Federal Agricultural Mortgage (AGM) Operating Expenses (2010 - 2026)

Federal Agricultural Mortgage (AGM) has 17 years of Operating Expenses data on file, last reported at $11.6 million in Q2 2026.

• Quarterly Operating Expenses rose 6.74% year-over-year to $11.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $45.8 million (down 21.87% YoY) and the FY2025 annual result came in at $44.6 million, up 16.68% from the prior year.
• Operating Expenses improved to $11.6 million in Q2 2026, from $11.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $27.2 million in Q1 2024 to a low of $10.8 million in Q1 2025.
• A 5-year average of $18.7 million and a median of $20.6 million in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses rose 24.86% — and 2025, when it plunged 60.4%.
• Tracing AGM's Operating Expenses over 5 years: stood at $21.7 million in 2022, then increased by 16.02% to $25.2 million in 2023, then tumbled by 50.62% to $12.5 million in 2024, then fell by 4.08% to $11.9 million in 2025, then fell by 2.96% to $11.6 million in 2026.
• The last three Operating Expenses figures came in at $11.6 million (Q2 2026), $11.3 million (Q1 2026), and $11.9 million (Q4 2025), per Business Quant data.