Farmer Mac (AGM)
Provides secondary-market financing for U.S. agriculture and rural power, broadband, and renewable-energy infrastructure.
$215.75
vs last close−3.08 (−1.41%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 391 | 354 | 404 | 406 | 411 | 404 | 385 | 405 | 421 | 108 | 424 | 450 |
| Cost of revenue | 294 | 269 | 308 | 323 | 324 | 306 | 292 | 310 | 324 | 3 | 319 | 332 |
| Gross profit | 97 | 86 | 95 | 84 | 87 | 97 | 93 | 95 | 96 | 105 | 105 | 118 |
| 24 | 25 | 27 | 24 | 25 | 29 | 30 | 29 | 30 | 44 | 33 | 43 | |
| 23 | 24 | 27 | 24 | 24 | 28 | 29 | 28 | 29 | 44 | 33 | 12 | |
| General & administrative | 23 | 24 | 27 | 24 | 24 | 28 | 29 | 28 | 29 | 44 | 33 | 12 |
| Other expenses | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 32 |
| Operating income | 73 | 60 | 68 | 59 | 62 | 68 | 63 | 65 | 67 | 60 | 71 | 75 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | |
| Interest income | 382 | 351 | 396 | 404 | 408 | 396 | 381 | 399 | 415 | 282 | 416 | 450 |
| Interest expense | 294 | 269 | 310 | 316 | 321 | 302 | 290 | 302 | 317 | 187 | 315 | 332 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −7 |
| Income before tax | 73 | 60 | 68 | 59 | 62 | 68 | 63 | 65 | 67 | 60 | 71 | 82 |
| Income tax expense | 15 | 13 | 15 | 12 | 12 | 12 | 13 | 11 | 12 | 13 | 12 | 15 |
| Net income from continuing operations | 58 | 48 | 54 | 47 | 50 | 57 | 50 | 55 | 55 | 48 | 59 | 67 |
| Net income | 58 | 48 | 54 | 47 | 50 | 57 | 50 | 55 | 55 | 48 | 59 | 67 |
| EPS, basic | $4.74 | $3.77 | $4.33 | $3.71 | $3.89 | $4.67 | $4.04 | $4.50 | $4.45 | $3.71 | $4.78 | $5.43 |
| EPS, diluted | $4.69 | $3.73 | $4.28 | $3.68 | $3.86 | $4.63 | $4.01 | $4.48 | $4.44 | $3.71 | $4.75 | $5.41 |
| Weighted average shares, basic | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 11 |
| Weighted average shares, diluted | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 11 |
| EBITDA | 73 | 60 | 68 | 59 | 62 | 68 | 63 | 65 | 67 | 60 | 71 | 82 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 73 | 60 | 68 | 59 | 62 | 68 | 63 | 65 | 67 | 60 | 71 | 82 |