MFA FINANCIAL, INC.MFAEarnings & Financial Report
MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.
Revenue
$53.5M
Gross Profit
N/A
Operating Profit
$42.3M
Net Profit
$41.9M
Gross Margin
N/A
Operating Margin
79.1%
Net Margin
78.4%
YoY Growth
20.2%
EPS
$0.32
MFA FINANCIAL, INC. Q2 FY2024 Financial Summary
MFA FINANCIAL, INC. reported revenue of $53.5M (up 20.2% YoY) for Q2 FY2024, with a net profit of $41.9M (up 261.8% YoY) (78.4% margin).
Key Financial Metrics
| Total Revenue | $53.5M |
|---|---|
| Net Profit | $41.9M |
| Gross Margin | N/A |
| Operating Margin | 79.1% |
| Report Period | Q2 FY2024 |
MFA FINANCIAL, INC. Annual Revenue by Year
MFA FINANCIAL, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $231.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $231.1M |
| 2024 | $202.7M |
| 2023 | $176.5M |
| 2022 | $223.6M |
MFA FINANCIAL, INC. Quarterly Revenue & Net Profit History
MFA FINANCIAL, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $55.5M | +9.2% | N/A | N/A |
| Q3 FY2025 | $56.8M | +12.2% | $48.1M | 84.7% |
| Q2 FY2025 | $61.3M | +14.6% | $33.2M | 54.2% |
| Q1 FY2025 | $57.5M | +20.3% | $41.2M | 71.6% |
| Q4 FY2024 | $50.8M | +9.3% | N/A | N/A |
| Q3 FY2024 | $50.6M | +9.7% | $48.2M | 95.2% |
| Q2 FY2024 | $53.5M | +20.2% | $41.9M | 78.4% |
| Q1 FY2024 | $47.8M | +21.5% | $23.2M | 48.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.8M | $53.5M | $50.6M | $50.8M | $57.5M | $61.3M | $56.8M | $55.5M |
| YoY Growth | 21.5% | 20.2% | 9.7% | 9.3% | 20.3% | 14.6% | 12.2% | 9.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.87B | $11.08B | $11.16B | $11.41B | $11.52B | $11.67B | $12.10B | $13.05B |
| Liabilities | $8.99B | $9.19B | $9.28B | $9.57B | $9.68B | $9.85B | $10.28B | $11.22B |
| Equity | $1.88B | $1.88B | $1.88B | $1.84B | $1.84B | $1.82B | $1.82B | $1.83B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $53.5M | $46.5M | $-11.3M | $200.1M | $-14.6M | $38.5M | $14.7M | $76.2M |