Federal National Mortgage Association
OTC:FNMA
Income Statement
Earnings Waterfall
Federal National Mortgage Association
Revenue
|
139.3B
USD
|
Cost of Revenue
|
-113.7B
USD
|
Gross Profit
|
25.6B
USD
|
Operating Expenses
|
-4.9B
USD
|
Operating Income
|
20.7B
USD
|
Other Expenses
|
-20.7B
USD
|
Net Income
|
3m
USD
|
Income Statement
Federal National Mortgage Association
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
41 729
N/A
|
47 213
+13%
|
46 895
-1%
|
46 241
-1%
|
120 198
+160%
|
114 531
-5%
|
113 072
-1%
|
111 517
-1%
|
110 644
-1%
|
110 281
0%
|
109 349
-1%
|
107 820
-1%
|
106 781
-1%
|
106 886
+0%
|
107 858
+1%
|
110 371
+2%
|
111 833
+1%
|
112 971
+1%
|
114 268
+1%
|
115 186
+1%
|
117 560
+2%
|
119 479
+2%
|
120 773
+1%
|
121 090
+0%
|
120 247
-1%
|
119 045
-1%
|
116 092
-2%
|
112 401
-3%
|
107 849
-4%
|
102 051
-5%
|
99 933
-2%
|
98 898
-1%
|
100 032
+1%
|
103 808
+4%
|
108 130
+4%
|
113 976
+5%
|
120 533
+6%
|
126 625
+5%
|
131 321
+4%
|
135 673
+3%
|
139 317
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(16 815)
|
(20 214)
|
(20 863)
|
(20 873)
|
(95 718)
|
(93 829)
|
(91 486)
|
(90 156)
|
(89 508)
|
(89 606)
|
(89 503)
|
(88 263)
|
(86 365)
|
(85 910)
|
(87 052)
|
(88 773)
|
(90 969)
|
(92 204)
|
(93 287)
|
(95 078)
|
(98 016)
|
(100 491)
|
(102 096)
|
(102 554)
|
(100 820)
|
(99 125)
|
(95 705)
|
(90 867)
|
(85 194)
|
(78 128)
|
(73 586)
|
(72 319)
|
(73 155)
|
(76 371)
|
(81 276)
|
(87 045)
|
(94 167)
|
(100 923)
|
(106 418)
|
(110 713)
|
(113 700)
|
|
Gross Profit |
24 914
N/A
|
26 999
+8%
|
26 032
-4%
|
25 368
-3%
|
24 480
-4%
|
20 702
-15%
|
21 586
+4%
|
21 361
-1%
|
21 136
-1%
|
20 675
-2%
|
19 846
-4%
|
19 557
-1%
|
20 416
+4%
|
20 976
+3%
|
20 806
-1%
|
21 598
+4%
|
20 864
-3%
|
20 767
0%
|
20 981
+1%
|
20 108
-4%
|
19 544
-3%
|
18 988
-3%
|
18 677
-2%
|
18 536
-1%
|
19 427
+5%
|
19 920
+3%
|
20 387
+2%
|
21 534
+6%
|
22 655
+5%
|
23 923
+6%
|
26 347
+10%
|
26 579
+1%
|
26 877
+1%
|
27 437
+2%
|
26 854
-2%
|
26 931
+0%
|
26 366
-2%
|
25 702
-3%
|
24 903
-3%
|
24 960
+0%
|
25 617
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
9 436
|
9 161
|
5 020
|
2 350
|
501
|
(398)
|
(3 387)
|
(3 548)
|
(4 497)
|
(3 941)
|
(1 229)
|
(1 513)
|
(2 258)
|
(3 043)
|
(3 393)
|
(4 408)
|
(2 728)
|
(2 739)
|
(2 959)
|
(2 106)
|
(1 518)
|
(1 334)
|
(1 496)
|
(400)
|
(1 406)
|
(7 835)
|
(8 569)
|
(9 635)
|
(2 513)
|
(2 326)
|
(30)
|
336
|
397
|
(1 286)
|
(4 142)
|
(7 356)
|
(11 120)
|
(11 008)
|
(9 754)
|
(7 418)
|
(4 912)
|
|
Selling, General & Administrative |
(2 545)
|
(2 576)
|
(2 647)
|
(2 707)
|
(2 777)
|
(2 828)
|
(2 820)
|
(3 066)
|
(3 050)
|
(3 015)
|
(3 004)
|
(2 713)
|
(2 741)
|
(2 737)
|
(2 745)
|
(2 748)
|
(2 737)
|
(2 803)
|
(2 872)
|
(2 948)
|
(3 059)
|
(3 053)
|
(3 042)
|
(3 051)
|
(3 023)
|
(3 028)
|
(3 038)
|
(3 051)
|
(3 068)
|
(3 067)
|
(3 059)
|
(3 042)
|
(3 065)
|
(3 125)
|
(3 174)
|
(3 299)
|
(3 329)
|
(3 389)
|
(3 458)
|
(3 485)
|
(3 604)
|
|
Other Operating Expenses |
11 981
|
11 737
|
7 667
|
5 057
|
3 278
|
2 430
|
(567)
|
(482)
|
(1 447)
|
(926)
|
1 775
|
1 200
|
483
|
(306)
|
(648)
|
(1 660)
|
9
|
64
|
(87)
|
842
|
1 541
|
1 719
|
1 546
|
2 651
|
1 617
|
(4 807)
|
(5 531)
|
(6 584)
|
555
|
741
|
3 029
|
3 378
|
3 462
|
1 839
|
(968)
|
(4 057)
|
(7 791)
|
(7 619)
|
(6 296)
|
(3 933)
|
(1 308)
|
|
Operating Income |
34 350
N/A
|
36 160
+5%
|
31 052
-14%
|
27 718
-11%
|
24 981
-10%
|
20 304
-19%
|
18 199
-10%
|
17 813
-2%
|
16 639
-7%
|
16 734
+1%
|
18 617
+11%
|
18 044
-3%
|
18 158
+1%
|
17 933
-1%
|
17 413
-3%
|
17 190
-1%
|
18 136
+6%
|
18 028
-1%
|
18 022
0%
|
18 002
0%
|
18 026
+0%
|
17 654
-2%
|
17 181
-3%
|
18 136
+6%
|
18 021
-1%
|
12 085
-33%
|
11 818
-2%
|
11 899
+1%
|
20 142
+69%
|
21 597
+7%
|
26 317
+22%
|
26 915
+2%
|
27 274
+1%
|
26 151
-4%
|
22 712
-13%
|
19 575
-14%
|
15 246
-22%
|
14 694
-4%
|
15 149
+3%
|
17 542
+16%
|
20 705
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4 150
|
2 154
|
607
|
(406)
|
(3 897)
|
(4 430)
|
(882)
|
(3 142)
|
(431)
|
(1 598)
|
(5 987)
|
(3 721)
|
175
|
2 870
|
3 833
|
3 881
|
311
|
1 655
|
2 467
|
2 995
|
2 073
|
80
|
(719)
|
(1 731)
|
(444)
|
(180)
|
(756)
|
30
|
(1 594)
|
(331)
|
738
|
638
|
1 507
|
1 056
|
1 336
|
1 230
|
987
|
746
|
695
|
1 378
|
1 251
|
|
Non-Reccuring Items |
67
|
48
|
42
|
(18)
|
66
|
125
|
113
|
97
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3 223
|
2 959
|
2 471
|
(3 669)
|
(650)
|
(619)
|
(387)
|
(832)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
38 567
N/A
|
38 362
-1%
|
31 701
-17%
|
27 294
-14%
|
21 150
-23%
|
15 999
-24%
|
17 430
+9%
|
14 768
-15%
|
16 208
+10%
|
15 136
-7%
|
12 630
-17%
|
14 323
+13%
|
18 333
+28%
|
20 803
+13%
|
21 246
+2%
|
21 071
-1%
|
18 447
-12%
|
19 683
+7%
|
20 489
+4%
|
20 997
+2%
|
20 099
-4%
|
17 734
-12%
|
16 462
-7%
|
16 405
0%
|
17 577
+7%
|
15 128
-14%
|
14 021
-7%
|
14 400
+3%
|
14 879
+3%
|
20 616
+39%
|
26 436
+28%
|
27 166
+3%
|
27 949
+3%
|
27 207
-3%
|
24 048
-12%
|
20 805
-13%
|
16 233
-22%
|
15 440
-5%
|
15 844
+3%
|
18 920
+19%
|
21 956
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
45 415
|
(7 740)
|
(7 507)
|
(7 939)
|
(6 941)
|
(5 227)
|
(5 685)
|
(4 968)
|
(5 253)
|
(4 933)
|
(4 121)
|
(4 578)
|
(6 020)
|
(6 853)
|
(7 042)
|
(7 040)
|
(6 084)
|
(5 832)
|
(5 381)
|
(4 901)
|
(4 140)
|
(3 636)
|
(3 389)
|
(3 380)
|
(3 417)
|
(2 907)
|
(2 687)
|
(2 800)
|
(3 074)
|
(4 279)
|
(5 492)
|
(5 609)
|
(5 773)
|
(5 616)
|
(4 956)
|
(4 119)
|
(3 310)
|
(3 153)
|
(3 216)
|
(4 029)
|
(4 548)
|
|
Income from Continuing Operations |
83 982
|
30 622
|
24 194
|
19 355
|
14 209
|
10 772
|
11 745
|
9 800
|
10 955
|
10 203
|
8 509
|
9 745
|
12 313
|
13 950
|
14 204
|
14 031
|
12 363
|
13 851
|
15 108
|
16 096
|
15 959
|
14 098
|
13 073
|
13 025
|
14 160
|
12 221
|
11 334
|
11 600
|
11 805
|
16 337
|
20 944
|
21 557
|
22 176
|
21 591
|
19 092
|
16 686
|
12 923
|
12 287
|
12 628
|
14 891
|
17 408
|
|
Income to Minority Interest |
(19)
|
(19)
|
(9)
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(1 456)
N/A
|
(1 140)
+22%
|
(1 027)
+10%
|
(1 241)
-21%
|
(1 115)
+10%
|
(656)
+41%
|
(329)
+50%
|
(477)
-45%
|
(262)
+45%
|
(137)
+48%
|
(341)
-149%
|
120
N/A
|
77
-36%
|
(146)
N/A
|
(140)
+4%
|
(384)
-174%
|
(6 481)
-1 588%
|
(3 152)
+51%
|
(3 237)
-3%
|
(3 176)
+2%
|
3 346
N/A
|
62
-98%
|
131
+111%
|
81
-38%
|
191
+136%
|
137
-28%
|
83
-39%
|
110
+33%
|
15
-86%
|
57
+280%
|
76
+33%
|
77
+1%
|
78
+1%
|
58
-26%
|
30
-48%
|
19
-37%
|
3
-84%
|
(4)
N/A
|
(9)
-125%
|
6
N/A
|
3
-50%
|
|
EPS (Diluted) |
-0.26
N/A
|
-0.2
+23%
|
-0.18
+10%
|
-0.22
-22%
|
-0.19
+14%
|
-0.12
+37%
|
-0.06
+50%
|
-0.08
-33%
|
-0.05
+38%
|
-0.02
+60%
|
-0.06
-200%
|
0.02
N/A
|
0.01
-50%
|
-0.03
N/A
|
-0.03
N/A
|
-0.07
-133%
|
-1.12
-1 500%
|
-0.53
+53%
|
-0.56
-6%
|
-0.53
+5%
|
0.57
N/A
|
0.01
-98%
|
0.03
+200%
|
0.01
-67%
|
0.03
+200%
|
0.02
-33%
|
0.01
-50%
|
0.02
+100%
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|