Filing Flows › Cannae Holdings (CNNE) › Q1 2026
Cannae Holdings (CNNE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Cannae Holdings (CNNE) reported revenue of $96.2M for the first quarter 2026 (Q1 2026), -7% from a year earlier and -7% from the quarter before. Operating margin was -23.0%, net loss $35.8M (37.2% of revenue).
Cannae Holdings, Q1 2026: revenue $96.2M (-7% year over year), operating margin -23.0%, net loss $35.8M, operating cash flow −$21.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $96.2M | -7% | -7% |
| Operating profit | −$22.1M | — | — |
| Net earnings | −$35.8M | — | — |
| Operating cash flow | −$21.2M | -233% | -333% |
What changed
Revenue was $96.2M in Q1 2026, down 7% year over year and down 7% from the previous quarter. Restaurant revenue was the largest line at 96% of revenue. Restaurant revenue lost $7.2M year over year (down 7%), 103% of the total change.
Operating costs exceeded revenue by $22.1M, an operating margin of -23.0%. Total costs fell 5% while revenue fell 7%. The quarter ended with a net loss of $35.8M, narrower than the previous quarter's $110.4M loss. Minority interests bore $3.7M of it: to shareholders the quarter was a loss of $32.1M.
Operating cash flow was −$21.2M. Non-cash charges added back $2.6M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $9.8M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$23.0M.
Questions
What was Cannae Holdings' revenue in the first quarter 2026?
Cannae Holdings (CNNE) reported revenue of $96.2M for the first quarter 2026 (Q1 2026), -7% from a year earlier and -7% from the quarter before.
Was Cannae Holdings profitable in the first quarter 2026?
Operating loss was $22.1M (-23.0% of revenue) and net loss $35.8M.
Source: Cannae Holdings 10-Q on SEC EDGAR.