Filing Flows › Federal Home Loan Mortgage (FMCC) › Q3 2026 › vs Q3 2025
Federal Home Loan Mortgage (FMCC) Q3 2026 vs Q3 2025 (year over year)
Federal Home Loan Mortgage's revenue rose $1.1B (+19%) from $5.7B in Q3 2025 to $6.8B in Q3 2026. Operating margin 59.0% against 60.1% (-1.1 pts).
Federal Home Loan Mortgage, Q3 2026: revenue $6.8B (+19% year over year), operating margin 59.0%, net earnings $3.2B, operating cash flow $4.2B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 59.0% | 60.1% | -1.1 pts |
| Net margin | 47.5% | 48.3% | -0.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $6.8B | $5.7B | $1.1B | +19% |
| Operating profit | $4.0B | $3.4B | $568M | +16% |
| Costs & expenses | $2.8B | $2.3B | $503M | +22% |
| Pre-tax earnings | $4.0B | $3.4B | $568M | +16% |
| General & admin | $686M | $716M | −$30.0M | -4% |
| Other operating costs | $2.1B | $1.6B | $533M | +34% |
| Net earnings | $3.2B | $2.8B | $462M | +17% |
| Income tax | $781M | $675M | $106M | +16% |
| Working capital & other | $986M | $2.3B | −$1.3B | -57% |
| Operating cash flow | $4.2B | $5.1B | −$859M | -17% |
Questions
How much did Federal Home Loan Mortgage's revenue grow year over year in Q3 2026?
Federal Home Loan Mortgage's revenue rose $1.1B (+19%) from $5.7B in Q3 2025 to $6.8B in Q3 2026. Operating margin 59.0% against 60.1% (-1.1 pts).