Key facts
- Fannie Mae reported $4 billion in net income for the second quarter of 2026.
- Net income increased by 7% from the prior quarter.
- Net income increased by 20% year-over-year.
- Higher revenue contributed to the net income.
- Increased net interest income drove revenue growth.
- Deferred guaranty fees also contributed to revenue growth.
- Credit loss provisions rose during the quarter.
- The revenue increases offset the rise in credit loss provisions.
Fannie Mae reported a net income of $4 billion for the second quarter of 2026. This figure represents a 7% increase from the net income recorded in the first quarter of 2026 and a significant 20% rise when compared to the second quarter of 2025. The company's improved financial results were driven by an increase in overall revenue. Key components contributing to this revenue growth included higher net interest income and deferred guaranty fees. These positive revenue streams were sufficient to offset an increase in credit loss provisions that Fannie Mae had to account for during the quarter. The government-sponsored enterprise's performance indicates a strengthening financial position despite the need to set aside more funds for potential credit losses.