How AGNC Investment makes money

Period

FY2019

How does AGNC Investment make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

AGNC Investment Corp. · FY2019 · year ended 2019-12-31

Revenue$771MGross profit$771M · 100%Cost of revenue$0 · 0%Operating income$688M · 89%Operating expenses$83M · 11%SG&A$36M · 5%Other opex$47M · 6%Net income$688M · 89%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.