Federal National Mortgage Association Fannie Mae (FNMA) Net Margin (2009 - 2026)

Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of Net Margin data on file, last reported at 1.18% in Q1 2026.

• On a quarterly basis, Net Margin rose 108.0% year-over-year to 1.18% in Q1 2026; TTM through Mar 2026 was 0.25%, a 21.0% increase from a year earlier, with the FY2025 full-year figure at 0.04%, up 3.0% from the prior year.
• Net Margin for Q1 2026 stood at 1.18%, up from 0.14% in the prior quarter.
• Over the last five years, Net Margin for FNMA reached as high as 1.18% in Q1 2026 and fell as low as 0.18% in Q4 2022.
• Historically, Net Margin has averaged 0.1% across 5 years, with a median of 0.04% in 2022.
• On a YoY basis, Net Margin climbed as much as 109 bps in 2022 and fell as far as 32 bps in 2022.
• Year by year, Net Margin stood at 0.18% in 2022, then gained by 13 bps to 0.15% in 2023, then soared by 115 bps to 0.02% in 2024, then jumped by 503 bps to 0.14% in 2025, then soared by 764 bps to 1.18% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 1.18% in Q1 2026, 0.14% in Q3 2025, and 0.1% in Q2 2025.