Ellington Credit Company (EARN) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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EARN Revenue Growth
EARN Revenue Analysis (2013–2024)
As of May 8, 2026, Ellington Credit Company (EARN) generated trailing twelve-month (TTM) revenue of $35.6 million, reflecting significant decline in growth of -94.2% year-over-year. The most recent quarter (Q1 2025) recorded $921,000 in revenue, down 86.4% sequentially.
Looking at the longer-term picture, EARN's 5-year compound annual growth rate (CAGR) stands at -4.2%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $62.8 million in 2019.
When compared to Financial Services sector peers including EFC (+52.0% YoY), AGNC (+729.5% YoY), and NLY (+5.4% YoY), EARN has underperformed the peer group in terms of revenue growth. Compare EARN vs EFC →
EARN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EARNCurrent | $36M | -94.2% | -4.2% | 14.0% | |
 EFC | $675M | +52.0% | +80.6% | 61.6% | |
 AGNC | $4.9B | +729.5% | +35.1% | 79.6% | |
 NLY | $6.7B | +5.4% | +35.2% | 102.6% | |
 MFA | $875M | +137.8% | - | 78.8% | |
 MITT | $473M | +16.1% | - | 96.9% |
EARN Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $50.7M | - | $15.9M | 31.3% | $7.1M | 14.0% |
| 2023 | $55.4M | - | $10.1M | 18.2% | $4.6M | 8.2% |
| 2022 | $-10,250,000 | - | $-25,070,000 | 244.6% | $-30,198,000 | 294.6% |
| 2021 | $2.2M | - | $-557,000 | -25.7% | $-6,309,000 | -291.3% |
| 2020 | $35.9M | - | $25.9M | 72.2% | $20.1M | 56.0% |
| 2019 | $62.8M | - | $27.5M | 43.8% | $22.3M | 35.4% |
| 2018 | $26.7M | - | $-5,787,000 | -21.6% | $-11,295,000 | -42.3% |
| 2017 | $35.5M | - | $16.5M | 46.4% | $10.8M | 30.4% |
| 2016 | $26.2M | - | $16.9M | 64.6% | $11.9M | 45.5% |
| 2015 | $11.4M | - | $5.2M | 45.4% | $30K | 0.3% |
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Start ComparisonEARN — Frequently Asked Questions
Quick answers to the most common questions about buying EARN stock.
Is EARN's revenue growth accelerating or slowing?
EARN revenue declined -94.2% year-over-year, contrasting with the 5-year CAGR of -4.2%. TTM revenue fell to $36M. This reverses the prior growth trend.
What is EARN's long-term revenue growth rate?
Ellington Credit Company's 5-year revenue CAGR of -4.2% reflects the variable expansion pattern. Current YoY growth of -94.2% is below this long-term average.
How is EARN's revenue distributed by segment?
EARN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.