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| Date | Value |
|---|---|
| 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 |