Fidelity National Financial, Inc.
FNF Financial Insurance Specialty
Fidelity National Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.4 billion, up 5.58% from fiscal 2024.
- Revenue
- +11.4%
- EPS
- +9.80%
- Free cash flow
- −1.24%
- Total debt
- −0.43%
Quarter to June 2026, against a year earlier
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Fidelity National Financial, Inc. (FNF) Gross margin
Fidelity National Financial, Inc.'s gross margin over the twelve months to 30 June 2026 was 55.9%, up 0.8 percentage points from fiscal 2025 (55.1%). Over the past ten years it has ranged from 52.7% (fiscal 2023) to 74.0% (fiscal 2015); the current reading is higher than 18% of that period. That is in line with the Insurance Specialty industry median of 56.2% and below the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 55.1% | (0.44) |
| FY2024 | 55.6% | 2.89 |
| FY2023 | 52.7% | (11.09) |
| FY2022 | 63.8% | 0.52 |
| FY2021 | 63.3% | (3.21) |
| FY2020 | 66.5% | (6.88) |
| FY2019 | 73.3% | 0.45 |
| FY2018 | 72.9% | 0.15 |
| FY2017 | 72.7% | 0.27 |
| FY2016 | 72.5% | (1.55) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 53.2% | (13.00) |
| Mar 2026 | 66.2% | 13.32 |
| Dec 2025 | 52.8% | (0.74) |
| Sep 2025 | 53.6% | (1.12) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| FAF First American Financial Corporation compare | 100.0% |
| AGO Assured Guaranty Ltd. compare | 99.0% |
| NMIH NMI Holdings Inc compare | 89.9% |
| MTG MGIC Investment Corporation compare | 76.6% |
| RDN Radian Group Inc. compare | 69.2% |
| ESNT Essent Group Ltd. compare | 64.5% |
| FNF Fidelity National Financial, Inc. | 55.9% |
| AXS Axis Capital Holdings Limited compare | 28.7% |
| ACT Enact Holdings, Inc. compare | 0.00% |
| Insurance Specialty industry median | 56.2% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on FNF
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement