
Federal National Mortgage Association Fannie Mae
FNMAOTCCIK 310522FinancialsFiscal year ends Dec 31
us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figureThree months to Sep 30, 2026, from the 10-Q filed Oct 28, 2026.Latest quarter: Q3 FY2026
Three months to Sep 30, 2026, against the same quarter a year earlier.
- Revenue$7.65bnRevenue, Q3 FY2026, three months to 2026-09-30$7.65bn. XBRL concept
us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure+4.7% on a year earlier - Gross marginnot reported (Gross profit not reported)No year-earlier figure to compare
- Operating marginnot reported (Operating income not reported)No year-earlier figure to compare
- Net margin54.6%Net margin, Q3 FY2026, three months to 2026-09-30. net income / revenueNet income: $4.18bn. XBRL concept
us-gaap:NetIncomeLoss. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Revenue: $7.65bn. XBRL conceptus-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure+1.8 pts on a year earlier - Diluted EPS$0.18Diluted EPS, Q3 FY2026, three months to 2026-09-30$0.18 per share. XBRL concept
us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figureSign changed from a year earlier - Free cash flownot reported (Capital expenditure not reported)No year-earlier figure to compare
Last eight quarters
Full statements| Line item | Unit | Q4 FY20242024-12-31 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q4 FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 | Q3 FY20262026-09-30 | Shape over the periods |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 7,297Revenue, Q4 FY2024, three months to 2024-12-31$7.30bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015. Derived: 12-month figure less the 9-month figure.Report this figure | 7,085Revenue, Q1 FY2025, three months to 2025-03-31$7.08bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Report this figure | 7,241Revenue, Q2 FY2025, three months to 2025-06-30$7.24bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Report this figure | 7,307Revenue, Q3 FY2025, three months to 2025-09-30$7.31bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure | 7,331Revenue, Q4 FY2025, three months to 2025-12-31$7.33bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015. Derived: 12-month figure less the 9-month figure.Report this figure | 7,280Revenue, Q1 FY2026, three months to 2026-03-31$7.28bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Report this figure | 7,565Revenue, Q2 FY2026, three months to 2026-06-30$7.57bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Report this figure | 7,651Revenue, Q3 FY2026, three months to 2026-09-30$7.65bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | |
| Net margin | % | 56.6%Net margin, Q4 FY2024, three months to 2024-12-31. net income / revenueNet income: $4.13bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-11, accession 0000310522-26-000015. Derived: 12-month figure less the 9-month figure.Revenue: $7.30bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015. Derived: 12-month figure less the 9-month figure.Report this figure | 51.7%Net margin, Q1 FY2025, three months to 2025-03-31. net income / revenueNet income: $3.66bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Revenue: $7.08bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Report this figure | 45.8%Net margin, Q2 FY2025, three months to 2025-06-30. net income / revenueNet income: $3.32bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Revenue: $7.24bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Report this figure | 52.8%Net margin, Q3 FY2025, three months to 2025-09-30. net income / revenueNet income: $3.86bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Revenue: $7.31bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure | 48.1%Net margin, Q4 FY2025, three months to 2025-12-31. net income / revenueNet income: $3.53bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-11, accession 0000310522-26-000015. Derived: 12-month figure less the 9-month figure.Revenue: $7.33bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015. Derived: 12-month figure less the 9-month figure.Report this figure | 51.1%Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: $3.72bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Revenue: $7.28bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Report this figure | 52.6%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $3.98bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Revenue: $7.57bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Report this figure | 54.6%Net margin, Q3 FY2026, three months to 2026-09-30. net income / revenueNet income: $4.18bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Revenue: $7.65bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure | |
| Diluted EPS | $ per share | not reported (Diluted EPS not reported) | 0.00Diluted EPS, Q1 FY2025, three months to 2025-03-31$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Report this figure | 0.00Diluted EPS, Q2 FY2025, three months to 2025-06-30$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Report this figure | 0.00Diluted EPS, Q3 FY2025, three months to 2025-09-30$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure | not reported (Diluted EPS not reported) | 0.01Diluted EPS, Q1 FY2026, three months to 2026-03-31$0.01 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-29, accession 0000310522-26-000040.Report this figure | 0.03Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.03 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-29, accession 0000310522-26-000064.Report this figure | 0.18Diluted EPS, Q3 FY2026, three months to 2026-09-30$0.18 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-28, accession 0000310522-26-000089.Report this figure | |
| Free cash flow | $m | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20212021-12-31 | FY20222022-12-31 | FY20232023-12-31 | FY20242024-12-31 | FY20252025-12-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|
| Revenue | $bn | 29.9Revenue, FY2021, twelve months to 2021-12-31$29.95bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2024-02-15, accession 0000310522-24-000184.Report this figure | 29.7Revenue, FY2022, twelve months to 2022-12-31$29.73bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2025-02-14, accession 0000310522-25-000199.Report this figure | 29.0Revenue, FY2023, twelve months to 2023-12-31$29.05bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | 29.1Revenue, FY2024, twelve months to 2024-12-31$29.07bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | 29.0Revenue, FY2025, twelve months to 2025-12-31$28.96bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | |
| Net margin | % | 74.0%Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: $22.18bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-02-15, accession 0000310522-24-000184.Revenue: $29.95bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2024-02-15, accession 0000310522-24-000184.Report this figure | 43.5%Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: $12.92bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-02-14, accession 0000310522-25-000199.Revenue: $29.73bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2025-02-14, accession 0000310522-25-000199.Report this figure | 59.9%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $17.41bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-11, accession 0000310522-26-000015.Revenue: $29.05bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | 58.4%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $16.98bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-11, accession 0000310522-26-000015.Revenue: $29.07bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | 49.6%Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: $14.36bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-11, accession 0000310522-26-000015.Revenue: $28.96bn. XBRL concept us-gaap:RevenuesNetOfInterestExpense. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | |
| Diluted EPS | $ per share | 0.01Diluted EPS, FY2021, twelve months to 2021-12-31$0.01 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-02-15, accession 0000310522-24-000184.Report this figure | 0.00Diluted EPS, FY2022, twelve months to 2022-12-31$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-02-14, accession 0000310522-25-000199.Report this figure | 0.00Diluted EPS, FY2023, twelve months to 2023-12-31$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | 0.00Diluted EPS, FY2024, twelve months to 2024-12-31$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | 0.00Diluted EPS, FY2025, twelve months to 2025-12-31$0.00 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-11, accession 0000310522-26-000015.Report this figure | |
| Free cash flow | $bn | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| Matthew 25 Management Corp | 2026-06-30 | $2.8m | 423,000 | Added+93,500 | |
| Pinnacle Holdings, LLC | 2026-06-30 | $738.2k | 113,388 | Unchanged | |
| RNC CAPITAL MANAGEMENT LLC | 2026-06-30 | $568.3k | 87,300 | Not compared | |
| Ratan Capital Management LP | 2026-06-30 | $514.3k | 79,000 | New+79,000 | |
| IVY LANE CAPITAL MANAGEMENT, LLC | 2026-06-30 | $507.8k | 78,000 | Added+28,000 | |
| First National Trust Co | 2026-06-30 | $475.2k | 73,000 | Unchanged | |
| Crossingbridge Advisors, LLC | 2026-06-30 | $455.7k | 70,000 | New+70,000 | |
| ATLAS CAPITAL ADVISORS INC. | 2026-06-30 | $203.9k | 31,319 | Unchanged | |
| HENNESSY ADVISORS INC | 2026-06-30 | $195.3k | 30,000 | New+30,000 | |
| Ascentis Wealth Management, LLC | 2026-06-30 | $189.7k | 29,142 | New+29,142 |
Recent filings
All 6,359 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-10-2807:17 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000310522-26-000090 |
| 2026-10-2807:16 ET | 10-Q | Quarterly reportPeriod 2026-09-30 | 0000310522-26-000089 |
| 2026-07-2907:22 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000310522-26-000065 |
| 2026-07-2907:21 ET | 10-Q | Quarterly reportPeriod 2026-06-30 | 0000310522-26-000064 |
| 2026-04-2907:18 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000310522-26-000041 |
| 2026-04-2907:17 ET | 10-Q | Quarterly reportPeriod 2026-03-31 | 0000310522-26-000040 |
| 2026-02-2309:04 ET | 8-K | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000310522-26-000030 |
| 2026-02-1107:13 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000310522-26-000016 |
| 2026-02-1107:11 ET | 10-K | Annual reportPeriod 2025-12-31 | 0000310522-26-000015 |
| 2026-02-0616:03 ET | 8-K | 5.07 Shareholder vote results | 0000310522-26-000003 |
Latest annual report
Form 10-K for the fiscal year ended Dec 31, 2025Filed Feb 11, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 310522
- Tickers
- FNMA, FNMFN, FNMAM, FNMAN, FNMAI, FNMAT, FNMAK, FNMAL, FNMFM, FNMAO, FNMAG, FNMFO, FNMAH, FNMAJ, FNMAP, FNMAS
- Exchange
- OTC
- SIC code
- 6111 Federal & Federally-Sponsored Credit Agencies
- Sector
- Financials
- Fiscal year ends
- Dec 31
- Incorporated in
- not reported
- Filer category
- Large accelerated filer
- Former names
- FEDERAL NATIONAL MORTGAGE ASSOCIATION (to 2003-02-13)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 08:25 ET. Listed shows no prices and gives no investment advice.