Orchid Island Capital, Inc. (ORC) Form 10-Q — Jul 24, 2026
Orchid Island Capital reported net income of $69.2 million for the six months ended June 30, 2026, a significant turnaround from a net loss of $16.5 million in the prior year period. Net income for the second quarter was $89.2 million, or $0.44 per share, compared to a net loss of $33.6 million, or $0.29 per share, in the second quarter of 2025. The company raised approximately $135.5 million in net proceeds during the six-month period through an at-the-market offering program, issuing 18.6 million shares. Since the inception of the October 2025 Equity Distribution Agreement, the company has issued 48.8 million shares for gross proceeds of $360.9 million.
Key figures
- Eps
- 0.35
- Net Income
- 69237000
- Total Assets
- 13104112000
- Cash Position
- 682598000
- Shares Outstanding
- 199603438
- Eps Quarter
- 0.44
- Atm Proceeds
- 135525000
- Shares Repurchased Auth
- 25000000
- Shares Repurchased Quarter
- 1106557
Price after filing
Close on the filing date to close N calendar days later (from $6.69). Historical, not a forecast.
AI analysis
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