National Rural Utilities Cooperative Finance Revenue Growth & History (NRUC)
National Rural Utilities Cooperative Finance reported $413.8M in revenue for fiscal 2026, an increase of 45.51% from the previous fiscal year.
View full National Rural Utilities Cooperative Finance company overviewNational Rural Utilities Cooperative Finance annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | $413.8M | $129.4M | +45.51% |
| 2025 | 2025-05-31 | $284.4M | −$395.5M | −58.17% |
| 2024 | 2024-05-31 | $679.9M | $65.6M | +10.69% |
| 2023 | 2023-05-31 | $614.2M | −$265.0M | −30.14% |
| 2022 | 2022-05-31 | $879.2M | −$62.1M | −6.59% |
| 2021 | 2021-05-31 | $941.3M | $1.37B | +320.15% |
| 2020 | 2020-05-31 | −$427.6M | −$377.2M | −749.62% |
| 2019 | 2019-05-31 | −$50.3M | −$584.2M | −109.43% |
| 2018 | 2018-05-31 | $533.9M | $126.2M | +30.94% |
| 2017 | 2017-05-31 | $407.8M | $371.9M | +1038.02% |
| 2016 | 2016-05-31 | $35.8M | −$1.1M | −2.97% |
| 2015 | 2015-05-31 | $36.9M | −$235.8M | −86.46% |
| 2014 | 2014-05-31 | $272.7M | −$113.1M | −29.32% |
| 2013 | 2013-05-31 | $385.9M | $473.0M | +542.57% |
| 2012 | 2012-05-31 | −$87.2M | −$232.4M | −160.02% |
| 2011 | 2011-05-31 | $145.3M | −$859,000 | −0.59% |
| 2010 | 2010-05-31 | $146.1M | — | — |
National Rural Utilities Cooperative Finance quarterly revenue
| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | $253.6M | $138.1M | +119.54% |
| Q3 2026 | 2026-02-28 | $53.8M | −$59.9M | −52.66% |
| Q2 2026 | 2025-11-30 | $59.0M | −$123.0M | −67.57% |
| Q1 2026 | 2025-08-31 | $47.3M | $174.2M | +137.28% |
| Q4 2025 | 2025-05-31 | $115.5M | −$66.3M | −36.46% |
| Q3 2025 | 2025-02-28 | $113.7M | $58.2M | +104.89% |
| Q2 2025 | 2024-11-30 | $182.0M | $1.5M | +0.81% |
| Q1 2025 | 2024-08-31 | −$126.9M | −$388.9M | −148.42% |
| Q4 2024 | 2024-05-31 | $181.8M | $166.1M | +1056.22% |
| Q3 2024 | 2024-02-29 | $55.5M | −$122.3M | −68.78% |
| Q2 2024 | 2023-11-30 | $180.5M | −$48.7M | −21.24% |
| Q1 2024 | 2023-08-31 | $262.0M | $70.6M | +36.85% |
| Q4 2023 | 2023-05-31 | $15.7M | −$495.8M | −96.93% |
| Q3 2023 | 2023-02-28 | $177.8M | −$95.7M | −34.98% |
| Q2 2023 | 2022-11-30 | $229.2M | $73.1M | +46.81% |
| Q1 2023 | 2022-08-31 | $191.5M | $253.4M | +409.05% |
| Q4 2022 | 2022-05-31 | $511.6M | $363.0M | +244.41% |
| Q3 2022 | 2022-02-28 | $273.5M | −$162.9M | −37.32% |
| Q2 2022 | 2021-11-30 | $156.1M | −$32.2M | −17.10% |
| Q1 2022 | 2021-08-31 | −$62.0M | −$230.0M | −136.87% |
| Q4 2021 | 2021-05-31 | $148.5M | $286.6M | +207.55% |
| Q3 2021 | 2021-02-28 | $436.3M | $685.7M | +274.97% |
| Q2 2021 | 2020-11-30 | $188.3M | −$78.0M | −29.29% |
| Q1 2021 | 2020-08-31 | $168.1M | $474.5M | +154.85% |
| Q4 2020 | 2020-05-31 | −$138.1M | $85.2M | +38.15% |
| Q3 2020 | 2020-02-29 | −$249.4M | −$201.3M | −418.63% |
| Q2 2020 | 2019-11-30 | $266.3M | $123.9M | +87.03% |
| Q1 2020 | 2019-08-31 | −$306.4M | −$385.0M | −489.71% |
| Q4 2019 | 2019-05-31 | −$223.3M | −$279.1M | −499.73% |
| Q3 2019 | 2019-02-28 | −$48.1M | −$293.5M | −119.60% |
| Q2 2019 | 2018-11-30 | $142.4M | −$59.4M | −29.42% |
| Q1 2019 | 2018-08-31 | $78.6M | $47.7M | +154.40% |
| Q4 2018 | 2018-05-31 | $55.9M | $79.1M | +340.31% |
| Q3 2018 | 2018-02-28 | $245.4M | $124.0M | +102.10% |
| Q2 2018 | 2017-11-30 | $201.8M | −$216.9M | −51.81% |
| Q1 2018 | 2017-08-31 | $30.9M | $140.0M | +128.32% |
| Q4 2017 | 2017-05-31 | −$23.2M | −$144.3M | −119.20% |
| Q3 2017 | 2017-02-28 | $121.4M | $274.9M | +179.09% |
| Q2 2017 | 2016-11-30 | $418.7M | $421.6M | +14548.24% |
| Q1 2017 | 2016-08-31 | −$109.1M | −$180.3M | −253.30% |
| Q4 2016 | 2016-05-31 | $121.1M | $86.7M | +252.37% |
| Q3 2016 | 2016-02-29 | −$153.5M | −$140.3M | −1060.45% |
| Q2 2016 | 2015-11-30 | −$2.9M | $13.8M | +82.67% |
| Q1 2016 | 2015-08-31 | $71.2M | $38.7M | +118.88% |
| Q4 2015 | 2015-05-31 | $34.4M | $34.7M | +10116.91% |
| Q3 2015 | 2015-02-28 | −$13.2M | −$61.3M | −127.50% |
| Q2 2015 | 2014-11-30 | −$16.7M | −$61.7M | −137.17% |
| Q1 2015 | 2014-08-31 | $32.5M | −$147.5M | −81.93% |
| Q4 2014 | 2014-05-31 | −$343,000 | −$145.1M | −100.24% |
| Q3 2014 | 2014-02-28 | $48.1M | −$73.5M | −60.42% |
| Q2 2014 | 2013-11-30 | $45.0M | −$35.5M | −44.09% |
| Q1 2014 | 2013-08-31 | $180.0M | $140.9M | +360.42% |
| Q4 2013 | 2013-05-31 | $144.7M | $134.4M | +1304.30% |
| Q3 2013 | 2013-02-28 | $121.6M | $140.3M | +750.35% |
| Q2 2013 | 2012-11-30 | $80.5M | $87.8M | +1196.20% |
| Q1 2013 | 2012-08-31 | $39.1M | $110.5M | +154.70% |
| Q4 2012 | 2012-05-31 | $10.3M | $17.9M | +236.46% |
| Q3 2012 | 2012-02-29 | −$18.7M | −$119.1M | −118.61% |
| Q2 2012 | 2011-11-30 | −$7.3M | −$96.0M | −108.28% |
| Q1 2012 | 2011-08-31 | −$71.5M | −$35.2M | −97.20% |
| Q4 2011 | 2011-05-31 | −$7.6M | — | — |
| Q3 2011 | 2011-02-28 | $100.4M | — | — |
| Q2 2011 | 2010-11-30 | $88.6M | — | — |
| Q1 2011 | 2010-08-31 | −$36.2M | — | — |
National Rural Utilities Cooperative Finance revenue growth trends
Over the last five reported fiscal years, revenue declined from $941.3M to $413.8M, a compound annual decline of 15.16%. National Rural Utilities Cooperative Finance's latest reported quarter, Q4 2026, generated $253.6M in revenue, an increase of 119.54% year over year.
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Standardized company financials
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