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
DateValue
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