Filing Flows › First American Financial (FAF) › Q3 2026 › vs Q2 2026
First American Financial (FAF) Q3 2026 vs Q2 2026 (quarter over quarter)
First American Financial's revenue fell $32.7M (-2%) from $2.1B in Q2 2026 to $2.1B in Q3 2026. Operating margin 10.9% against 13.4% (-2.5 pts).
First American Financial, Q3 2026: revenue $2.1B (+5% year over year), operating margin 10.9%, net earnings $177M, operating cash flow $238M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.9% | 13.4% | -2.5 pts |
| Net margin | 8.5% | 10.3% | -1.9 pts |
| Free cash flow margin | 9.4% | 15.0% | -5.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | −$32.7M | -2% |
| Operating profit | $228M | $284M | −$56.3M | -20% |
| Costs & expenses | $1.9B | $1.8B | $23.6M | +1% |
| Pre-tax earnings | $228M | $284M | −$56.3M | -20% |
| Net earnings | $177M | $219M | −$42.5M | -19% |
| Income tax | $51.0M | $64.8M | −$13.8M | -21% |
| Depreciation & amortization | $54.7M | $53.6M | $1.1M | +2% |
| Share-based compensation | $11.3M | $13.3M | −$2.0M | -15% |
| Working capital & other | $4.6M | −$70.6M | $75.2M | — |
| Operating cash flow | $238M | $357M | −$119M | -33% |
| Free cash flow (OCF − capex) | $197M | $317M | −$121M | -38% |
| Capital expenditures | $41.4M | $39.2M | $2.2M | +6% |
Questions
How much did First American Financial's revenue grow quarter over quarter in Q3 2026?
First American Financial's revenue fell $32.7M (-2%) from $2.1B in Q2 2026 to $2.1B in Q3 2026. Operating margin 10.9% against 13.4% (-2.5 pts).