YoY-1.9%
Retained earnings	-8.52B YoY+0.4%	-8.55B YoY-5.0%	-8.15B YoY-11.9%	-7.28B YoY-39.7%	-5.21B YoY-2.1%
Accumulated other comprehensive income	-323M YoY+45.3%	-591M YoY-14.3%	-517M YoY+23.1%	-672M YoY-323.3%	301M YoY-58.1%
Total liabilities & equity	115B YoY+30.7%	88.0B YoY+22.9%	71.6B YoY+38.4%	51.7B YoY-24.1%	68.1B YoY-16.7%
	1.11B YoY+23.4%	897M YoY+29.3%	694M YoY+20.8%	575M YoY+10.0%	522M YoY-3.2%
	1.11B YoY+23.4%	897M YoY+29.3%	694M YoY+20.8%	575M YoY+10.0%	522M YoY-3.2%
	1.11B YoY+23.1%	900M YoY+29.6%	695M YoY+20.9%	575M YoY+10.0%	522M YoY-2.9%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	653M YoY+659.3%	86.0M YoY+172.9%	-118M YoY-111.6%	1.01B YoY-34.2%	1.54B YoY-11.8%
Share-based compensation	26.0M YoY+44.4%	18.0M YoY+63.6%	11.0M YoY+450.0%	2.00M YoY-89.5%	19.0M YoY+5.6%
	-25.9B YoY-131.6%	-11.2B YoY+23.9%	-14.7B YoY-231.1%	11.2B YoY+191.7%	3.84B YoY-89.5%
Acquisitions	0.00	0.00	0.00	0.00	0.00
	25.2B YoY+127.2%	11.1B YoY-22.1%	14.2B YoY+224.9%	-11.4B YoY-84.5%	-6.17B YoY+83.4%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	1.97B YoY+0.3%	1.97B YoY+81.3%	1.08B YoY+106.3%	526M	0.00 YoY-100.0%
Common stock repurchased	0.00	0.00	0.00 YoY-100.0%	51.0M YoY-81.9%	281M YoY-25.7%
Dividends paid	1.60B YoY+29.0%	1.24B YoY+23.5%	1.00B YoY+15.7%	869M YoY+1.0%	860M YoY-11.3%
Interest paid	2.79B YoY-3.7%	2.90B YoY+29.1%	2.25B YoY+303.2%	557M YoY+525.8%	89.0M YoY-89.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	11.9B YoY+43.3%	8.29B YoY+26.0%	6.58B YoY+11.3%	5.92B YoY-24.7%	7.85B YoY-6.4%
P/E	7.1× YoY-25.9%	9.6× YoY-55.6%	21.7×	—	10.5×
P/S	15.4× YoY+43.3%	10.8× YoY+26.0%	8.5× YoY+11.3%	7.7× YoY-24.7%	10.2× YoY-6.4%
P/B	1.0× YoY+12.9%	0.8× YoY-3.9%	0.9× YoY+7.9%	0.8× YoY+7.3%	0.8× YoY+0.8%
	14.1% YoY+35.0%	10.4% YoY+125.4%	4.6%	—	9.5%
	13.4% YoY-14.1%	15.6% YoY+6.5%	14.7% YoY+5.5%	13.9% YoY+45.3%	9.6% YoY-13.2%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: AGNC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AGNC filings on SEC EDGAR → Not investment advice.