Fannie Mae reported $4 billion in net income during the second quarter of 2026, a 7% increase from the prior quarter and a 20% increase from a year earlier, as higher revenue offset an increase in its provision for credit losses.

The government-sponsored enterprise said in its Wednesday morning earnings call that net income rose from $3.7 billion in the first quarter and $3.3 billion in the second quarter of 2025. Net worth increased to $116.5 billion as of June 30, up from $112.7 billion at the end of the first quarter.

Bill Pulte, director of the Federal Housing Finance Agency details ⇒