Filing Flows › Federal Home Loan Mortgage (FMCC) › Q2 2026
Federal Home Loan Mortgage (FMCC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Federal Home Loan Mortgage (FMCC) reported revenue of $6.0B for the second quarter 2026 (Q2 2026), +1% from a year earlier. Operating margin was 79.7%, net earnings $3.8B (64.1% of revenue).
Federal Home Loan Mortgage, Q2 2026: revenue $6.0B (+1% year over year), operating margin 79.7%, net earnings $3.8B, operating cash flow $2.8B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.0B | — | +1% |
| Operating profit | $4.8B | — | +60% |
| Net earnings | $3.8B | — | +61% |
| Operating cash flow | $2.8B | — | -66% |
What changed
Revenue was $6.0B in Q2 2026, up 1% year over year.
Operating profit was $4.8B, a 79.7% margin (up 29.4 points year over year). Of the extra revenue versus Q2 2025, 2399% reached operating profit, above the 50% margin then. Total costs fell 59% while revenue rose 1%. Net earnings were $3.8B, up 61% year over year. The effective tax rate was 19.6%.
Operating cash flow was $2.8B (down 66% year over year), 72% of net earnings. Working capital and other items used $1.1B.
Questions
What was Federal Home Loan Mortgage's revenue in the second quarter 2026?
Federal Home Loan Mortgage (FMCC) reported revenue of $6.0B for the second quarter 2026 (Q2 2026), +1% from a year earlier.
Was Federal Home Loan Mortgage profitable in the second quarter 2026?
Operating profit was $4.8B (79.7% of revenue) and net earnings $3.8B.