FY2025 · ended Dec 31, 2025 · Revenue $28.96B, -0.4% YoY · Filed Feb 11, 2026
Federal National Mortgage Association Fannie Mae (FNMA) files with the SEC under industry code 6111, Federal & Federally-Sponsored Credit Agencies. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $29.0 billion and net income of $14.4 billion. As of Sep 30, 2026 it held $111.6 billion in cash and investments and $4.14 trillion in total debt.
Revenue (TTM)
$29.83B
+3.1% vs year-ago TTM
Net income (TTM)
$15.41B
+2.9% vs year-ago TTM
Operating cash flow (TTM)
$32.60B
+480.8% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$0.21
+10350.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
1.16B
+0.0% vs prior year
Net cash
$-4.03T
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Federal & Federally-Sponsored Credit Agencies (SIC 6111)
- Listed as
- FNMA (OTC), FNMFN (OTC), FNMAM (OTC), FNMAN (OTC), FNMAI (OTC), FNMAT (OTC), FNMAK (OTC), FNMAL (OTC), FNMFM (OTC), FNMAO (OTC), FNMAG (OTC), FNMFO (OTC), FNMAH (OTC), FNMAJ (OTC), FNMAP (OTC), FNMAS (OTC)
- Fiscal year ends
- December 31
- Headquarters
- Washington, DC
- SEC filer status
- Large accelerated filer
- SEC CIK
- 310522
- Former names
- FEDERAL NATIONAL MORTGAGE ASSOCIATION (until Feb 13, 2003)
Other Federal & Federally-Sponsored Credit Agencies companies
All 3 Federal & Federally-Sponsored Credit Agencies companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $29.0B | $29.1B | $29.0B | $29.7B | $29.9B |
| Net income | $14.4B | $17.0B | $17.4B | $12.9B | $22.2B |
| Diluted EPS | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| Operating cash flow | $24.0B | -$10.5B | $11.9B | $43.8B | $47.2B |
| Total assets | $4.3T | $4.3T | $4.3T | $4.3T | $4.2T |
| Total liabilities | $4.2T | $4.3T | $4.2T | $4.2T | $4.2T |
| Stockholders' equity | $109.0B | $94.7B | $77.7B | $60.3B | $47.4B |
| Cash and investments | $81.3B | $118.0B | $88.9B | $108.8B | $131.5B |
| Total debt | $4.2T | $4.2T | $4.2T | $4.2T | $4.2T |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Nov 3, 2026 | Oct 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 10-Q | Quarterly report | Jul 29, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Apr 29, 2026 | Apr 29, 2026 |
All 1005 Federal National Mortgage Association Fannie Mae SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.