Federal National Mortgage Association Fannie Mae (FNMA) Other Operating Expenses (2009 - 2026)
Federal National Mortgage Association Fannie Mae (FNMA) reported Other Operating Expenses of $2.2 billion for Q1 2026, down 16.01% year-over-year from $2.6 billion in Q1 2025, and down 11.98% quarter-over-quarter from $2.5 billion in Q4 2025.
Federal National Mortgage Association Fannie Mae (FNMA) Other Operating Expenses (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of Other Operating Expenses data on file, last reported at $2.2 billion in Q1 2026.
- Other Operating Expenses for Q1 2026 came in at $2.2 billion, down 16.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.2 billion (up 19.57% YoY), and the FY2025 annual result was $9.6 billion, down 1.45% from the prior year.
- Other Operating Expenses declined to $2.2 billion in Q1 2026 per FNMA's latest filing, from $2.5 billion in the prior quarter.
- Over five years, Other Operating Expenses peaked at $2.6 billion in Q1 2025 and troughed at $870.0 million in Q4 2022.
- A 5-year average of $1.6 billion and a median of $1.3 billion in 2022 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Other Operating Expenses dropped 27.7% in 2024, then soared 116.94% in 2025.
- A 5-year view of Other Operating Expenses shows it stood at $870.0 million in 2022, then jumped by 36.9% to $1.2 billion in 2023, then surged by 115.87% to $2.6 billion in 2024, then decreased by 3.54% to $2.5 billion in 2025, then dropped by 11.98% to $2.2 billion in 2026.
- Business Quant data shows FNMA's Other Operating Expenses at $2.2 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - |
| 10 | Federal National Mortgage Association Fannie Mae | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.18 Bn |
| Dec 31, 2025 | 2.48 Bn |
| Sep 30, 2025 | 2.15 Bn |
| Jun 30, 2025 | 2.34 Bn |
| Mar 31, 2025 | 2.60 Bn |
| Dec 31, 2024 | 2.57 Bn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.19 Bn |
| Sep 30, 2023 | 1.70 Bn |
| Jun 30, 2023 | 1.45 Bn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 870.00 Mn |
| Sep 30, 2022 | 876.00 Mn |
| Jun 30, 2022 | 1.28 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 1.21 Bn |
| Jun 30, 2021 | 1.20 Bn |