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
DateValue
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