Filing Flows › Cannae Holdings (CNNE) › Q2 2026
Cannae Holdings (CNNE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Cannae Holdings (CNNE) reported revenue of $102M for the second quarter 2026 (Q2 2026), -7% from a year earlier and +6% from the quarter before. Operating margin was -55.6%, net earnings $28.4M (27.8% of revenue).
Cannae Holdings, Q2 2026: revenue $102M (-7% year over year), operating margin -55.6%, net earnings $28.4M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $102M | +6% | -7% |
| Operating profit | −$56.8M | — | — |
| Net earnings | $28.4M | — | — |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $102.2M in Q2 2026, down 7% year over year and up 6% from the previous quarter. Restaurant revenue was the largest line at 90% of revenue. Restaurant revenue lost $9.9M year over year (down 10%), 124% of the total change.
Operating costs exceeded revenue by $56.8M, an operating margin of -55.6%. Total costs fell 7% while revenue fell 7%. Net earnings were $37.5M ($28.4M including minority interests, which bore $9.1M of losses). The effective tax rate was 5.6%. Non-operating items added $86.9M, 289% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.2M. Non-cash charges added back $2.4M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $38.0M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$8.3M.
Questions
What was Cannae Holdings' revenue in the second quarter 2026?
Cannae Holdings (CNNE) reported revenue of $102M for the second quarter 2026 (Q2 2026), -7% from a year earlier and +6% from the quarter before.
Was Cannae Holdings profitable in the second quarter 2026?
Operating loss was $56.8M (-55.6% of revenue) and net earnings $28.4M.
Source: Cannae Holdings 10-Q on SEC EDGAR.