---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-024318"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2026-07-23T20:18:40+00:00"
generated_at: "2026-07-23T20:19:06.268071+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital reports Q2 net income of $89.2M, EPS $0.44, book value $7.22

## Summary
- Net income $89.2M ($0.44/share) vs net loss $33.6M in Q2 2025.
- Net interest income $60.0M; realized/unrealized gains $36.0M on RMBS and derivatives.
- Book value per share $7.22, up $0.14 from Q1; total return 6.21% for the quarter.
- Dividend declared $0.30/share; liquidity $776M; adjusted leverage ratio 7.7x.
- Board authorized repurchase of up to 25M additional shares; 26.6M shares remain available.

## SEC filing metadata
- accession: 0001437749-26-024318
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2026-07-23T20:18:40+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518621/000143774926024318/0001437749-26-024318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774926024318/orc20260427_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-024318
- JSON: https://secwatch.observer/filing/0001437749-26-024318.json
- Plain text: https://secwatch.observer/filing/0001437749-26-024318.txt

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