Fannie Mae's second quarter net income rose 20% to $4.0 billion, increasing net worth to $116.5 billion.

Fannie Mae reported second quarter net income of $4.0 billion on net revenues of $7.6 billion. The company continued to build capital, ending the quarter with a net worth of $116.5 billion, slightly ahead of analyst expectations.

Key Highlights

• Net income increased to $4.0 billion, up 20% from $3.3 billion in the same quarter last year, marking the 34th consecutive profitable quarter.
• Net worth grew to $116.5 billion as of June 30, 2026, a sequential increase of $3.8 billion from the first quarter, continuing its capital build toward an eventual exit from conservatorship.
• The multifamily serious delinquency rate decreased to 0.60% from 0.78% at the end of the prior quarter, while the single-family rate remained stable at 0.58%.