Federal National Mortgage Association Fannie Mae (FNMA) Net Cash Flow (2009 - 2026)
Federal National Mortgage Association Fannie Mae (FNMA) reported Net Cash Flow of $2.7 billion for Q1 2026, up 676.56% year-over-year from $345.2 million in Q1 2025, and down 16.43% quarter-over-quarter 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.
- Net Cash Flow for Q1 2026 came in at $2.7 billion, up 676.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.2 billion (down 81.81% YoY), and the FY2025 annual result was $4.0 billion, down 11.15% from the prior year.
- Net Cash Flow declined to $2.7 billion in Q1 2026 per FNMA's latest filing, from $3.2 billion in the prior quarter.
- Over five years, Net Cash Flow peaked at $45.1 billion in Q2 2024 and troughed at -$35.5 billion in Q1 2024.
- A 5-year average of -$501.0 million and a median of $614.0 million in 2024 frame the typical range for Net Cash Flow.
- The sharpest annual moves came in 2022 and 2026: Net Cash Flow slumped 1432.76% in 2022, then surged 676.56% in 2026.
- A 5-year view of Net Cash Flow shows it stood at $24.3 billion in 2022, then plunged by 71.04% to $7.0 billion in 2023, then sank by 91.27% to $614.0 million in 2024, then soared by 422.48% to $3.2 billion in 2025, then slipped by 16.43% to $2.7 billion in 2026.
- Business Quant data shows FNMA's Net Cash Flow at $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) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | 41.00 Mn |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | -82.17 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | -109.95 Mn |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | -79.37 Mn |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | -137.19 Mn |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | -31.53 Mn |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 42.60 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | -43.83 Mn |
| 10 | Federal National Mortgage Association Fannie Mae | - | - | - | 2.68 Bn |
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 |