Angel Oak Mortgage REIT (AOMR) Financial Statements & Analysis

Angel Oak Mortgage REIT (AOMR) Income Statement

Angel Oak Mortgage REIT reported revenue of $60.99M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 18.5% from $51.46M a year earlier. Net income was $44.02M, up 53.1% year over year, a net margin of 72.2%. Gross margin was 196.1% and operating margin 241.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $37.66M, up 542.1% from the same quarter a year earlier.

Angel Oak Mortgage REIT Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Angel Oak Mortgage REIT, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	61.00	51.46	54.86	-157.95	41.76	10.38	11.80	-1.35
Cost of Revenue	13.19	0.00	0.00	0.00	0.00	6.31	5.24	4.44
Gross Profit	119.61	51.46	54.86	-157.95	41.76	4.08	6.55	-5.79
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Selling, General & Administrative	6.51	6.82	1.69	5.75	11.27	3.34	1.93	0.40
Operating Expenses	-27.50	51.46	54.86	-157.95	41.76	3.34	-6.66	0.40
Operating Income	147.11	32.01	34.96	0.00	22.71	0.74	5.14	-6.20
Other Income/Expense
Interest Income	143.66	110.43	95.95	115.54	60.56	40.82	19.72	0.00
Interest Expense	102.56	73.50	67.05	63.02	11.48	7.50	7.94	0.00
Other Income/Expense	-102.56	32.01	34.96	-191.29	22.71	0.00	0.00	0.00
Income
Income Before Tax	44.56	32.01	34.96	-191.29	22.71	0.74	5.14	-6.20
Income Tax Expense	0.53	3.26	1.25	-3.46	1.60	0.00	0.00	0.00
Net Income	44.02	28.75	33.71	-187.83	21.10	0.74	5.14	-6.20
Net Income - Continuous Operations	44.02	28.75	33.71	-187.83	21.11	0.74	5.14	-6.20
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	151.64	3.26	0.00	0.00	0.00	0.00	13.09	-6.20
EBIT	-	-	-	-	-	-	-	-
Depreciation & Amortization	4.53	3.26	0.00	0.00	0.00	0.00	5.78	6.20
Earnings Per Share
Basic EPS	2.00	1.00	1.00	-8.00	1.00	-	-	-
Diluted EPS	2.00	1.00	1.00	-8.00	1.00	-	-	-
Basic Shares Outstanding	23.68	24.18	24.72	24.55	20.60	15.72	26.21	26.21
Diluted Shares Outstanding	24.31	24.40	24.94	24.55	20.85	15.72	26.21	26.21

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Angel Oak Mortgage REIT Financial Statements

What was Angel Oak Mortgage REIT's revenue in fiscal 2025?

Angel Oak Mortgage REIT reported revenue of $60.99M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 18.5% from $51.46M a year earlier.

Is Angel Oak Mortgage REIT profitable?

Yes. Angel Oak Mortgage REIT earned net income of $44.02M in fiscal 2025, a net margin of 72.2%. In fiscal 2024 it earned $28.75M.

What is Angel Oak Mortgage REIT's operating margin?

Angel Oak Mortgage REIT's operating income was $147.11M on revenue of $60.99M in fiscal 2025, an operating margin of 241.2%, compared with 62.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition