---
title: "Federal National Mortgage Association (Fannie Mae) Q2 2026: Revenue $7.6B, Net income $3.98B, EPS $0.03— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294200657.md"
description: "Fannie Mae reported Q2 2026 results with net revenues of $7.6B and net income of $3.982B, up 4.5% and 20.0% year-over-year respectively. Diluted EPS was $0.03. Growth was driven by higher net interest income and deferred guaranty fee income. The company continued transferring credit risk via CAS/CIRT, expanded its retained portfolio to $175B, and saw multifamily guaranty book growth of roughly 7%."
datetime: "2026-07-29T11:31:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294200657.md)
  - [en](https://longbridge.com/en/news/294200657.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294200657.md)
---

# Federal National Mortgage Association (Fannie Mae) Q2 2026: Revenue $7.6B, Net income $3.98B, EPS $0.03— 10-Q Summary

Federal National Mortgage Association (Fannie Mae) reported second-quarter 2026 results with net revenues of $7.6B and consolidated net income of $3.982B, driven by higher net interest income and deferred guaranty fee income; diluted EPS was $0.03, versus $0 in the year-ago quarter.

**Financial Highlights**

-   Revenue: $7.6B total net revenues for Q2 2026, up $324M (4.5% YoY) from $7.24B in Q2 2025.
-   Net income: $3.982B consolidated net income for Q2 2026, up $665M (20.0% YoY) from $3.317B in Q2 2025.
-   Diluted EPS: $0.03 diluted EPS for Q2 2026, compared with $0.00 in Q2 2025 (reported).

**Business Highlights**

-   Net revenue momentum: Net revenues rose to $7.6B for the quarter and $14.8B year-to-date, led by higher net interest income and deferred guaranty fee income.
-   Credit performance & risk transfer: Provision for credit losses declined year over year; the company continued to transfer credit risk using CAS/CIRT and mortgage insurance.
-   Portfolio & market support: The retained mortgage portfolio grew to $175B as Fannie Mae purchased agency MBS to support secondary-market liquidity.
-   Single-family origination shift: Acquisition volumes increased, driven by a pickup in refinances, raising the share of refinance activity in new acquisitions.
-   Multifamily activity: The multifamily guaranty book grew roughly 7% year over year, with increased monitoring of property valuations, NOI trends and lender risk-sharing.

Original SEC Filing: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE \[ FNMA \] - 10-Q - Jul. 29, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [FNMA.US](https://longbridge.com/en/quote/FNMA.US.md)

## Related News & Research

- [Fannie Mae (OTCMKTS:FNMA) Receives Average Recommendation of "Hold" from Analysts](https://longbridge.com/en/news/295901318.md)
- [FNMA: Net income grew 7% year-over-year to $4.0B, with net worth reaching $116.5B](https://longbridge.com/en/news/294200615.md)
- [SUNation Energy Q2 revenue slips as residential solar demand weakens](https://longbridge.com/en/news/295655230.md)
- [SUNE: Revenue plunged as residential solar demand fell post-tax credit, with a major merger pending](https://longbridge.com/en/news/295701992.md)
- [Titania buys Haninge small-home project with 10,500 sq m gross floor area](https://longbridge.com/en/news/296062052.md)