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Filing Flows › First American Financial (FAF) › Q2 2026 › vs Q1 2026

First American Financial (FAF) Q2 2026 vs Q1 2026 (quarter over quarter)

First American Financial's revenue rose $279M (+15%) from $1.8B in Q1 2026 to $2.1B in Q2 2026. Operating margin 13.4% against 8.8% (+4.6 pts).

First American Financial, Q2 2026: revenue $2.1B (+15% year over year), operating margin 13.4%, net earnings $219M, operating cash flow $357M. The chart draws each line against Q1 2026, the increases inside each band.

First American Financial: what changed, Q2 2026 vs Q1 2026First American Financial: what changed, Q2 2026 vs Q1 2026Operating cash flow$351MFree cash flow (OCF − capex)$350MWorking capital & other$272MCosts & expenses$157MOperating profit$122MPre-tax earnings$122MNet earnings$94.3MIncome tax$27.8MShare-based compensation−$13.8MDepreciation & amortization−$1.0M

Margins

Q2 2026Q1 2026Change
Operating margin13.4%8.8%+4.6 pts
Net margin10.3%6.8%+3.6 pts
Free cash flow margin15.0%-1.8%+16.8 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$2.1B$1.8B$279M+15%
Operating profit$284M$162M$122M+75%
Costs & expenses$1.8B$1.7B$157M+9%
Pre-tax earnings$284M$162M$122M+75%
Net earnings$219M$125M$94.3M+76%
Income tax$64.8M$37.0M$27.8M+75%
Depreciation & amortization$53.6M$54.6M−$1.0M-2%
Share-based compensation$13.3M$27.1M−$13.8M-51%
Working capital & other$70.6M−$201M$272M—
Operating cash flow$357M$5.6M$351M64×
Free cash flow (OCF − capex)$317M−$32.7M$350M—
Capital expenditures$39.2M$38.3M$900K+2%

Questions

How much did First American Financial's revenue grow quarter over quarter in Q2 2026?

First American Financial's revenue rose $279M (+15%) from $1.8B in Q1 2026 to $2.1B in Q2 2026. Operating margin 13.4% against 8.8% (+4.6 pts).

Q2 2026 results → · Compare in the interactive Sankey →