National Rural Utilities Cooperative Finance Corporation (NRUC) Financial Statements (2026 and earlier)

Company Profile

Business Address 20701 COOPERATIVE WAY
DULLES, VA 20166-6691
State of Incorp. DC
Fiscal Year End May 31
Industry (SIC) 6159 - Miscellaneous business Credit Institutions (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

11/30/2025
Q2
8/31/2025
Q1
5/31/2025
Q4
2/28/2025
Q3
11/30/2024
Q2
8/31/2024
Q1
5/31/2024
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments344,585259,627407,054546,719507,949598,361
Cash and cash equivalent257,145134,712245,437347,131264,655280,124
Short-term investments87,440124,915161,617199,588243,294318,237
Total current assets:344,585259,627407,054546,719507,949598,361
Noncurrent Assets
Property, plant and equipment80,06981,66782,65283,39584,24085,119
Deferred costs8,5528,0197,9128,6448,0667,763
Total noncurrent assets:88,62189,68690,56492,03992,30692,882
Other undisclosed assets38,415,51237,975,73637,281,12536,473,72435,888,08635,486,571
TOTAL ASSETS:38,848,71838,325,04937,778,74337,112,48236,488,34136,177,814
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt4,836,7035,091,4164,236,0294,492,4034,417,0394,332,690
Total current liabilities:4,836,7035,091,4164,236,0294,492,4034,417,0394,332,690
Noncurrent Liabilities
Long-term debt and lease obligation29,262,23428,493,18628,856,78928,006,60927,552,13227,188,026
Long-term debt, excluding current maturities29,262,23428,493,18628,856,78928,006,60927,552,13227,188,026
Total noncurrent liabilities:29,262,23428,493,18628,856,78928,006,60927,552,13227,188,026
Other undisclosed liabilities1,695,0451,636,9811,654,7391,668,3021,717,9061,644,929
Total liabilities:35,793,98235,221,58334,747,55734,167,31433,687,07733,165,645
Equity
Equity, attributable to parent3,033,8333,082,4773,010,4492,924,5812,781,0392,991,462
Accumulated other comprehensive loss(2,235)(2,236)(1,364)(1,342)(684)(1,416)
Retained earnings3,036,0683,084,7133,011,8132,925,9232,781,7232,992,878
Equity, attributable to noncontrolling interest20,90320,98920,73720,58720,22520,707
Total equity:3,054,7363,103,4663,031,1862,945,1682,801,2643,012,169
TOTAL LIABILITIES AND EQUITY:38,848,71838,325,04937,778,74337,112,48236,488,34136,177,814

Income Statement (P&L) ($ in thousands)

11/30/2025
Q2
8/31/2025
Q1
5/31/2025
Q4
2/28/2025
Q3
11/30/2024
Q2
8/31/2024
Q1
5/31/2024
Q4
Revenues
(Net Investment Income)
447,446436,377428,860419,877418,119411,573
Gross profit:447,446436,377428,860419,877418,119411,573
Operating expenses(20,793)(18,185)(15,167)(18,488)(19,104)(15,092)
Other operating income, net
(Noninterest Income, Other Operating Income)
7,0756,5235,9825,4245,6686,619
Operating income:433,728424,715419,675406,813404,683403,100
Nonoperating income (expense)
(Investment Income, Nonoperating)
(32,204)43,29440,142109,038(198,325)113,687
Interest and debt expense   (10)(18)(22)987,118
Other undisclosed income from continuing operations before equity method investments, income taxes  50    
Income from continuing operations before income taxes:401,524468,059459,807515,833206,3361,503,905
Income tax expense (benefit)20(80)(66)(146)104(526)
Income from continuing operations:401,544467,979459,741515,687206,4401,503,379
Other undisclosed net loss(396,862)(394,578)(373,605)(370,884)(370,766)(1,356,571)
Net income (loss):4,68273,40186,136144,803(164,326)146,808
Net income (loss) attributable to noncontrolling interest84(253)(150)(360)482(1,229)
Net income (loss) available to common stockholders, diluted:4,76673,14885,986144,443(163,844)145,579

Comprehensive Income ($ in thousands)

11/30/2025
Q2
8/31/2025
Q1
5/31/2025
Q4
2/28/2025
Q3
11/30/2024
Q2
8/31/2024
Q1
5/31/2024
Q4
Net income (loss):4,68273,40186,136144,803(164,326)146,808
Other comprehensive income (loss)1(872)(22)(658)732(2,269)
Comprehensive income (loss):4,68372,52986,114144,145(163,594)144,539
Comprehensive income (loss), net of tax, attributable to noncontrolling interest84(253)(150)(360)482(1,229)
Comprehensive income (loss), net of tax, attributable to parent:4,76772,27685,964143,785(163,112)143,310

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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