Federal National Mortgage Association Fannie Mae (FNMA) Interest Expenses (2009 - 2026)
Federal National Mortgage Association Fannie Mae's (FNMA) quarterly Interest Expenses came in at $34.6 billion in Q1 2026, up 3.7% year-on-year from $33.4 billion in Q1 2025, and up 5.15% on a QoQ basis 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 $34.6 billion in Q1 2026.
- On a quarterly basis, Interest Expenses rose 3.7% year-over-year to $34.6 billion in Q1 2026; TTM through Mar 2026 was $132.6 billion, a 10.27% increase from a year earlier, with the FY2025 full-year figure at $136.8 billion, up 6.21% from the prior year.
- Interest Expenses for Q1 2026 stood at $34.6 billion, up from $32.9 billion in the prior quarter.
- Over the last five years, Interest Expenses for FNMA reached as high as $34.6 billion in Q1 2026 and fell as low as $21.6 billion in Q2 2022.
- Historically, Interest Expenses has averaged $28.9 billion across 5 years, with a median of $28.2 billion in 2023.
- On a YoY basis, Interest Expenses climbed as much as 366.19% in 2022 and fell as far as 9.42% in 2022.
- Year by year, Interest Expenses stood at $26.5 billion in 2022, then advanced by 4.61% to $27.7 billion in 2023, then declined by 5.76% to $26.1 billion in 2024, then gained by 26.05% to $32.9 billion in 2025, then rose by 5.15% to $34.6 billion in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $34.6 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) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 349.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 34.64 Bn |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 29.83 Bn |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 249.27 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | 2.56 Mn |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 17.07 Mn |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 100.42 Mn |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 145.97 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | 5.73 Mn |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 68.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.64 Bn |
| Mar 31, 2026 | 34.64 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 | 33.41 Bn |
| Mar 31, 2025 | 33.41 Bn |
| Dec 31, 2024 | 26.14 Bn |
| Dec 31, 2024 | 26.14 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 | 31.38 Bn |
| Mar 31, 2024 | 31.38 Bn |
| Dec 31, 2023 | 27.73 Bn |
| Dec 31, 2023 | 27.73 Bn |