Filing Flows › First American Financial (FAF) › How it makes money
How First American Financial (FAF) makes money
First American Financial (FAF) made $2.1B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Of every dollar of revenue, 11¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.1B | 100.0% |
| Operating profit | $228M | 10.9% |
| Income tax | $51.0M | 2.4% |
| Net earnings | $177M | 8.5% |
| Operating cash flow | $238M | 11.4% |
| Free cash flow | $197M | 9.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.1B | +5% |
| Q2 2026 | $2.1B | +15% |
| Q1 2026 | $1.8B | +16% |
| Q4 2025 | $2.0B | +22% |
| Q3 2025 | $2.0B | +41% |
| Q2 2025 | $1.8B | +14% |
| Q1 2025 | $1.6B | +11% |
From First American Financial's 10-Q filed Oct 23, 2026 (on EDGAR).
Questions
How does First American Financial make money?
First American Financial (FAF) made $2.1B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Of every dollar of revenue, 11¢ was left as operating profit, 8¢ was left as net earnings.
What is First American Financial's profit margin?
Net earnings were $177M, 8.5% of revenue, in the third quarter 2026; the operating margin was 10.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.