Mfa Financial annual operating expenses
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Mfa Financial Operating Expenses Growth & History (MFA)
Mfa Financial's operating expenses was $155.1M for fiscal 2025.
View full Mfa Financial company overviewMfa Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $155.1M | −$15.4M | −9.01% |
| 2024 | 2024-12-31 | $170.4M | $2.4M | +1.43% |
| 2023 | 2023-12-31 | $168.0M | $3.2M | +1.94% |
| 2022 | 2022-12-31 | $164.8M | $44.6M | +37.13% |
| 2021 | 2021-12-31 | $120.2M | −$21.3M | −15.07% |
| 2020 | 2020-12-31 | $141.5M | $47.0M | +49.69% |
| 2019 | 2019-12-31 | $94.5M | $15.7M | +19.84% |
| 2018 | 2018-12-31 | $78.9M | $7.0M | +9.72% |
| 2017 | 2017-12-31 | $71.9M | $11.9M | +19.87% |
| 2016 | 2016-12-31 | $60.0M | $7.6M | +14.41% |
| 2015 | 2015-12-31 | $52.4M | $7.1M | +15.76% |
| 2014 | 2014-12-31 | $45.3M | $7.3M | +19.28% |
| 2013 | 2013-12-31 | $38.0M | −$3.1M | −7.55% |
| 2012 | 2012-12-31 | $41.1M | $9.9M | +31.72% |
| 2011 | 2011-12-31 | $31.2M | $4.9M | +18.44% |
| 2010 | 2010-12-31 | $26.3M | $3.3M | +14.22% |
| 2009 | 2009-12-31 | $23.0M | $4.2M | +22.04% |
| 2008 | 2008-12-31 | $18.9M | — | — |
Mfa Financial quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $41.5M | $2.2M | +5.61% |
| Q1 2026 | 2026-03-31 | $44.5M | $2.9M | +7.05% |
| Q4 2025 | 2025-12-31 | $34.7M | −$5.2M | −13.02% |
| Q3 2025 | 2025-09-30 | $39.5M | −$3.7M | −8.53% |
| Q2 2025 | 2025-06-30 | $39.3M | −$2.8M | −6.62% |
| Q1 2025 | 2025-03-31 | $41.6M | −$3.7M | −8.18% |
| Q4 2024 | 2024-12-31 | $39.9M | −$336,000 | −0.84% |
| Q3 2024 | 2024-09-30 | $43.1M | −$765,000 | −1.74% |
| Q2 2024 | 2024-06-30 | $42.1M | −$92,000 | −0.22% |
| Q1 2024 | 2024-03-31 | $45.3M | $3.6M | +8.64% |
| Q4 2023 | 2023-12-31 | $40.2M | $6.0M | +17.45% |
| Q3 2023 | 2023-09-30 | $43.9M | $1.4M | +3.25% |
| Q2 2023 | 2023-06-30 | $42.2M | −$3.9M | −8.48% |
| Q1 2023 | 2023-03-31 | $41.7M | −$252,000 | −0.60% |
| Q4 2022 | 2022-12-31 | $34.2M | −$7.2M | −17.39% |
| Q3 2022 | 2022-09-30 | $42.5M | $9.1M | +27.11% |
| Q2 2022 | 2022-06-30 | $46.1M | $23.3M | +102.44% |
| Q1 2022 | 2022-03-31 | $42.0M | $19.4M | +86.23% |
| Q4 2021 | 2021-12-31 | $41.4M | $20.9M | +102.09% |
| Q3 2021 | 2021-09-30 | $33.5M | $6.2M | +22.74% |
| Q2 2021 | 2021-06-30 | $22.8M | −$41.8M | −64.71% |
| Q1 2021 | 2021-03-31 | $22.5M | −$6.7M | −22.91% |
| Q4 2020 | 2020-12-31 | $20.5M | −$3.9M | −15.98% |
| Q3 2020 | 2020-09-30 | $27.3M | $3.9M | +16.59% |
| Q2 2020 | 2020-06-30 | $64.5M | $41.2M | +176.63% |
| Q1 2020 | 2020-03-31 | $29.2M | $5.8M | +24.70% |
| Q4 2019 | 2019-12-31 | $24.4M | $3.3M | +15.65% |
| Q3 2019 | 2019-09-30 | $23.4M | $3.6M | +18.20% |
| Q2 2019 | 2019-06-30 | $23.3M | $2.8M | +13.53% |
| Q1 2019 | 2019-03-31 | $23.4M | $6.0M | +34.19% |
| Q4 2018 | 2018-12-31 | $21.1M | $4.3M | +25.60% |
| Q3 2018 | 2018-09-30 | $19.8M | −$1.4M | −6.47% |
| Q2 2018 | 2018-06-30 | $20.5M | $3.0M | +17.24% |
| Q1 2018 | 2018-03-31 | $17.5M | $1.0M | +6.31% |
| Q4 2017 | 2017-12-31 | $16.8M | $1.1M | +6.97% |
| Q3 2017 | 2017-09-30 | $21.1M | $6.2M | +41.43% |
| Q2 2017 | 2017-06-30 | $17.5M | $2.7M | +17.89% |
| Q1 2017 | 2017-03-31 | $16.4M | $2.0M | +13.61% |
| Q4 2016 | 2016-12-31 | $15.7M | $1.4M | +9.88% |
| Q3 2016 | 2016-09-30 | $15.0M | $2.0M | +15.08% |
| Q2 2016 | 2016-06-30 | $14.9M | $1.9M | +14.89% |
| Q1 2016 | 2016-03-31 | $14.5M | $2.3M | +18.50% |
| Q4 2015 | 2015-12-31 | $14.3M | $1.6M | +12.31% |
| Q3 2015 | 2015-09-30 | $13.0M | $2.6M | +24.83% |
| Q2 2015 | 2015-06-30 | $12.9M | $1.3M | +10.76% |
| Q1 2015 | 2015-03-31 | $12.2M | $1.7M | +16.53% |
| Q4 2014 | 2014-12-31 | $12.7M | $4.8M | +60.82% |
| Q3 2014 | 2014-09-30 | $10.4M | −$349,000 | −3.24% |
| Q2 2014 | 2014-06-30 | $11.7M | $838,000 | +7.73% |
| Q1 2014 | 2014-03-31 | $10.5M | $2.0M | +23.87% |
| Q4 2013 | 2013-12-31 | $7.9M | −$7.7M | −49.40% |
| Q3 2013 | 2013-09-30 | $10.8M | $2.1M | +24.38% |
| Q2 2013 | 2013-06-30 | $10.8M | $2.5M | +29.63% |
| Q1 2013 | 2013-03-31 | $8.5M | $38,000 | +0.45% |
| Q4 2012 | 2012-12-31 | $15.6M | $8.8M | +128.86% |
| Q3 2012 | 2012-09-30 | $8.7M | −$95,000 | −1.09% |
| Q2 2012 | 2012-06-30 | $8.4M | $356,000 | +4.44% |
| Q1 2012 | 2012-03-31 | $8.4M | $824,000 | +10.85% |
| Q4 2011 | 2011-12-31 | $6.8M | $329,000 | +5.06% |
| Q3 2011 | 2011-09-30 | $8.7M | $2.3M | +36.32% |
| Q2 2011 | 2011-06-30 | $8.0M | $1.3M | +18.88% |
| Q1 2011 | 2011-03-31 | $7.6M | $924,000 | +13.86% |
| Q4 2010 | 2010-12-31 | $6.5M | — | — |
| Q3 2010 | 2010-09-30 | $6.4M | $548,000 | +9.34% |
| Q2 2010 | 2010-06-30 | $6.7M | $695,000 | +11.50% |
| Q1 2010 | 2010-03-31 | $6.7M | — | — |
| Q3 2009 | 2009-09-30 | $5.9M | — | — |
| Q2 2009 | 2009-06-30 | $6.0M | — | — |
Mfa Financial operating expenses trends
Over the last five fiscal years, Mfa Financial's operating expenses increased from $141.5M to $155.1M, a change of $13.5M. The latest reported quarter, Q2 2026, shows $41.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mfa Financial source filings ↗