Federal National Mortgage Association Fannie Mae (FNMA) Accumulated Expenses (2009 - 2026)
Federal National Mortgage Association Fannie Mae's (FNMA) quarterly Accumulated Expenses came in at $12.2 billion in Q1 2026, up 2.61% year-on-year from $11.9 billion in Q1 2025, and up 1.48% on a QoQ basis from $12.0 billion in Q4 2025.
Federal National Mortgage Association Fannie Mae (FNMA) Accumulated Expenses (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of Accumulated Expenses data on file, last reported at $12.2 billion in Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 2.61% year-over-year to $12.2 billion in Q1 2026; TTM through Mar 2026 was $12.2 billion, a 2.61% increase from a year earlier, with the FY2025 full-year figure at $12.0 billion, up 3.88% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $12.2 billion, up from $12.0 billion in the prior quarter.
- Over the last five years, Accumulated Expenses for FNMA reached as high as $12.2 billion in Q1 2026 and fell as low as $9.3 billion in Q1 2022.
- Historically, Accumulated Expenses has averaged $10.9 billion across 5 years, with a median of $11.1 billion in 2024.
- Across the five-year window, Accumulated Expenses fell 3.29% in 2022 and gained 11.48% in 2023, its largest moves.
- Year by year, Accumulated Expenses stood at $9.9 billion in 2022, then increased by 10.22% to $10.9 billion in 2023, then grew by 5.98% to $11.6 billion in 2024, then grew by 3.88% to $12.0 billion in 2025, then grew by 1.48% to $12.2 billion in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $12.2 billion in Q1 2026, $12.0 billion in Q4 2025, and $12.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.21 Bn |
| Dec 31, 2025 | 12.04 Bn |
| Sep 30, 2025 | 12.08 Bn |
| Jun 30, 2025 | 11.84 Bn |
| Mar 31, 2025 | 11.90 Bn |
| Dec 31, 2024 | 11.59 Bn |
| Sep 30, 2024 | 11.45 Bn |
| Jun 30, 2024 | 11.18 Bn |
| Mar 31, 2024 | 11.12 Bn |
| Dec 31, 2023 | 10.93 Bn |
| Sep 30, 2023 | 10.76 Bn |
| Jun 30, 2023 | 10.41 Bn |
| Mar 31, 2023 | 10.18 Bn |
| Dec 31, 2022 | 9.92 Bn |
| Sep 30, 2022 | 9.65 Bn |
| Jun 30, 2022 | 9.36 Bn |
| Mar 31, 2022 | 9.27 Bn |
| Dec 31, 2021 | 9.19 Bn |
| Sep 30, 2021 | 9.30 Bn |
| Jun 30, 2021 | 9.37 Bn |