EarningsQ2 2026 Earnings Report
MX:FNF Q2 2026 EPS Results
Actual EPS$23.64
Consensus EPS$22.28
Beat/MissBeat by +$1.36
One Year Ago EPS$19.01
MX:FNF Q2 2026 Revenue Results
Actual Revenue$68.73B
Expected Revenue$64.45B
Beat/MissBeat by +$4.28B
YoY Revenue Growth+10.53%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
MX:FNF Upcoming Earnings
Fidelity National Financial's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:FNF Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a largely positive picture driven by strong Title segment performance (notably a 33% YoY increase in adjusted pretax Title earnings and a 230 bps margin improvement), robust commercial momentum (24% increase in direct commercial revenue for the first half), solid technology adoption (inHere engaging 80% of residential sales), and growth in F&G AUM (+8% YoY). Near-term headwinds include cautious residential/refinance demand due to high mortgage rates, expected modest margin compression in the second half from front-loaded recruiting and tuck-in acquisitions, rising operating costs, and a lower holding-company cash balance. On balance, the favorable operating results, revenue and margin expansion, and strategic investments appear to outweigh the transitory and manageable challenges.Company Guidance
Strong Title Segment Earnings and Margin Expansion
Adjusted pretax Title earnings of $448 million in Q2 2026, up 33% year-over-year. Adjusted pretax title margin reached 17.8% in Q2, an increase of 230 basis points versus Q2 2025.
Revenue Growth and Improved Adjusted Net Earnings
Consolidated total revenue of $4.1 billion in Q2 2026 (excluding net recognized gains $3.7 billion vs $3.5 billion in Q2 2025). Adjusted net earnings were $370 million, or $1.39 per diluted share, up from $318 million or $1.16 in Q2 2025 (approximately +16% in adjusted net earnings).
Commercial Business Momentum
Direct commercial revenue of $778 million in the first half of 2026, up 24% versus $626 million in the first half of 2025. Total commercial orders opened averaged 919 per day in Q2 (up 7% year-over-year) with national and local daily orders opened up 3% and 10% respectively. Closed 29 transactions in Q2 generating over $1 million each in premiums, supporting higher fee-per-file trends.
Purchase and Overall Order Activity Outperformance
Total orders opened averaged 6,200 per day in Q2 2026. Daily purchase orders opened were up 3% year-over-year and up 7% sequentially (Q2 vs Q1 2026). Total orders in July averaged 5,900 per day, up 7% versus prior year July.
Technology Adoption — inHere Platform Scale
inHere digital transaction platform engaged ~80% of residential sale transactions in H1 2026 (maintaining 80% engagement since 2025). inHere reached nearly 2.8 million unique users in 2025 and launched property monitoring in 35 states in Q2 2026, driving workflow integration, fraud prevention and customer experience improvements.
Title Revenue Mix and Premium Growth
Title segment total revenue (excluding net recognized gains) of $2.5 billion in Q2, up from $2.2 billion prior year. Direct premiums increased 21% year-over-year, agency premiums increased 15%, and escrow/title-related and other fees increased 13%.
F&G AUM and Capital Metrics
F&G assets under management before reinsurance of $74.7 billion at June 30, 2026, up 8% year-over-year. F&G reported gross sales of $2.7 billion in Q2 ($2.0 billion core, $0.7 billion opportunistic) and net sales of $1.5 billion. Stand-alone GAAP equity excluding AOCI was $6.0 billion and book value per share excluding AOCI was $45.93, up 68% since 2020 acquisition.
Capital Return to Shareholders
Returned approximately $195 million of capital to shareholders in Q2 2026 ( $138 million common dividends and $57 million share repurchases). Returned approximately $417 million in the first half of 2026 ( $278 million dividends, $139 million repurchases).
High-Quality Investment Portfolios
Title and corporate investment portfolio totaled $5.1 billion at June 30. F&G retained investment portfolio is 97% investment-grade with very low credit-related impairments (average 6 bps over past 5 years; 2 bps in H1 2026).
MX:FNF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed