The financials
Orchid Island Capital, Inc. by the numbers
Orchid Island Capital, Inc. (ORC) reported revenue of $158M in Q1 2026 (quarter ended March 31, 2026), up 95% from the same quarter a year earlier. That came with net loss of $20M. For the full year FY2025, revenue was $414M (+71% year on year) and net income $159M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $158M | $81M | +95% |
| Operating income | $150M | $77M | +96% |
| Net income | −$20M | $17M | to a loss |