$FMCKP

FEDERAL HOME LOAN MORTGAGE CORP

CIK:0001026214|SEC Filings

Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Net interest income
Interest income	$ 34,275	$ 32,048	$ 67,925	$ 63,413
Interest Expense	(28,265)	(26,749)	(56,296)	(53,012)
Net interest income	6,010	5,299	11,629	10,401
Non-interest income (loss)
Guarantee income	288	398	608	838
Investment gains (losses), net	(426)	119	(384)	311
Other income	119	100	271	218
Non-interest income (loss)	(19)	617	495	1,367
Net revenues	5,991	5,916	12,124	11,768
(Provision) benefit for credit losses	880	(783)	1,200	(1,063)
Non-interest expense
Salaries and employee benefits	(395)	(453)	(771)	(876)
Professional services, technology, and occupancy	(281)	(295)	(531)	(548)
Credit enhancement expense	(507)	(511)	(948)	(1,051)
Legislative and regulatory assessments	(840)	(825)	(1,672)	(1,642)
Other expense	(74)	(74)	(197)	(129)
Non-interest expense	(2,097)	(2,158)	(4,119)	(4,246)
Income before income tax expense	4,774	2,975	9,205	6,459
Income tax expense	(936)	(588)	(1,809)	(1,278)
Net income	3,838	2,387	7,396	5,181
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other comprehensive income (loss), net of taxes and reclassification adjustments	9	21	(11)	55
Comprehensive income	3,847	2,408	7,385	5,236
Net income	3,838	2,387	7,396	5,181
Amounts attributable to senior preferred stock	(3,847)	(2,408)	(7,385)	(5,236)
Net income (loss) attributable to common stockholders	$ (9)	$ (21)	$ 11	$ (55)
Net income (loss) per common share - basic (in dollars per share)	$ 0.00	$ (0.01)	$ 0.00	$ (0.02)
Net income (loss) per common share - diluted (in dollars per share)	$ 0.00	$ (0.01)	$ 0.00	$ (0.02)
Weighted average common shares outstanding - basic (in shares)	3,234	3,234	3,234	3,234
Weighted average common shares outstanding - diluted (in shares)	3,234	3,234	3,234	3,234

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Net cash provided by (used in) operating activities	$ 6,626	$ 11,715
Cash flows from investing activities
Purchases of investment securities	(40,674)	(51,127)
Proceeds from sales of investment securities	33,758	21,167
Proceeds from maturities and repayments of investment securities	7,131	2,079
Purchases of mortgage loans acquired held-for-investment	(109,067)	(61,566)
Proceeds from sales of mortgage loans acquired held-for-investment	723	1,760
Proceeds from repayments of mortgage loans acquired held-for-investment	197,540	146,952
Advances under secured lending arrangements	(71,020)	(62,533)
Net (increase) decrease in securities purchased under agreements to resell	21,389	5,305
Cash flows related to derivatives	770	(716)
Other, net	(374)	(407)
Net cash provided by (used in) investing activities	40,176	914
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Net increase (decrease) in borrowings with original maturity of three months or less	(12,591)	6,713
Net increase (decrease) in securities sold under agreements to repurchase	(1,776)	(638)
Other, net	(2)	(2)
Net cash provided by (used in) financing activities	(47,808)	(13,896)
Net increase (decrease) in cash and cash equivalents (includes restricted cash and cash equivalents)	(1,006)	(1,267)
Cash and cash equivalents (includes restricted cash and cash equivalents) at the beginning of year	5,327	5,534
Cash and cash equivalents (includes restricted cash and cash equivalents) at end of period	4,321	4,267
Cash paid for:
Debt interest	59,437	54,751
Income taxes (net of refunds received)	1,500	1,500
Held by consolidated trusts
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Proceeds from issuance	204,039	129,263
Repayments and redemptions	(225,144)	(152,922)
Cash and cash equivalents (includes restricted cash and cash equivalents) at the beginning of year	1,136
Cash and cash equivalents (includes restricted cash and cash equivalents) at end of period	1,132
Held by Freddie Mac
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Proceeds from issuance	58,173	63,572
Repayments and redemptions	$ (70,507)	$ (59,882)

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Assets [Abstract]
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	$ 4,321	$ 5,327
Securities purchased under agreements to resell	52,406	71,919
Investment securities, at fair value	84,342	85,412
Mortgage Loans Held-for-sale	1,361	1,014
Total held-for-investment mortgage loans, net	3,332,294	3,290,066
Accrued Interest Receivable	12,473	12,254
Deferred tax assets, net	4,490	5,040
Other Assets	26,628	26,566
Total assets	3,518,315	3,497,598
Liabilities [Abstract]
Accrued interest payable	10,955	10,597
Debt issued by consolidated trusts	3,236,663	3,198,008
Short-term Debt	17,984	37,718
Long-term Debt	163,745	169,296
Other Liabilities	11,199	11,595
Total liabilities	3,440,546	3,427,214
Equity
Senior preferred stock (liquidation preference of $146,570 and $140,248)	72,648	72,648
Preferred stock, at redemption value	14,109	14,109
Common stock, $0.00 par value, 4,000,000,000 shares authorized, 725,863,886 shares issued and 650,059,553 shares outstanding	0	0
Retained earnings	(5,143)	(12,539)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	40	51
Treasury stock, at cost, 75,804,333 shares	(3,885)	(3,885)
Total equity	77,769	70,384
Total liabilities and equity	3,518,315	3,497,598
Held by consolidated trusts
Assets [Abstract]
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	1,132	1,136
Securities purchased under agreements to resell	17,181	19,107
Investment securities, at fair value	936	34
Total held-for-investment mortgage loans, net	3,253,768	3,198,847
Financing Receivable, Accrued Interest, after Allowance for Credit Loss	11,216	10,825
Other Assets	8,403	8,573
Total assets	3,292,636	3,238,522
Liabilities [Abstract]
Accrued interest payable	9,601	9,312
Debt issued by consolidated trusts	3,236,663	3,198,008
Other Liabilities	1	0
Total liabilities	$ 3,246,265	$ 3,207,320