Filing Flows › Federal Home Loan Mortgage (FMCC) › Q3 2026
Federal Home Loan Mortgage (FMCC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Federal Home Loan Mortgage (FMCC) reported revenue of $6.8B for the third quarter 2026 (Q3 2026), +19% from a year earlier and +14% from the quarter before. Operating margin was 59.0%, net earnings $3.2B (47.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.8B | +14% | +19% |
| Operating profit | $4.0B | -16% | +16% |
| Net earnings | $3.2B | -16% | +17% |
| Operating cash flow | $4.2B | +53% | -17% |
What changed
Revenue was $6.8B in Q3 2026, up 19% year over year and up 14% from the previous quarter.
Operating profit was $4.0B, a 59.0% margin (down 1.1 points year over year). Of the extra revenue versus Q3 2025, 53% reached operating profit, below the 60% margin then. Total costs grew 22% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $3.2B, up 17% year over year. The effective tax rate was 19.4%.
Operating cash flow was $4.2B (down 17% year over year), 130% of net earnings. Working capital and other items added $1.0B.
Questions
What was Federal Home Loan Mortgage's revenue in the third quarter 2026?
Federal Home Loan Mortgage (FMCC) reported revenue of $6.8B for the third quarter 2026 (Q3 2026), +19% from a year earlier and +14% from the quarter before.
Was Federal Home Loan Mortgage profitable in the third quarter 2026?
Operating profit was $4.0B (59.0% of revenue) and net earnings $3.2B.