Fidelity National Financial FNF
NYSE FNF
$47.30 -0.14 (-0.30%)
At close: Aug 21, 2026 · 4:00 PM EDT

Fidelity National Financial (FNF) Cost of Revenue (2009 - 2026)

Fidelity National Financial (FNF) posted quarterly Cost of Revenue of $62.0 million for Q1 2026, up 14.81% year-over-year from $54.0 million in Q1 2025, and down 85.06% quarter-over-quarter from $415.0 million in Q4 2025.

Fidelity National Financial (FNF) Cost of Revenue (2009 - 2026) Analysis & Trends

Fidelity National Financial's Cost of Revenue history runs 18 years deep, the most recent figure standing at $62.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 14.81% year-over-year to $62.0 million; the TTM figure through Mar 2026 stood at $963.0 million (up 330.38% YoY), while the FY2025 annual figure was $1.6 billion, up 596.12% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $62.0 million, down from $415.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $1.4 billion in Q4 2023, with the low at -$920.0 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $387.0 million (2024), against an average of $263.9 million.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 247.96% in 2023, then plunged 167.45% in 2024.
  • Fidelity National Financial's Cost of Revenue stood at $392.0 million in 2022, then surged by 247.96% to $1.4 billion in 2023, then slumped by 167.45% to -$920.0 million in 2024, then soared by 145.11% to $415.0 million in 2025, then tumbled by 85.06% to $62.0 million in 2026.
  • Business Quant data shows FNF's Cost of Revenue at $62.0 million in Q1 2026, $415.0 million in Q4 2025, and $70.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fidelity National Financial 12.65 Bn 8.08 Bn 3.59 Bn 460.00 Mn
2 First American Financial 7.36 Bn 4.25 Bn 1.77 Bn 352.10 Mn
3 Axis Capital Holdings 7.25 Bn 6.47 Bn 819.78 Mn 933.13 Mn
4 Enact Holdings 6.85 Bn 6.36 Bn 284.04 Mn 33.26 Mn
5 Mgic Investment 6.47 Bn 6.25 Bn 284.40 Mn 10.99 Mn
6 Essent 6.18 Bn 6.18 Bn 313.73 Mn 48.96 Mn
7 Ryan Specialty Holdings 5.43 Bn 5.29 Bn - -
8 Radian 4.96 Bn 4.22 Bn 380.01 Mn 194.95 Mn
9 NMI Holdings 3.42 Bn 3.35 Bn 157.40 Mn 30.49 Mn
10 Assured Guaranty 3.29 Bn -506.61 Mn 156.00 Mn 39.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 460.00 Mn
Jun 30, 2026 460.00 Mn
Mar 31, 2026 62.00 Mn
Mar 31, 2026 62.00 Mn
Dec 31, 2025 415.00 Mn
Dec 31, 2025 415.00 Mn
Sep 30, 2025 70.00 Mn
Sep 30, 2025 70.00 Mn
Jun 30, 2025 416.00 Mn
Jun 30, 2025 416.00 Mn
Mar 31, 2025 54.00 Mn
Mar 31, 2025 54.00 Mn
Dec 31, 2024 -920.00 Mn
Dec 31, 2024 -920.00 Mn
Sep 30, 2024 61.00 Mn
Sep 30, 2024 61.00 Mn
Jun 30, 2024 387.00 Mn
Jun 30, 2024 387.00 Mn
Mar 31, 2024 46.00 Mn
Mar 31, 2024 46.00 Mn