Federal National Mortgage Association Fannie Mae (FNMFO) Operating Expenses (2009 - 2026)

Federal National Mortgage Association Fannie Mae (FNMFO) has reported Operating Expenses for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 11.36% year-over-year to $2.1 billion in Q2 2026; TTM through Jun 2026 was $8.9 billion, a 10.17% decrease from a year earlier, with the FY2025 full-year figure at $9.6 billion, down 1.45% from the prior year.
• Operating Expenses was $2.1 billion for Q2 2026 at Federal National Mortgage Association Fannie Mae, down from $2.2 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $2.8 billion in Q3 2023 and troughed at $1.9 billion in Q4 2022.
• A 5-year average of $2.3 billion and a median of $2.3 billion in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 44.25% in 2023 and slipped 16.01% in 2026, its largest moves.
• Over 5 years, Operating Expenses stood at $1.9 billion in 2022, then climbed by 23.44% to $2.4 billion in 2023, then rose by 7.3% to $2.6 billion in 2024, then retreated by 3.54% to $2.5 billion in 2025, then dropped by 16.61% to $2.1 billion in 2026.
• The last three Operating Expenses figures came in at $2.1 billion (Q2 2026), $2.2 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.