Filing Flows › First American Financial (FAF) › Q1 2026
First American Financial (FAF) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 24, 2026
First American Financial (FAF) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +16% from a year earlier and -10% from the quarter before. Operating margin was 8.8%, net earnings $125M (6.8% of revenue).
First American Financial, Q1 2026: revenue $1.8B (+16% year over year), operating margin 8.8%, net earnings $125M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | -10% | +16% |
| Operating profit | $162M | -44% | +67% |
| Net earnings | $125M | -42% | +67% |
| Operating cash flow | $5.6M | -98% | — |
What changed
Revenue was $1.8B in Q1 2026, up 16% year over year and down 10% from the previous quarter.
Operating profit was $0.16B, a 8.8% margin (up 2.7 points year over year). Of the extra revenue versus Q1 2025, 25% reached operating profit, above the 6% margin then. Total costs grew 13% against revenue growth of 16%. Net earnings were $0.13B, up 69% year over year. The effective tax rate was 22.9%.
Operating cash flow was $0.01B, 4% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was First American Financial's revenue in the first quarter 2026?
First American Financial (FAF) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +16% from a year earlier and -10% from the quarter before.
Was First American Financial profitable in the first quarter 2026?
Operating profit was $162M (8.8% of revenue) and net earnings $125M.