Filing Flows › Fidelity National Financial (FNF) › Q3 2025
Fidelity National Financial (FNF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Fidelity National Financial (FNF) reported revenue of $4.0B for the third quarter 2025 (Q3 2025), +12% from a year earlier and +11% from the quarter before. Operating margin was 11.2%, net earnings $358M (8.9% of revenue).
Fidelity National Financial, Q3 2025: revenue $4.0B (+12% year over year), operating margin 11.2%, net earnings $358M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | +11% | +12% |
| Operating profit | $453M | +19% | +45% |
| Net earnings | $358M | +29% | +35% |
| Operating cash flow | $1.3B | -31% | -45% |
What changed
Revenue was $4.0B in Q3 2025, up 12% year over year and up 11% from the previous quarter.
Operating profit was $0.45B, a 11.2% margin (up 2.6 points year over year). Of the extra revenue versus a year earlier, 33% reached operating profit, above the 9% margin then. Total costs grew 9% against revenue growth of 12%. Net earnings were $0.36B, up 35% year over year. The effective tax rate was 18.8%.
Operating cash flow was $1.3B (down 45% year over year), 337% of net income including minority interests. Non-cash charges added back $0.23B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.67B.
Questions
What was Fidelity National Financial's revenue in the third quarter 2025?
Fidelity National Financial (FNF) reported revenue of $4.0B for the third quarter 2025 (Q3 2025), +12% from a year earlier and +11% from the quarter before.
Was Fidelity National Financial profitable in the third quarter 2025?
Operating profit was $453M (11.2% of revenue) and net earnings $358M.