First American Financial (FAF) Operating Expenses (2009 - 2026)
First American Financial's (FAF) quarterly Operating Expenses came in at $1.8 billion in Q2 2026, up 11.38% on a YoY basis from $1.6 billion in Q2 2025, and up 9.38% quarter-over-quarter from $1.7 billion in Q1 2026.
Analysis
First American Financial (FAF) Operating Expenses (2009 - 2026) Analysis & Trends
First American Financial (FAF) has reported Operating Expenses for 18 consecutive years, with $1.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 11.38% year-over-year to $1.8 billion; the trailing twelve-month figure through Jun 2026 stood at $7.0 billion (up 11.75% YoY), and the FY2025 full-year result was $6.6 billion, up 11.12% from the prior year.
- Operating Expenses grew to $1.8 billion in Q2 2026 per FAF's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.9 billion in Q2 2022 and bottomed at $1.4 billion in Q1 2024.
- Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses retreated 27.18% in 2023, then grew 13.97% in 2024.
- Over 5 years, Operating Expenses stood at $1.6 billion in 2022, then declined by 14.51% to $1.4 billion in 2023, then advanced by 13.97% to $1.6 billion in 2024, then grew by 11.17% to $1.8 billion in 2025, then rose by 4.03% to $1.8 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.8 billion, $1.7 billion, and $1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.27 Bn | 9.06 Bn | 3.59 Bn | 3.71 Bn |
| 2 | First American Financial | 7.42 Bn | 4.32 Bn | 1.77 Bn | 1.83 Bn |
| 3 | Stewart Information Services | 2.05 Bn | 1.75 Bn | 658.19 Mn | 844.14 Mn |
| 4 | Investors Title | 562.57 Mn | 490.38 Mn | 81.58 Mn | 67.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 Bn |
| Mar 31, 2026 | 1.68 Bn |
| Dec 31, 2025 | 1.76 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 1.55 Bn |
| Jun 30, 2024 | 1.46 Bn |
| Mar 31, 2024 | 1.37 Bn |
| Dec 31, 2023 | 1.39 Bn |
| Sep 30, 2023 | 1.48 Bn |
| Jun 30, 2023 | 1.47 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | 1.63 Bn |
| Sep 30, 2022 | 1.83 Bn |
| Jun 30, 2022 | 1.92 Bn |
| Mar 31, 2022 | 1.90 Bn |
| Dec 31, 2021 | 2.04 Bn |
| Sep 30, 2021 | 1.95 Bn |