---
schema_version: "secwatch.filing_event.v1"
accession: "0001043219-26-000007"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T06:50:55.623691+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Annaly Q4 GAAP net income $1.40/share, book value $20.21, dividend $0.70

## Summary
- GAAP net income $1.40 per average common share (Q4 2025); full year $2.92.
- EAD of $0.74 per share; book value $20.21, up from $19.15 a year ago.
- Economic return 8.6% for Q4 and 20.2% for full year 2025.
- GAAP leverage 7.2x; total portfolio $104.7B; dividend $0.70 per share.
- Agency portfolio increased 32% during 2025 to $92.9B; residential credit portfolio up 15%.

## SEC filing metadata
- accession: 0001043219-26-000007
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000104321926000007/0001043219-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000104321926000007/nly-20260128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001043219-26-000007
- JSON: https://secwatch.observer/filing/0001043219-26-000007.json
- Plain text: https://secwatch.observer/filing/0001043219-26-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.