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First American Financial (FAF) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 23, 2026

First American Financial (FAF) reported revenue of $2.1B for the second quarter 2026 (Q2 2026), +15% from a year earlier and +15% from the quarter before. Operating margin was 13.4%, net earnings $219M (10.3% of revenue).

Revenue$2.1B
Year over year+15%
Quarter over quarter+15%
Operating margin13.4%
Net earnings$219M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.1B+15%+15%
Operating profit$284M+75%+45%
Net earnings$219M+76%+49%
Operating cash flow$357M64×-1%
Free cash flow$317M—+3%

What changed

Revenue was $2.1B in Q2 2026, up 15% year over year and up 15% from the previous quarter.

Operating profit was $0.28B, a 13.4% margin (up 2.8 points year over year). Of the extra revenue versus Q2 2025, 32% reached operating profit, above the 11% margin then. Total costs grew 11% against revenue growth of 15%. Net earnings were $0.22B, up 50% year over year. The effective tax rate was 22.8%.

Operating cash flow was $0.36B (down 1% year over year), 163% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.04B left free cash flow of $0.32B.

Questions

What was First American Financial's revenue in the second quarter 2026?

First American Financial (FAF) reported revenue of $2.1B for the second quarter 2026 (Q2 2026), +15% from a year earlier and +15% from the quarter before.

Was First American Financial profitable in the second quarter 2026?

Operating profit was $284M (13.4% of revenue) and net earnings $219M.

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Source: First American Financial 10-Q on SEC EDGAR.