Federal National Mortgage Association Fannie Mae (FNMA) Net Cash Flow (2009 - 2026)
Federal National Mortgage Association Fannie Mae's (FNMA) quarterly Net Cash Flow came in at $2.7 billion in Q1 2026, up 676.56% year-on-year from $345.2 million in Q1 2025, and down 16.43% on a QoQ basis from $3.2 billion in Q4 2025.
Federal National Mortgage Association Fannie Mae (FNMA) Net Cash Flow (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of Net Cash Flow data on file, last reported at $2.7 billion in Q1 2026.
- On a quarterly basis, Net Cash Flow rose 676.56% year-over-year to $2.7 billion in Q1 2026; TTM through Mar 2026 was $7.2 billion, a 81.81% decrease from a year earlier, with the FY2025 full-year figure at $4.0 billion, down 11.15% from the prior year.
- Net Cash Flow for Q1 2026 stood at $2.7 billion, down from $3.2 billion in the prior quarter.
- Over the last five years, Net Cash Flow for FNMA reached as high as $45.1 billion in Q2 2024 and fell as low as -$35.5 billion in Q1 2024.
- Historically, Net Cash Flow has averaged -$501.0 million across 5 years, with a median of $614.0 million in 2024.
- Across the five-year window, Net Cash Flow plunged 1432.76% in 2022 and soared 676.56% in 2026, its largest moves.
- Year by year, Net Cash Flow stood at $24.3 billion in 2022, then sank by 71.04% to $7.0 billion in 2023, then slumped by 91.27% to $614.0 million in 2024, then soared by 422.48% to $3.2 billion in 2025, then fell by 16.43% to $2.7 billion in 2026.
- Per Business Quant data, the three most recent Net Cash Flow figures were $2.7 billion in Q1 2026, $3.2 billion in Q4 2025, and $1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 41.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 2.68 Bn |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | -858.00 Mn |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | -82.17 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | -109.95 Mn |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | -137.19 Mn |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | -79.37 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -20.29 Mn |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 42.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.68 Bn |
| Mar 31, 2026 | 2.68 Bn |
| Dec 31, 2025 | 3.21 Bn |
| Dec 31, 2025 | 3.21 Bn |
| Sep 30, 2025 | 1.10 Bn |
| Sep 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 206.00 Mn |
| Jun 30, 2025 | 206.00 Mn |
| Mar 31, 2025 | -465.00 Mn |
| Mar 31, 2025 | -465.00 Mn |
| Dec 31, 2024 | 614.00 Mn |
| Dec 31, 2024 | 614.00 Mn |
| Sep 30, 2024 | -5.67 Bn |
| Sep 30, 2024 | -5.67 Bn |
| Jun 30, 2024 | 45.06 Bn |
| Jun 30, 2024 | 45.06 Bn |
| Mar 31, 2024 | -35.45 Bn |
| Mar 31, 2024 | -35.45 Bn |
| Dec 31, 2023 | 7.03 Bn |
| Dec 31, 2023 | 7.03 Bn |