Q4: 2026-01-28 Earnings Summary
EPS of $0.74 beats by $0.01
| Revenue of $366.58M (95.73% Y/Y) misses by $201.09M
Annaly Capital Management, Inc. (NLY) Q4 2025 Earnings Call January 29, 2026 9:00 AM EST
Company Participants
Sean Kensil
David Finkelstein – CEO, Co-Chief investment Officer & Director
Serena Wolfe – Chief Financial Officer
Ken Adler – Head of Mortgage Servicing Rights & Portfolio Analytics
V.S. Srinivasan – Head of Agency
Conference Call Participants
Bose George – Keefe, Bruyette, & Woods, Inc., Research Division
Jason Stewart – Compass Point Research & Trading, LLC, Research Division
Eric Hagen – BTIG, LLC, Research Division
Douglas Harter – UBS Investment Bank, Research Division
Richard Shane – JPMorgan Chase & Co, Research Division
Harsh Hemnani – Green Street Advisors, LLC, Research Division
Trevor Cranston – Citizens JMP Securities, LLC, Research Division
Presentation
Operator
Good morning, and welcome to the Fourth Quarter 2025 earnings call for Annaly Capital Management. [Operator Instructions]
Please note today’s event is being recorded. I would now like to turn the conference over to Sean Kensil, Director of Investor Relations. Please go ahead.
Sean Kensil
Good morning, and welcome to the fourth quarter 2025 earnings call for Annaly Capital Management. Any forward-looking statements made during today’s call are subject to certain risks and uncertainties, which are outlined in the Risk Factors section in our most recent annual and quarterly SEC filings. Actual events and results may differ materially from these forward-looking statements. We encourage you to read the disclaimer in our earnings release in addition to our quarterly and annual filings.
Additionally, the content of this conference call may contain time-sensitive information that is accurate only as of the date hereof. We do not undertake and specifically disclaim any obligation to update or revise this information. During this call, we may present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in our earnings release. Content referenced in today’s call can be found in our fourth quarter 2025
