Federal National Mortgage Association Fannie Mae FNMA
OTC FNMA
$6.30 +0.10 (+1.61%)
At close: Aug 21, 2026 · 4:07 PM EDT

Federal National Mortgage Association Fannie Mae (FNMA) Free Cash Flow (2009 - 2026)

Federal National Mortgage Association Fannie Mae (FNMA) posted quarterly Free Cash Flow of $9.3 billion for Q2 2026, up 88.53% year-over-year from $4.9 billion in Q2 2025, and down 43.87% quarter-over-quarter from $16.5 billion in Q1 2026.

Federal National Mortgage Association Fannie Mae (FNMA) Free Cash Flow (2009 - 2026) Analysis & Trends

Federal National Mortgage Association Fannie Mae (FNMA) has reported Free Cash Flow for 18 consecutive years, with $9.3 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Free Cash Flow rose 88.53% year-over-year to $9.3 billion; the TTM figure through Jun 2026 stood at $41.3 billion (up 485.06% YoY), while the FY2025 annual figure was $24.0 billion, up 328.03% from the prior year.
  • Free Cash Flow eased to $9.3 billion in Q2 2026 per FNMA's latest filing, from $16.5 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $20.8 billion in Q2 2022 and bottomed at -$12.4 billion in Q4 2024.
  • Historically, Free Cash Flow has averaged $5.3 billion across 5 years, with a median of $4.5 billion in 2023.
  • Annual changes were most pronounced in 2022 — Free Cash Flow soared 409.92% — and 2024, when it plunged 708.55%.
  • Federal National Mortgage Association Fannie Mae's Free Cash Flow stood at $10.4 billion in 2022, then sank by 80.46% to $2.0 billion in 2023, then tumbled by 708.55% to -$12.4 billion in 2024, then surged by 148.38% to $6.0 billion in 2025, then surged by 54.45% to $9.3 billion in 2026.
  • Business Quant data shows FNMA's Free Cash Flow at $9.3 billion in Q2 2026, $16.5 billion in Q1 2026, and $6.0 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Rocket Companies 39.55 Bn 36.45 Bn - -1.25 Bn
2 Federal National Mortgage Association Fannie Mae 36.61 Bn 36.61 Bn - 9.25 Bn
3 Federal Home Loan Mortgage 18.43 Bn 14.11 Bn - 2.76 Bn
4 PennyMac Financial Services 3.90 Bn 3.15 Bn 480.08 Mn 2.13 Bn
5 CNFinance Holdings 1.52 Bn 1.45 Bn - -
6 Walker & Dunlop 1.34 Bn 1.18 Bn - 1.17 Bn
7 Velocity Financial 711.47 Mn -6.74 Bn - 3.64 Mn
8 UWM Holdings 472.54 Mn -25.87 Mn - 334.58 Mn
9 Onity 303.25 Mn 106.95 Mn - -516.90 Mn
10 loanDepot 205.70 Mn -105.44 Mn - 510.27 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 9.25 Bn
Jun 30, 2026 9.25 Bn
Mar 31, 2026 16.48 Bn
Mar 31, 2026 16.48 Bn
Dec 31, 2025 5.99 Bn
Dec 31, 2025 5.99 Bn
Sep 30, 2025 9.59 Bn
Sep 30, 2025 9.59 Bn
Jun 30, 2025 4.91 Bn
Jun 30, 2025 4.91 Bn
Mar 31, 2025 3.51 Bn
Mar 31, 2025 3.51 Bn
Dec 31, 2024 -12.38 Bn
Dec 31, 2024 -12.38 Bn
Sep 30, 2024 -6.76 Bn
Sep 30, 2024 -6.76 Bn
Jun 30, 2024 1.49 Bn
Jun 30, 2024 1.49 Bn
Mar 31, 2024 7.14 Bn
Mar 31, 2024 7.14 Bn