Federal National Mortgage Association Fannie Mae (FNMFO) Interest Expense - Debt (2009 - 2026)
Federal National Mortgage Association Fannie Mae (FNMFO) recorded Interest Expense - Debt of $33.74 billion in Q3 2026, up 3.4% from $32.64 billion a year earlier and up 2.1% from the prior quarter.
Federal National Mortgage Association Fannie Mae (FNMFO) Interest Expense - Debt (2009 - 2026) Analysis & Trends
On a TTM basis, Federal National Mortgage Association Fannie Mae's Interest Expense - Debt came in at $132.35 billion as of Sep 30, 2026, up 3.5% year-over-year; for FY2025, it came in at $129.43 billion, up 6.8% from FY2024.
- Annual Interest Expense - Debt has increased for four straight years, with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Debt came in at $121.22 billion in FY2024 (+9.9%), $110.27 billion in FY2023 (+21.4%), $90.8 billion in FY2022 (+29.6%) and $70.08 billion in FY2021 (-15.1%).
- The Q3 2026 figure is the highest quarterly Interest Expense - Debt since Q2 2010.
- On a year-over-year basis, Interest Expense - Debt has increased for 20 consecutive quarters, with growth averaging 5.7% over the last eight quarters.
- The year-over-year growth in Interest Expense - Debt has ranged between 2.8% (Q2 2026) and 38.3% (Q4 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $33.06 billion (Q2 2026), $32.83 billion (Q1 2026) and $32.72 billion (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.74 Bn |
| Jun 30, 2026 | 33.06 Bn |
| Mar 31, 2026 | 32.83 Bn |
| Dec 31, 2025 | 32.72 Bn |
| Sep 30, 2025 | 32.64 Bn |
| Jun 30, 2025 | 32.15 Bn |
| Mar 31, 2025 | 31.91 Bn |
| Dec 31, 2024 | 31.17 Bn |
| Sep 30, 2024 | 30.60 Bn |
| Jun 30, 2024 | 29.88 Bn |
| Mar 31, 2024 | 29.58 Bn |
| Dec 31, 2023 | 28.49 Bn |
| Sep 30, 2023 | 27.99 Bn |
| Jun 30, 2023 | 27.12 Bn |
| Mar 31, 2023 | 26.67 Bn |
| Dec 31, 2022 | 25.51 Bn |
| Sep 30, 2022 | 23.71 Bn |
| Jun 30, 2022 | 21.64 Bn |
| Mar 31, 2022 | 19.94 Bn |
| Dec 31, 2021 | 18.44 Bn |
Federal National Mortgage Association Fannie Mae Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=FNMFO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "FNMFO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=FNMFO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();