MFA Financial, Inc. (MFA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MFA Revenue Growth
MFA Revenue Analysis (2014–2025)
As of May 6, 2026, MFA Financial, Inc. (MFA) generated trailing twelve-month (TTM) revenue of $343.4 million, reflecting significant decline in growth of -100.0% year-over-year. The most recent quarter (Q1 2026) recorded $0 in revenue, down 100.0% sequentially.
Looking at the longer-term picture, MFA's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $875.2 million in 2025, representing a new all-time high.
When compared to Real Estate sector peers including AGNC (+729.5% YoY), NLY (+5.4% YoY), and TWO (-0.2% YoY), MFA has underperformed the peer group in terms of revenue growth. Compare MFA vs AGNC →
MFA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MFACurrent | $343M | -100.0% | - | 78.8% | |
 AGNC | $4.9B | +729.5% | +35.1% | 79.6% | |
 NLY | $6.7B | +5.4% | +35.2% | 102.6% | |
 TWO | $606M | -0.2% | - | 68.7% | |
 MITT | $473M | +16.1% | - | 96.9% | |
 RWT | $1.1B | +338.5% | - | 95.3% |
MFA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $875.2M | +213.0% | $841.8M | 96.2% | $690.0M | 78.8% |
| 2024 | $279.6M | +19.5% | $244.3M | 87.4% | $111.6M | 39.9% |
| 2023 | $234.0M | +446.1% | $199.9M | 85.4% | $69.2M | 29.6% |
| 2022 | $-67,621,000 | -120.1% | $-110,515,000 | 163.4% | $-224,032,000 | 331.3% |
| 2021 | $337.2M | +160.7% | $299.8M | 88.9% | $328.9M | 97.5% |
| 2020 | $-555,867,000 | -228.3% | $-555,867,000 | 100.0% | $0 | - |
| 2019 | $433.3M | +24.6% | $433.3M | 100.0% | $0 | - |
| 2018 | $347.9M | -6.7% | $234.6M | 67.4% | $534.0M | 153.5% |
| 2017 | $373.1M | +4.0% | $278.9M | 74.8% | $74.2M | 19.9% |
| 2016 | $358.8M | +0.8% | $284.4M | 79.3% | $93.0M | 25.9% |
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Start ComparisonMFA — Frequently Asked Questions
Quick answers to the most common questions about buying MFA stock.
Is MFA's revenue growth accelerating or slowing?
MFA revenue declined -100.0% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $343M. This reverses the prior growth trend.
What is MFA's long-term revenue growth rate?
MFA Financial, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -100.0% is below this long-term average.
How is MFA's revenue distributed by segment?
MFA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.