| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ (NRUC) |
| Q1-CY2026 | Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 |
| Balance Sheet Date | | 2025-Nov-30 | 2025-Aug-31 | 2025-May-31 | 2025-Feb-28 | 2024-Nov-30 | 2024-Aug-31 | 2024-May-31 | 2024-Feb-29 | 2023-Nov-30 | 2023-Aug-31 | 2023-May-31 | 2023-Feb-28 | 2022-Nov-30 | 2022-Aug-31 | 2022-May-31 | 2022-Feb-28 | 2021-Nov-30 | 2021-Aug-31 | 2021-May-31 | 2021-Feb-28 | 2020-Nov-30 | 2020-Aug-31 | 2020-May-31 | 2020-Feb-29 | 2019-Nov-30 | 2019-Aug-31 | 2019-May-31 | 2019-Feb-28 | 2018-Nov-30 | 2018-Aug-31 | 2018-May-31 | 2018-Feb-28 | 2017-Nov-30 | 2017-Aug-31 | 2017-May-31 | 2017-Feb-28 | 2016-Nov-30 | 2016-Aug-31 | 2016-May-31 | 2016-Feb-29 | 2015-Nov-30 | 2015-Aug-31 | 2015-May-31 | 2015-Feb-28 | 2014-Nov-30 | 2014-Aug-31 | 2014-May-31 | 2014-Feb-28 |
| Fiscal Period | | Q2-FY2026 | Q1-FY2026 | Q4-FY2025 | Q3-FY2025 | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | Q1-FY2018 | Q4-FY2017 | Q3-FY2017 | Q2-FY2017 | Q1-FY2017 | Q4-FY2016 | Q3-FY2016 | Q2-FY2016 | Q1-FY2016 | Q4-FY2015 | Q3-FY2015 | Q2-FY2015 | Q1-FY2015 | Q4-FY2014 | Q3-FY2014 |
| Total Assets | | 39,107,151,000$ | 38,848,718,000$ | 38,325,049,000$ | 37,778,743,000$ | 37,112,482,000$ | 36,488,341,000$ | 36,177,814,000$ | 35,891,753,000$ | 35,510,203,000$ | 34,694,163,000$ | 34,012,060,000$ | 34,001,512,000$ | 33,188,370,000$ | 32,082,294,000$ | 31,251,382,000$ | 30,483,522,000$ | 30,015,579,000$ | 30,091,747,000$ | 29,638,363,000$ | 29,414,988,000$ | 28,176,102,000$ | 28,262,621,000$ | 28,157,605,000$ | 27,946,182,000$ | 27,566,601,000$ | 27,578,756,000$ | 27,124,372,000$ | 27,410,061,000$ | 26,829,758,000$ | 26,676,207,000$ | 26,690,204,000$ | 26,476,407,000$ | 25,880,243,000$ | 25,480,526,000$ | 25,205,692,000$ | 25,609,565,000$ | 25,147,721,000$ | 24,677,615,000$ | 24,270,200,000$ | 24,393,025,000$ | 23,850,982,000$ | 23,459,800,000$ | 22,846,059,000$ | 22,648,921,000$ | 22,573,103,000$ | 22,189,505,000$ | 22,232,743,000$ | 23,107,329,000$ |
| Total Current Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Cash and Cash Equivalents | | 304,453,000$ | 257,145,000$ | 134,712,000$ | 245,437,000$ | 347,131,000$ | 264,655,000$ | 280,124,000$ | 144,848,000$ | 128,794,000$ | 199,552,000$ | 198,936,000$ | 172,962,000$ | 271,767,000$ | 232,084,000$ | 153,551,000$ | 104,248,000$ | 172,742,000$ | 302,610,000$ | 295,063,000$ | 170,047,000$ | 167,155,000$ | 347,818,000$ | 671,372,000$ | 55,616,000$ | 114,033,000$ | 231,050,000$ | 177,922,000$ | 223,358,000$ | 226,758,000$ | 265,905,000$ | 230,999,000$ | 250,697,000$ | 280,315,000$ | 269,971,000$ | 166,615,000$ | 235,764,000$ | 190,096,000$ | 290,651,000$ | 204,540,000$ | 299,024,000$ | 242,619,000$ | 266,307,000$ | 248,836,000$ | 298,771,000$ | 512,501,000$ | 320,570,000$ | 338,715,000$ | 842,915,000$ |
| Receivables | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Current Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Assets Held for Sale in Short Term | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Noncurrent Assets | | 39,107,151,000$ | 38,848,718,000$ | 38,325,049,000$ | 37,778,743,000$ | 37,112,482,000$ | 36,488,341,000$ | 36,177,814,000$ | 35,891,753,000$ | 35,510,203,000$ | 34,694,163,000$ | 34,012,060,000$ | 34,001,512,000$ | 33,188,370,000$ | 32,082,294,000$ | 31,251,382,000$ | 30,483,522,000$ | 30,015,579,000$ | 30,091,747,000$ | 29,638,363,000$ | 29,414,988,000$ | 28,176,102,000$ | 28,262,621,000$ | 28,157,605,000$ | 27,946,182,000$ | 27,566,601,000$ | 27,578,756,000$ | 27,124,372,000$ | 27,410,061,000$ | 26,829,758,000$ | 26,676,207,000$ | 26,690,204,000$ | 26,476,407,000$ | 25,880,243,000$ | 25,480,526,000$ | 25,205,692,000$ | 25,609,565,000$ | 25,147,721,000$ | 24,677,615,000$ | 24,270,200,000$ | 24,393,025,000$ | 23,850,982,000$ | 23,459,800,000$ | 22,846,059,000$ | 22,648,921,000$ | 22,573,103,000$ | 22,189,505,000$ | 22,232,743,000$ | 23,107,329,000$ |
| Goodwill | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Intangible Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Physical Assets | | 79,022,000$ | 80,069,000$ | 81,667,000$ | 82,652,000$ | 83,395,000$ | 84,240,000$ | 85,119,000$ | 85,000,000$ | 85,187,000$ | 85,521,000$ | 86,011,000$ | 113,281,000$ | 110,196,000$ | 105,849,000$ | 101,762,000$ | 99,087,000$ | 96,967,000$ | 94,313,000$ | 91,882,000$ | 89,305,000$ | 88,577,000$ | 88,245,000$ | 89,137,000$ | 121,220,000$ | 121,931,000$ | 121,692,000$ | 120,627,000$ | 118,999,000$ | 118,490,000$ | 117,549,000$ | 116,031,000$ | 113,060,000$ | 125,444,000$ | 124,023,000$ | 122,260,000$ | 121,253,000$ | 119,501,000$ | 115,723,000$ | 112,563,000$ | 110,597,000$ | 111,345,000$ | 110,619,000$ | 110,540,000$ | 109,642,000$ | 108,789,000$ | 108,128,000$ | 107,070,000$ | 106,267,000$ |
| Other Noncurrent Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Assets Held for Sale in Long Term | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Liabilities | | 36,033,107,000$ | 35,793,982,000$ | 35,221,583,000$ | 34,747,557,000$ | 34,167,314,000$ | 33,687,077,000$ | 33,165,645,000$ | 33,023,892,000$ | 32,614,063,000$ | 31,946,236,000$ | 31,422,811,000$ | 31,398,086,000$ | 30,754,658,000$ | 29,835,359,000$ | 29,109,413,000$ | 28,830,927,000$ | 28,624,594,000$ | 28,837,527,000$ | 28,238,484,000$ | 28,146,399,000$ | 27,284,383,000$ | 27,531,117,000$ | 27,508,783,000$ | 27,065,441,000$ | 26,408,707,000$ | 26,660,328,000$ | 25,820,490,000$ | 25,857,449,000$ | 25,202,620,000$ | 25,169,631,000$ | 25,184,351,000$ | 25,017,303,000$ | 24,640,195,000$ | 24,418,946,000$ | 24,106,887,000$ | 24,462,227,000$ | 24,101,644,000$ | 24,024,759,000$ | 23,452,822,000$ | 23,676,529,000$ | 22,957,467,000$ | 22,544,635,000$ | 21,934,273,000$ | 21,764,417,000$ | 21,654,277,000$ | 21,276,988,000$ | 21,262,369,000$ | 22,117,039,000$ |
| Total Current Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Accounts Payable | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Short Term Debt | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,173,390,000$ | 4,099,331,000$ | 6,541,987,000$ |
| Short Term Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Current Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Noncurrent Liabilities | | 36,033,107,000$ | 35,793,982,000$ | 35,221,583,000$ | 34,747,557,000$ | 34,167,314,000$ | 33,687,077,000$ | 33,165,645,000$ | 33,023,892,000$ | 32,614,063,000$ | 31,946,236,000$ | 31,422,811,000$ | 31,398,086,000$ | 30,754,658,000$ | 29,835,359,000$ | 29,109,413,000$ | 28,830,927,000$ | 28,624,594,000$ | 28,837,527,000$ | 28,238,484,000$ | 28,146,399,000$ | 27,284,383,000$ | 27,531,117,000$ | 27,508,783,000$ | 27,065,441,000$ | 26,408,707,000$ | 26,660,328,000$ | 25,820,490,000$ | 25,857,449,000$ | 25,202,620,000$ | 25,169,631,000$ | 25,184,351,000$ | 25,017,303,000$ | 24,640,195,000$ | 24,418,946,000$ | 24,106,887,000$ | 24,462,227,000$ | 24,101,644,000$ | 24,024,759,000$ | 23,452,822,000$ | 23,676,529,000$ | 22,957,467,000$ | 22,544,635,000$ | 21,934,273,000$ | 21,764,417,000$ | 21,654,277,000$ | 21,276,988,000$ | 21,262,369,000$ | 22,117,039,000$ |
| Long Term Debt | | 27,337,960,000$ | 27,929,495,000$ | 27,163,701,000$ | 27,535,621,000$ | 26,719,656,000$ | 26,265,225,000$ | 25,901,165,000$ | 25,451,631,000$ | 24,640,201,000$ | 23,874,274,000$ | 23,946,548,000$ | 23,831,978,000$ | 22,537,424,000$ | 21,867,456,000$ | 21,545,440,000$ | 21,521,734,000$ | 20,804,379,000$ | 20,158,891,000$ | 20,603,123,000$ | 20,555,544,000$ | 19,070,919,000$ | 19,181,520,000$ | 19,712,024,000$ | 19,190,693,000$ | 18,434,451,000$ | 19,094,236,000$ | 19,210,793,000$ | 19,564,933,000$ | 18,477,156,000$ | 18,674,932,000$ | 18,714,960,000$ | 18,813,136,000$ | 18,386,819,000$ | 18,428,819,000$ | 17,955,594,000$ | 18,254,301,000$ | 17,617,227,000$ | 17,568,367,000$ | 17,473,603,000$ | 17,527,497,000$ | 16,858,024,000$ | 16,710,748,000$ | 16,244,794,000$ | 15,861,011,000$ | 14,836,922,000$ | 14,382,775,000$ | 14,513,284,000$ | 12,902,920,000$ |
| Long Term Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Noncurrent Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Equity | | 3,074,044,000$ | 3,054,736,000$ | 3,103,466,000$ | 3,031,186,000$ | 2,945,168,000$ | 2,801,264,000$ | 3,012,169,000$ | 2,867,861,000$ | 2,896,140,000$ | 2,747,927,000$ | 2,589,249,000$ | 2,603,426,000$ | 2,433,712,000$ | 2,246,935,000$ | 2,141,969,000$ | 1,652,595,000$ | 1,390,985,000$ | 1,254,220,000$ | 1,399,879,000$ | 1,268,589,000$ | 891,719,000$ | 731,504,000$ | 648,822,000$ | 880,741,000$ | 1,157,894,000$ | 918,428,000$ | 1,303,882,000$ | 1,552,612,000$ | 1,627,138,000$ | 1,506,576,000$ | 1,505,853,000$ | 1,459,104,000$ | 1,240,048,000$ | 1,061,580,000$ | 1,098,805,000$ | 1,147,338,000$ | 1,046,077,000$ | 652,856,000$ | 817,378,000$ | 716,496,000$ | 893,515,000$ | 915,165,000$ | 911,786,000$ | 884,504,000$ | 918,826,000$ | 953,480,000$ | 970,374,000$ | 990,290,000$ |
| Equity to Minority | | 20,864,000$ | 20,903,000$ | 20,989,000$ | 20,737,000$ | 20,587,000$ | 20,225,000$ | 20,707,000$ | 19,481,000$ | 30,134,000$ | 30,542,000$ | 27,190,000$ | 27,633,000$ | 27,319,000$ | 29,997,000$ | 27,396,000$ | 25,814,000$ | 24,927,000$ | 26,710,000$ | 24,931,000$ | 24,522,000$ | 25,401,000$ | 24,895,000$ | 22,701,000$ | 23,836,000$ | 25,285,000$ | 27,210,000$ | 27,147,000$ | 29,069,000$ | 32,550,000$ | 32,085,000$ | 31,520,000$ | 32,022,000$ | 30,419,000$ | 29,286,000$ | 28,852,000$ | 28,947,000$ | 28,591,000$ | 26,015,000$ | 26,086,000$ | 25,965,000$ | 27,416,000$ | 27,942,000$ | 27,464,000$ | 27,080,000$ | 27,660,000$ | 27,045,000$ | 26,837,000$ | 26,947,000$ |
| Equity to Common Shareholders | | 3,053,180,000$ | 3,033,833,000$ | 3,082,477,000$ | 3,010,449,000$ | 2,924,581,000$ | 2,781,039,000$ | 2,991,462,000$ | 2,848,380,000$ | 2,866,006,000$ | 2,717,385,000$ | 2,562,059,000$ | 2,575,793,000$ | 2,406,393,000$ | 2,216,938,000$ | 2,114,573,000$ | 1,626,781,000$ | 1,366,058,000$ | 1,227,510,000$ | 1,374,948,000$ | 1,244,067,000$ | 866,318,000$ | 706,609,000$ | 626,121,000$ | 856,905,000$ | 1,132,609,000$ | 891,218,000$ | 1,276,735,000$ | 1,523,543,000$ | 1,594,588,000$ | 1,474,491,000$ | 1,474,333,000$ | 1,427,082,000$ | 1,209,629,000$ | 1,032,294,000$ | 1,069,953,000$ | 1,118,391,000$ | 1,017,486,000$ | 626,841,000$ | 791,292,000$ | 690,531,000$ | 866,099,000$ | 887,223,000$ | 884,322,000$ | 857,424,000$ | 891,166,000$ | 926,435,000$ | 943,537,000$ | 963,343,000$ |
| Additional Paid-In Capital | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Retained Earnings | | 3,055,413,000$ | 3,036,068,000$ | 3,084,713,000$ | 3,011,813,000$ | 2,925,923,000$ | 2,781,723,000$ | 2,992,878,000$ | 2,847,527,000$ | 2,857,388,000$ | 2,709,144,000$ | 2,553,716,000$ | 2,567,099,000$ | 2,404,313,000$ | 2,214,769,000$ | 2,112,315,000$ | 1,622,995,000$ | 1,362,152,000$ | 1,227,145,000$ | 1,374,973,000$ | 1,245,726,000$ | 868,064,000$ | 708,436,000$ | 628,031,000$ | 856,950,000$ | 1,132,691,000$ | 891,332,000$ | 1,276,882,000$ | 1,522,696,000$ | 1,593,756,000$ | 1,474,705,000$ | 1,465,789,000$ | 1,416,975,000$ | 1,197,730,000$ | 1,020,335,000$ | 1,056,778,000$ | 1,105,817,000$ | 1,008,685,000$ | 616,124,000$ | 790,234,000$ | 686,417,000$ | 859,514,000$ | 883,996,000$ | 880,242,000$ | 850,305,000$ | 884,393,000$ | 920,324,000$ | 939,888,000$ | 958,620,000$ |
| Treasury Stock | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |