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Cannae Holdings (CNNE) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 9, 2026

Cannae Holdings (CNNE) reported revenue of $68.1M for the third quarter 2026 (Q3 2026), -16% from a year earlier and -33% from the quarter before. Operating margin was -38.8%, net loss $24.6M (36.1% of revenue).

Revenue$68.1M
Year over year-16%
Quarter over quarter-33%
Operating margin-38.8%
Net earnings−$24.6M

Cannae Holdings, Q3 2026: revenue $68.1M (-16% year over year), operating margin -38.8%, net loss $24.6M, operating cash flow $29.4M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$68.1M-33%-16%
Operating profit−$26.4M——
Net earnings−$24.6M-187%—
Operating cash flow$29.4M——
Free cash flow$28.7M——

What changed

Revenue was $68.1M in Q3 2026, down 16% year over year and down 33% from the previous quarter. Restaurant revenue was the largest line at 97% of revenue. Other revenue lost $10.4M year over year (down 85%), 79% of the total change.

Operating costs exceeded revenue by $26.4M, an operating margin of -38.8%. Total costs grew 7% against a revenue fall of 16%. The fastest-growing cost line was Other operating costs (+27%). The quarter ended with a net loss of $24.6M, after a profit of $28.4M the previous quarter. Minority interests bore $4.4M of it: to shareholders the quarter was a loss of $20.2M.

Operating cash flow was $29.4M. Non-cash charges added back $1.3M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $50.7M. Capital expenditures of $700K left free cash flow of $28.7M.

Questions

What was Cannae Holdings' revenue in the third quarter 2026?

Cannae Holdings (CNNE) reported revenue of $68.1M for the third quarter 2026 (Q3 2026), -16% from a year earlier and -33% from the quarter before.

Was Cannae Holdings profitable in the third quarter 2026?

Operating loss was $26.4M (-38.8% of revenue) and net loss $24.6M.

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Source: Cannae Holdings 10-Q on SEC EDGAR.