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Fannie Mae earns $4.0 billion in second quarter 2026

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Fannie Mae (FNMA) reported second-quarter 2026 net income of $4.0 billion, up from $3.7 billion in the first quarter of 2026. Net revenues increased to $7.6 billion from $7.3 billion in the prior quarter.

The company said its net worth rose to $116.5 billion as of June 30, 2026, and reported its 34th consecutive quarterly profit. Fannie Mae provided $125 billion in mortgage market liquidity during the quarter, supporting approximately 417,000 home purchases, refinancings, and rental units.

  • Second-quarter net income was $3.982 billion, compared with $3.720 billion in the first quarter and $3.317 billion a year earlier.
  • Net revenues were $7.565 billion, up 4% from the first quarter and 4% from the second quarter of 2025.
  • Net worth was $116.497 billion at quarter-end.
  • Basic and diluted earnings per share were both $0.03 for the quarter.
  • Fannie Mae’s guaranty book of business was $4.1 trillion.
  • The company helped nearly 110,000 first-time homebuyers purchase a home.
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