In Q2 fiscal 2026 (the quarter ended June 30, 2026), Annaly Capital Management's largest business segment was Agency, with $1.10 billion or 61% of revenue, up 20.7% from a year earlier. Next: Residential Credit (39%).
By product or service, Bank Servicing brought in 85% and Interests In Mortgage Servicing Rights brought in 15% of revenue in Q3 fiscal 2021.
The fastest-growing business segment from a year earlier was Residential Credit (+40.5%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q2 fiscal 2018.

Fiscal quarters, from company filings
| Business segment | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Agency | $1.1B | $1.1B | $992.6M | $913.3M | 61% |
| Residential Credit | $710.0M | $630.6M | $539.9M | $505.5M | 39% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Product or service | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q3 FY20 | Share |
|---|---|---|---|---|---|
| Bank Servicing | $14.9M | $7.9M | $6.9M | $15.1M | 85% |
| Interests In Mortgage Servicing Rights | $2.7M | $2.0M | – | – | 15% |
In USD, fiscal quarters as reported; share = part of Q3 FY21 revenue.
Agency and Residential Credit (as reported for Q2 fiscal 2026).
Agency: $1.10 billion, or 61% of revenue, in Q2 fiscal 2026.
By revenue in Q3 fiscal 2021: Bank Servicing (85%) and Interests In Mortgage Servicing Rights (15%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 30, 2026
| Item | Revenue | Share |
|---|---|---|
| Agency | USD 1.10B | 60.8% |
| Residential Credit | USD 709.96M | 39.2% |
Sum of items USD 1.81B. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agency | 1.1B | 1.1B | 1.1B | 992.6M | 913.3M | 849.2M | 906.4M | 830.4M | 821.3M | 781.9M | 714.6M | 756.5M | 694.5M | 607.4M |
| Residential Credit | 710.0M | 630.6M | 585.2M | 539.9M | 505.5M | 466.9M | 430.8M | 396.7M | 353.5M | 309.0M | 271.4M | 239.2M | 218.7M | 201.0M |
| Corporate and Reconciling Items | – | – | – | – | 163.0K | 1.1M | 1.6M | 2.2M | 2.4M | 3.6M | 4.4M | 5.8M | 8.3M | 9.9M |