Federal National Mortgage Association Fannie Mae (FNMA) Interest Expenses (2009 - 2026)

Federal National Mortgage Association Fannie Mae (FNMA) reported Interest Expenses of $33.0 billion for Q1 2026, up 3.15% year-over-year from $32.0 billion in Q1 2025, and little changed quarter-over-quarter from $32.9 billion in Q4 2025.

Federal National Mortgage Association Fannie Mae (FNMA) Interest Expenses (2009 - 2026) Analysis & Trends

Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of Interest Expenses data on file, last reported at $33.0 billion in Q1 2026.

  • Interest Expenses for Q1 2026 came in at $33.0 billion, up 3.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $131.0 billion (up 5.61% YoY), and the FY2025 annual result was $130.0 billion, up 6.72% from the prior year.
  • Interest Expenses held at $33.0 billion in Q1 2026 per FNMA's latest filing, from $32.9 billion in the prior quarter.
  • Over five years, Interest Expenses peaked at $33.0 billion in Q1 2026 and troughed at $19.9 billion in Q1 2022.
  • A 5-year average of $28.6 billion and a median of $29.8 billion in 2024 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2022 and 2026: Interest Expenses soared 38.63% in 2022, then grew 3.15% in 2026.
  • A 5-year view of Interest Expenses shows it stood at $25.6 billion in 2022, then grew by 12.12% to $28.7 billion in 2023, then grew by 9.22% to $31.3 billion in 2024, then climbed by 5.26% to $32.9 billion in 2025, then climbed by 0.24% to $33.0 billion in 2026.
  • Business Quant data shows FNMA's Interest Expenses at $33.0 billion in Q1 2026, $32.9 billion in Q4 2025, and $32.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Rocket Companies 34.85 Bn 32.16 Bn - 349.00 Mn
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 249.72 Mn
3 Walker & Dunlop 1.73 Bn 1.55 Bn - 14.90 Mn
4 UWM Holdings 743.45 Mn 1.57 Bn - 140.77 Mn
5 Velocity Financial 668.42 Mn 583.96 Mn - 90.30 Mn
6 CNFinance Holdings 591.78 Mn 542.97 Mn - -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - 5.73 Mn
8 Onity 306.24 Mn 306.24 Mn - 82.70 Mn
9 loanDepot 209.70 Mn -4.79 Mn - 43.07 Mn
10 Federal National Mortgage Association Fannie Mae - - - 33.02 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.02 Bn
Mar 31, 2026 33.02 Bn
Dec 31, 2025 32.95 Bn
Dec 31, 2025 32.95 Bn
Sep 30, 2025 32.79 Bn
Sep 30, 2025 32.79 Bn
Jun 30, 2025 32.26 Bn
Jun 30, 2025 32.26 Bn
Mar 31, 2025 32.02 Bn
Mar 31, 2025 32.02 Bn
Dec 31, 2024 31.30 Bn
Dec 31, 2024 31.30 Bn
Sep 30, 2024 30.74 Bn
Sep 30, 2024 30.74 Bn
Jun 30, 2024 30.01 Bn
Jun 30, 2024 30.01 Bn
Mar 31, 2024 29.78 Bn
Mar 31, 2024 29.78 Bn
Dec 31, 2023 28.66 Bn
Dec 31, 2023 28.66 Bn