First American Financial (FAF) Cost of Revenue (2009 - 2026)
First American Financial (FAF) posted quarterly Cost of Revenue of $352.1 million for Q2 2026, up 13.8% year-on-year from $309.4 million in Q2 2025, and up 13.43% on a QoQ basis from $310.4 million in Q1 2026.
First American Financial (FAF) Cost of Revenue (2009 - 2026) Analysis & Trends
First American Financial (FAF) has reported Cost of Revenue for 18 consecutive years, with $352.1 million the latest figure, recorded in Q2 2026.
- Quarterly Cost of Revenue rose 13.8% year-over-year to $352.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.3 billion (up 10.97% YoY) and the FY2025 annual result came in at $1.2 billion, up 8.73% from the prior year.
- Cost of Revenue climbed to $352.1 million in Q2 2026 per FAF's latest filing, from $310.4 million in the prior quarter.
- Over the last five years, Cost of Revenue for FAF reached as high as $352.1 million in Q2 2026 and fell as low as $258.5 million in Q1 2023.
- A 5-year average of $295.9 million and a median of $285.3 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue advanced 13.99% — and 2023, when it retreated 23.38%.
- Year by year, Cost of Revenue stood at $279.5 million in 2022, then slipped by 6.19% to $262.2 million in 2023, then gained by 10.91% to $290.8 million in 2024, then grew by 7.87% to $313.7 million in 2025, then climbed by 12.24% to $352.1 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $352.1 million, $310.4 million, and $313.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 14.00 Bn | 9.88 Bn | 3.16 Bn | 62.00 Mn |
| 2 | Axis Capital Holdings | 8.67 Bn | 8.14 Bn | 613.18 Mn | 867.28 Mn |
| 3 | First American Financial | 7.85 Bn | 4.73 Bn | 1.77 Bn | 352.10 Mn |
| 4 | Enact Holdings | 6.68 Bn | 6.13 Bn | 205.69 Mn | 37.16 Mn |
| 5 | Mgic Investment | 6.51 Bn | 6.48 Bn | 263.84 Mn | 33.24 Mn |
| 6 | Essent | 6.24 Bn | 6.24 Bn | 211.88 Mn | 48.22 Mn |
| 7 | Radian | 5.36 Bn | 5.30 Bn | 304.36 Mn | 98.17 Mn |
| 8 | Assured Guaranty | 3.83 Bn | 3.31 Bn | 65.00 Mn | 17.00 Mn |
| 9 | NMI Holdings | 3.29 Bn | 3.22 Bn | 134.15 Mn | 20.66 Mn |
| 10 | Employers Holdings | 962.93 Mn | 626.53 Mn | 51.80 Mn | 129.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 352.10 Mn |
| Jun 30, 2026 | 352.10 Mn |
| Mar 31, 2026 | 310.40 Mn |
| Mar 31, 2026 | 310.40 Mn |
| Dec 31, 2025 | 313.70 Mn |
| Dec 31, 2025 | 313.70 Mn |
| Sep 30, 2025 | 309.20 Mn |
| Sep 30, 2025 | 309.20 Mn |
| Jun 30, 2025 | 309.40 Mn |
| Jun 30, 2025 | 309.40 Mn |
| Mar 31, 2025 | 278.30 Mn |
| Mar 31, 2025 | 278.30 Mn |
| Dec 31, 2024 | 290.80 Mn |
| Dec 31, 2024 | 290.80 Mn |
| Sep 30, 2024 | 279.80 Mn |
| Sep 30, 2024 | 279.80 Mn |
| Jun 30, 2024 | 277.00 Mn |
| Jun 30, 2024 | 277.00 Mn |
| Mar 31, 2024 | 265.80 Mn |
| Mar 31, 2024 | 265.80 Mn |