Revenue
Unavailable
Fiscal year ended 2026-05-31Net income
$262.11M
Fiscal year ended 2026-05-31Total assets
$39.70B
Fiscal year ended 2026-05-31NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ (NRUC) reported net income of $262.11M for the fiscal year ended 2026-05-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Miscellaneous Business Credit Institution.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $262.11M | $139.73M | $553.35M | $501.49M | $795.84M | $811.67M | -$585.24M | -$149.23M | $455.19M | $309.91M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $814.98M | -$590.59M | -$151.00M | $459.67M | $313.80M |
| Income tax expense | $334.00K | $188.00K | $1.50M | $800.00K | $1.15M | $998.00K | -$1.16M | $211.00K | $2.30M | $1.70M |
| Diluted EPS | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | $73.81M | $70.94M | $58.97M | $50.62M | $43.32M | $39.45M | $46.64M | $43.34M | $39.46M | $38.46M |
| General & administrative | Unavailable | Unavailable | $126.37M | $109.63M | $95.19M | $94.70M | $101.17M | $93.17M | $90.88M | $86.23M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $248.82M | $134.71M | $280.12M | $198.94M | $153.55M | $295.06M | $671.37M | $177.92M | $231.00M | $166.62M |
| Total assets | $39.70B | $38.33B | $36.18B | $34.01B | $31.25B | $29.64B | $28.16B | $27.12B | $26.69B | $25.21B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $36.39B | $35.22B | $33.17B | $31.42B | $29.11B | $28.24B | $27.51B | $25.82B | $25.18B | $24.11B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $3.31B | $3.10B | $3.01B | $2.59B | $2.14B | $1.40B | $648.82M | $1.30B | $1.51B | $1.10B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $28.35B | $27.16B | $25.90B | $23.95B | $21.55B | $20.60B | $19.71B | $19.21B | $18.71B | $17.96B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $310.53M | $207.53M | $320.62M | $337.77M | $250.79M | $239.96M | $219.22M | $197.04M | $155.23M | Unavailable |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$1.27B | -$2.32B | -$1.82B | -$2.46B | -$1.63B | -$1.97B | -$481.30M | -$697.68M | -$1.21B | Unavailable |
| Financing cash flow | $1.08B | $1.97B | $1.58B | $2.17B | $1.24B | $1.36B | $755.90M | $448.02M | $1.11B | Unavailable |
| Net change in cash | $114.30M | -$145.22M | $81.10M | $46.12M | -$142.25M | -$376.66M | $493.82M | -$52.62M | $50.40M | -$20.75M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $13.97M | $12.62M | $10.47M | $5.72M | $7.55M | $7.96M | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 8.56x | 8.75x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 0.5% | 0.5% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NRUC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-04-10View SEC filing
10-Q · Filed 2026-01-13View SEC filing
10-Q · Filed 2025-10-14View SEC filing
10-K · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-04-11View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.