Federal Agricultural Mortgage Corporation (AGM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 104.52M | 96.48M | 94.92M | 92.64M | 97.48M | 87.03M | 83.69M | 95.48M | 85.58M | 97.28M | 83.47M | 83.87M | 76.68M | 71.43M | 72.96M | 86.89M | 67.14M | 61.8M | 56.42M |
| Gross Margin % | - | 96.87% | 22.93% | 23.44% | 24.08% | 24.14% | 21.16% | 20.6% | 23.66% | 24.16% | 24.86% | 23.87% | 26.14% | 28.12% | 36.11% | 49.65% | 63.34% | 58.83% | 55.42% | 52.53% |
| Gross Profit Growth % | -100% | 7.22% | 10.86% | 13.42% | -2.98% | 13.92% | -10.54% | 0.25% | 13.85% | 11.6% | 36.2% | 14.41% | -3.48% | 14.22% | 15.58% | 29.33% | 42.03% | 10.99% | 33.21% | -4.65% |
| Operating Expenses | 33.38M | 44.05M | 29.8M | 29.49M | 29.51M | 29.09M | 24.78M | 24.47M | 27.24M | 25.16M | 24.03M | 24.19M | 23.71M | 21.46M | 19.38M | 20.05M | 21.39M | 20.68M | 17.11M | 16.88M |
| OpEx % of Revenue | 8.03% | 40.83% | 7.08% | 7.28% | 7.67% | 7.21% | 6.03% | 6.02% | 6.75% | 7.1% | 6.14% | 6.92% | 7.39% | 7.87% | 9.8% | 13.64% | 15.59% | 18.12% | 15.34% | 15.72% |
| Selling, General & Admin | 11.26M | 44.05M | 28.8M | 28.49M | 28.51M | 28.09M | 23.86M | 23.74M | 26.51M | 24.44M | 23.2M | 23.36M | 22.88M | 20.16M | 18.57M | 19.23M | 20.58M | 19.74M | 16.36M | 16.13M |
| SG&A % of Revenue | 2.71% | 40.83% | 6.84% | 7.04% | 7.41% | 6.96% | 5.8% | 5.84% | 6.57% | 6.9% | 5.93% | 6.68% | 7.13% | 7.39% | 9.39% | 13.09% | 15% | 17.3% | 14.67% | 15.02% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 0 | 60.47M | 66.69M | 65.43M | 63.13M | 68.39M | 62.25M | 59.22M | 68.25M | 60.41M | 73.25M | 59.29M | 60.15M | 55.22M | 52.05M | 52.91M | 65.5M | 46.46M | 44.69M | 39.54M |
| Operating Margin % | - | 56.04% | 15.85% | 16.16% | 16.41% | 16.94% | 15.14% | 14.58% | 16.91% | 17.06% | 18.72% | 16.95% | 18.75% | 20.25% | 26.31% | 36% | 47.75% | 40.71% | 40.08% | 36.82% |
| Operating Income Growth % | -100% | -11.58% | 7.13% | 10.49% | -7.5% | 13.21% | -15.02% | -0.12% | 13.45% | 9.4% | 40.73% | 12.05% | -8.16% | 18.86% | 16.46% | 33.83% | 54.87% | 5.66% | 40.4% | -12.26% |
| EBITDA | 0 | 60.47M | 66.69M | 65.43M | 63.13M | 68.39M | 62.25M | 59.22M | 68.25M | 60.41M | 73.25M | 59.29M | 60.15M | 55.22M | 52.13M | 53.05M | 65.63M | 46.46M | 44.69M | 39.54M |
| EBITDA Margin % | - | 56.04% | 15.85% | 16.16% | 16.41% | 16.94% | 15.14% | 14.58% | 16.91% | 17.06% | 18.72% | 16.95% | 18.75% | 20.25% | 26.35% | 36.1% | 47.84% | 40.71% | 40.08% | 36.82% |
| EBITDA Growth % | -100% | -11.58% | 7.13% | 10.49% | -7.5% | 13.21% | -15.02% | -0.12% | 13.45% | 9.4% | 40.52% | 11.76% | -8.35% | 18.86% | 16.64% | 34.17% | 55.18% | 5.66% | 40.4% | -12.26% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80K | 136K | 131K | 0 | 0 | 0 |
| EBIT | 0 | 60.47M | 66.69M | 65.43M | 63.13M | 68.39M | 62.25M | 59.22M | 68.25M | 60.41M | 73.25M | 59.29M | 60.15M | 55.22M | 52.05M | 52.91M | 65.5M | 46.46M | 44.69M | 39.54M |
| Net Interest Income | 0 | 94.35M | 98.48M | 96.8M | 90.94M | 93.37M | 86.79M | 87.34M | 86.37M | 82.17M | 87.64M | 78.68M | 79.06M | 73.64M | 67.85M | 63.91M | 65.54M | 57.39M | 58.92M | 55.13M |
| Interest Income | 0 | 281.83M | 415.34M | 399.02M | 381.41M | 395.76M | 407.73M | 403.71M | 396.32M | 351.37M | 381.81M | 343.83M | 315.27M | 267.73M | 193.79M | 139.45M | 115.88M | 105.81M | 108.38M | 107.08M |
| Interest Expense | 314.56M | 187.48M | 316.86M | 302.23M | 290.48M | 302.4M | 320.94M | 316.37M | 309.95M | 269.2M | 294.17M | 265.15M | 236.21M | 194.09M | 125.94M | 75.53M | 50.34M | 48.41M | 49.47M | 51.96M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 71.44M | 60.47M | 66.69M | 65.43M | 63.13M | 68.39M | 62.25M | 59.22M | 68.25M | 60.41M | 73.25M | 59.29M | 60.15M | 55.22M | 52.05M | 52.91M | 65.5M | 46.46M | 44.69M | 39.54M |
| Pretax Margin % | 17.17% | 56.04% | 15.85% | 16.16% | 16.41% | 16.94% | 15.14% | 14.58% | 16.91% | 17.06% | 18.72% | 16.95% | 18.75% | 20.25% | 26.31% | 36% | 47.75% | 40.71% | 40.08% | 36.82% |
| Income Tax | 12.31M | 12.57M | 11.69M | 10.59M | 13.47M | 11.88M | 12.42M | 12.11M | 14.5M | 12.79M | 15.11M | 12.07M | 13.12M | 11.8M | 10.63M | 11.06M | 14.05M | 9.77M | 9.39M | 8.25M |
| Effective Tax Rate % | 17.24% | 20.79% | 17.52% | 16.19% | 21.34% | 17.37% | 19.95% | 20.45% | 21.25% | 21.17% | 20.63% | 20.37% | 21.81% | 21.37% | 20.42% | 20.9% | 21.44% | 21.04% | 21.01% | 20.87% |
| Net Income | 51.83M | 47.9M | 55M | 54.84M | 49.65M | 56.51M | 49.83M | 47.1M | 53.75M | 47.62M | 58.14M | 47.21M | 47.03M | 43.42M | 41.42M | 41.85M | 51.45M | 36.68M | 35.3M | 31.29M |
| Net Margin % | 12.46% | 44.39% | 13.07% | 13.54% | 12.91% | 14% | 12.12% | 11.59% | 13.32% | 13.44% | 14.86% | 13.5% | 14.66% | 15.92% | 20.94% | 28.48% | 37.51% | 32.14% | 31.66% | 29.13% |
| Net Income Growth % | 4.39% | -15.24% | 10.39% | 16.41% | -7.62% | 18.68% | -14.29% | -0.23% | 14.27% | 9.68% | 40.37% | 12.8% | -8.59% | 18.36% | 17.31% | 33.78% | 54.85% | 5.72% | 38.49% | -12.18% |
| Net Income (Continuing) | 51.83M | 47.9M | 55M | 54.84M | 49.65M | 56.51M | 49.83M | 47.1M | 53.75M | 47.62M | 58.14M | 47.21M | 47.03M | 43.42M | 41.42M | 41.85M | 51.45M | 36.68M | 35.3M | 31.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.01 | 3.71 | 4.44 | 4.48 | 4.01 | 4.63 | 3.86 | 3.68 | 4.28 | 3.73 | 4.69 | 3.70 | 3.69 | 3.36 | 3.18 | 3.23 | 4.10 | 2.75 | 2.63 | 2.35 |
| EPS Growth % | 0% | -19.87% | 15.03% | 21.74% | -6.31% | 24.13% | -17.7% | -0.54% | 15.99% | 11.01% | 47.48% | 14.55% | -10% | 22.18% | 20.91% | 37.45% | 58.91% | 0.73% | 52.02% | -20.07% |
| EPS (Basic) | 4.01 | 3.71 | 4.45 | 4.50 | 4.04 | 4.67 | 3.89 | 3.71 | 4.33 | 3.77 | 4.74 | 3.73 | 3.73 | 3.39 | 3.21 | 3.25 | 4.15 | 2.78 | 2.65 | 2.36 |
| Diluted Shares Outstanding | 12.91M | 12.91M | 10.97M | 10.96M | 10.98M | 10.97M | 10.97M | 10.96M | 10.97M | 10.95M | 10.94M | 10.92M | 10.92M | 10.89M | 10.87M | 10.86M | 10.89M | 10.88M | 10.84M | 10.84M |
| Basic Shares Outstanding | 12.91M | 12.91M | 10.93M | 10.93M | 10.9M | 10.87M | 10.88M | 10.88M | 10.85M | 10.84M | 10.84M | 10.83M | 10.8M | 10.8M | 10.8M | 10.8M | 10.77M | 10.77M | 10.77M | 10.76M |
| Dividend Payout Ratio | - | 47.79% | 40.12% | 40.24% | 44.35% | 35.39% | 44.25% | 46.76% | 40.89% | 39.31% | 32.19% | 39.63% | 39.7% | 39.27% | 41.17% | 40.73% | 33.08% | 44.34% | 44.15% | 47.12% |