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How Fidelity National Financial (FNF) makes money

Fidelity National Financial (FNF) made $3.6B of revenue in the third quarter 2026 (Q3 2026), -11% from a year earlier. Of every dollar of revenue, 35¢ was left as operating profit, 18¢ was left as net earnings.

Drawing the Sankey…

Fidelity National Financial revenue by quarterFidelity National Financial revenue by quarter$2.7BQ1 2025$3.6BQ2 2025$4.0BQ3 2025$4.1BQ4 2025$3.2BQ1 2026$4.1BQ2 2026$3.6BQ3 2026
Fidelity National Financial: where each dollar of revenue goesFidelity National Financial: where each dollar of revenue goesOperating profit35¢Income tax11¢Net earnings18¢Operating cash flow40¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$3.6B100.0%
Operating profit$1.2B34.8%
Income tax$397M11.1%
Net earnings$633M17.7%
Operating cash flow$1.4B39.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$3.6B-11%
Q2 2026$4.1B+11%
Q1 2026$3.2B+18%
Q4 2025$4.1B+12%
Q3 2025$4.0B+12%
Q2 2025$3.6B+15%
Q1 2025$2.7B-17%

From Fidelity National Financial's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Fidelity National Financial make money?

Fidelity National Financial (FNF) made $3.6B of revenue in the third quarter 2026 (Q3 2026), -11% from a year earlier. Of every dollar of revenue, 35¢ was left as operating profit, 18¢ was left as net earnings.

What is Fidelity National Financial's profit margin?

Net earnings were $633M, 17.7% of revenue, in the third quarter 2026; the operating margin was 34.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.