---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-26-000041"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:26:47.367350+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fannie Mae Q1 2026 net income $3.7B; net worth rises to $112.7B

## Summary
- Net income of $3.7B, up from $3.5B in Q4 2025; 33rd consecutive quarterly profit.
- Net revenues flat at $7.3B; administrative expenses fell 19% QoQ to $745M.
- Single-family net income $3.174B (+19% QoQ); multifamily net income $546M (-36% QoQ).
- Net worth $112.7B, up $99.2B since start of 2020; illustrative CET1 return 10.4%.
- Single-family serious delinquency stable at 0.58%; multifamily rate rose to 0.78%.

## SEC filing metadata
- accession: 0000310522-26-000041
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052226000041/0000310522-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052226000041/fnm-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-26-000041
- JSON: https://secwatch.observer/filing/0000310522-26-000041.json
- Plain text: https://secwatch.observer/filing/0000310522-26-000041.txt

## Key facts
- Earnings Releases
  FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE reported first quarter of 2026 results: revenue net revenues of $7.3 billion, net income $3.7 billion in net income.
  - Period: first quarter of 2026
  - Revenue: net revenues of $7.3 billion
  - Net income: $3.7 billion in net income
  - Result: reported results
  source text: and other disclosures, can be found on our Quarterly and Annual Results webpage at fanniemae.com/financialresults. First Quarter 2026 Key Metrics $3.7 billion $112.7 billion $7.3 billion Net Income Net Worth Net Revenues (1) ($3.5 billion in 4Q 2025) ($109.0 billion in 4Q 2025) ($7.3 billion in 4Q 2025) $4.1 trillion 10.2% 10.4% Guaranty Book of Business
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052226000041/0000310522-26-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.