Fannie MAE MTG/A PFD Q (FNMAI) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Oct 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FNMAI SEC filings page.
Fannie MAE MTG/A PFD Q (FNMAI) reported $30.3B in revenue over the twelve months to Sep 30, 2026, up 0.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business earns profits on a highly leveraged balance sheet, while cash generation swings sharply and recent earnings weaken.
Revenue fell5.3% while net income fell15.4% , showing earnings contracted faster than the top line. At the same time, interest expense rose6.7% while SG&A fell1.1% , pointing to financing costs—not overhead growth—as the clearer pressure point.
In FY2025, liabilities were
Operating cash flow swung from an operating cash outflow of
Financial Health Signals
We do not publish a peer-relative financial health score for Fannie MAE MTG/A PFD Q, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Fannie MAE MTG/A PFD Q passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
Key Financial Metrics
Earnings & Revenue
Fannie MAE MTG/A PFD Q generated $8.4B in revenue in Q3 2026. This represents an increase of 12.6% from the same quarter a year earlier. Against the prior quarter it is up 10.7%.
Fannie MAE MTG/A PFD Q reported $4.2B in net income in Q3 2026. This represents an increase of 8.2% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.
Fannie MAE MTG/A PFD Q earned $0.18 per diluted share (EPS) in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Not reported for Q3 2026.
Cash & Balance Sheet
Fannie MAE MTG/A PFD Q held $36.3B in cash against $4.1T in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Fannie MAE MTG/A PFD Q's net profit margin was 49.9% in Q3 2026, showing the share of revenue converted to profit. This is down 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.8 percentage points.
Fannie MAE MTG/A PFD Q's quarterly ROE was 3.5% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
FNMAI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.4B+12.6% | $7.6B+1.8% | $7.3B+1.0% | $7.1B-12.3% | $7.4B+0.5% | $7.4B-3.7% | $7.2B-5.1% | $8.1B+8.1% |
| SG&A Expenses | $784.0M-4.3% | $811.0M-4.3% | $745.0M-24.9% | $921.0M-2.7% | $819.0M-7.4% | $847.0M-5.8% | $992.0M+11.6% | $947.0M+16.1% |
| Interest Expense | $34.1B+3.9% | $33.3B+3.3% | $33.0B+3.2% | $32.9B+5.3% | $32.8B+6.7% | $32.3B+7.5% | $32.0B+7.5% | $31.3B+9.2% |
| Income Tax | $935.0M-4.2% | $1.0B+20.3% | $944.0M+2.3% | $883.0M-15.8% | $976.0M-3.3% | $837.0M-25.3% | $923.0M-17.1% | $1.0B+3.6% |
| Net Income | $4.2B+8.2% | $4.0B+20.0% | $3.7B+1.6% | $3.5B-14.6% | $3.9B-4.6% | $3.3B-26.0% | $3.7B-15.3% | $4.1B+4.7% |
| EPS (Basic) | $0.18n/m | $0.03n/m | $0.01n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
| EPS (Diluted) | $0.18n/m | $0.03n/m | $0.01n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
| Diluted Shares (Avg) | 5.89B0.0% | 5.89B+0.4% | 5.89B0.0% | N/A | 5.89B+0.4% | 5.87B-0.4% | 5.89B+0.4% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
FNMAI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.3T-0.4% | $4.3T-0.1% | $4.3T-0.9% | $4.3T-0.7% | $4.3T0.0% | $4.3T+0.3% | $4.4T+0.7% | $4.3T+0.6% |
| Cash & Equivalents | $36.3B-7.7% | $40.8B+6.8% | $45.3B+15.0% | $42.6B+9.6% | $39.4B+3.2% | $38.2B-8.8% | $39.4B+214.2% | $38.9B+8.5% |
| Total Liabilities | $4.2T-0.8% | $4.2T-0.5% | $4.2T-1.3% | $4.2T-1.1% | $4.2T-0.3% | $4.2T0.0% | $4.3T+0.3% | $4.3T+0.2% |
| Long-Term Debt | $4.1T-1.1% | $4.2T-0.9% | $4.2T-1.6% | $4.2T-1.4% | $4.2T-0.5% | $4.2T0.0% | $4.2T+0.4% | $4.2T+0.3% |
| Total Equity | $119.6B+13.4% | $116.5B+14.6% | $112.7B+14.6% | $109.0B+15.2% | $105.5B+16.5% | $101.6B+17.5% | $98.3B+19.9% | $94.7B+21.9% |
| Retained Earnings | -$12.4Bn/m | -$16.6Bn/m | -$20.5Bn/m | -$24.3Bn/m | -$27.8Bn/m | -$31.6Bn/m | -$35.0Bn/m | -$38.6Bn/m |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
FNMAI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $876.0M-90.9% | $9.3B+88.5% | $16.5B+370.3% | $6.0Bn/m | $9.6Bn/m | $4.9B+230.1% | $3.5B-50.9% | -$12.4B-708.6% |
| Investing Cash Flow | $45.6B+9.3% | $9.5B-82.7% | $32.9B+33.0% | $65.7B+61.3% | $41.8B+2.0% | $54.7B-34.0% | $24.7Bn/m | $40.8B+70.5% |
| Financing Cash Flow | -$51.0Bn/m | -$23.2Bn/m | -$46.7Bn/m | -$68.5Bn/m | -$50.4Bn/m | -$59.3Bn/m | -$28.7Bn/m | -$27.8Bn/m |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
FNMAI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 49.9%-2.0pp | 52.6%+8.0pp | 51.1%+0.3pp | 49.8%-1.4pp | 51.9%-2.7pp | 44.6%-13.5pp | 50.8%-6.1pp | 51.2%-1.6pp |
| Return on Equity | 3.5%-0.2pp | 3.4%+0.2pp | 3.3%-0.4pp | 3.2%-1.1pp | 3.7%-0.8pp | 3.3%-1.9pp | 3.7%-1.6pp | 4.4%-0.7pp |
| Return on Assets | 0.1%0.0pp | 0.1%0.0pp | 0.1%0.0pp | 0.1%0.0pp | 0.1%0.0pp | 0.1%0.0pp | 0.1%0.0pp | 0.1%0.0pp |
| Debt-to-Equity | 34.59-5.1x | 35.71-5.6x | 36.85-6.0x | 38.12-6.4x | 39.66-6.8x | 41.32-7.3x | 42.90-8.3x | 44.55-9.6x |
| Liabilities-to-Equity | 35.09-5.0x | 36.19-5.5x | 37.30-6.0x | 38.61-6.3x | 40.10-6.8x | 41.68-7.3x | 43.28-8.4x | 44.95-9.7x |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Fannie MAE MTG/A PFD Q FNMAI | FY2025 | $29.2B | $14.4B | 49.3% | N/A | — |
| Freddie MAC FMCC | FY2025 | $23.3B | N/A | N/A | $2.5B | — |
Where Fannie MAE MTG/A PFD Q Ranks
Frequently Asked Questions
Fannie MAE MTG/A PFD Q (FNMAI) reported $29.2B in total revenue for fiscal year 2025. This represents a -5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Fannie MAE MTG/A PFD Q (FNMAI) revenue declined by 5.3% year-over-year, from $30.8B to $29.2B in fiscal year 2025.
Yes, Fannie MAE MTG/A PFD Q (FNMAI) reported a net income of $15.4B over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $14.4B, with a net profit margin of 49.3%.
As of fiscal year 2025, Fannie MAE MTG/A PFD Q (FNMAI) had $42.6B in cash and equivalents against $4.2T in long-term debt.
Fannie MAE MTG/A PFD Q (FNMAI) had a net profit margin of 49.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Fannie MAE MTG/A PFD Q (FNMAI) has a return on equity of 13.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Fannie MAE MTG/A PFD Q (FNMAI) generated $24.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Fannie MAE MTG/A PFD Q (FNMAI) had $4.3T in total assets as of fiscal year 2025, including both current and long-term assets.
Fannie MAE MTG/A PFD Q (FNMAI) had a debt-to-equity ratio of 38.12 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Fannie MAE MTG/A PFD Q (FNMAI) had a liabilities-to-equity ratio of 38.61 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Fannie MAE MTG/A PFD Q (FNMAI) had a return on assets of 0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Fannie MAE MTG/A PFD Q (FNMAI) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.