Filing Flows › Fidelity National Financial (FNF) › Q4 2025
Fidelity National Financial (FNF) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Fidelity National Financial (FNF) reported revenue of $4.1B for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +0.5% from the quarter before. Operating margin was 11.1%, net loss $86.0M (2.1% of revenue).
Fidelity National Financial, Q4 2025: revenue $4.1B (+12% year over year), operating margin 11.1%, net loss $86.0M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1B | +0.5% | +12% |
| Operating profit | $451M | -0.4% | — |
| Net earnings | −$86.0M | -124% | — |
| Operating cash flow | $1.5B | +15% | +0.7% |
What changed
Revenue was $4.1B in Q4 2025, up 12% year over year and up 1% from the previous quarter.
Operating profit was $0.45B, a 11.1% margin (down 6.5 points year over year). Operating profit fell $0.19B even though revenue rose $0.43B versus a year earlier, so costs grew faster than sales. Total costs grew 21% against revenue growth of 12%. The quarter ended with a net loss of $0.09B, after a profit of $0.39B the previous quarter.
Operating cash flow was $1.5B (up 1% year over year). Non-cash charges added back $0.22B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $1.3B.
Questions
What was Fidelity National Financial's revenue in the fourth quarter 2025?
Fidelity National Financial (FNF) reported revenue of $4.1B for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +0.5% from the quarter before.
Was Fidelity National Financial profitable in the fourth quarter 2025?
Operating profit was $451M (11.1% of revenue) and net loss $86.0M.