First American Financial Corp (FAF) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.3B	7.4B	6.1B	6.0B	7.6B
Cost of Revenue	1.0B	326.6M	2.4B	2.3B	3.3B
Gross Profit	3.3B	7.1B	3.8B	3.7B	4.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	597.4M	—	2.1B	2.0B	2.3B
General & Admin Expense	597.4M	—	2.1B	2.0B	2.3B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	2.1B	6.3B	1.5B	1.4B	1.6B
Total Operating Expenses	2.7B	6.3B	3.6B	3.4B	4.0B
Cost and Expenses	3.8B	6.6B	6.0B	5.7B	7.3B
Operating Income (EBIT)	515.0M	826.2M	165.4M	274.4M	325.7M
Non-Operating
Interest Income	—	—	537.3M	545.7M	357.4M
Interest Expense	177.9M	157.0M	149.6M	132.5M	93.0M
Net Interest Income	(177.9M)	(157.0M)	387.7M	413.2M	264.4M
Other Non-Op Income/Expense	445.7M	—	—	—	—
Non-Operating Income (excl Interest)	(90.3M)	(157.0M)	(149.6M)	(132.5M)	(93.0M)
EBT (Pre-Tax Income)	960.7M	826.2M	165.4M	274.4M	325.7M
Income Tax Expense	226.8M	201.0M	32.8M	58.9M	60.4M
Bottom Line
Net Income	732.5M	621.8M	131.1M	216.8M	263.0M
Earnings from Cont. Ops	733.9M	625.2M	132.6M	215.5M	265.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	732.5M	621.8M	131.1M	216.8M	263.0M
Per Share
Basic EPS	$7.12	$6.02	$1.26	$2.08	$2.46
Diluted EPS	$7.10	$6.00	$1.26	$2.07	$2.45
Revenue Per Share	$41.77	$72.07	$58.91	$57.51	$70.97
Shares
Basic Shares Outstanding	102.7M	103.3M	103.9M	104.3M	107.0M
Diluted Shares Outstanding	103.2M	103.7M	104.3M	104.6M	107.3M
Profitability Metrics
EBITDA	824.1M	1.2B	522.4M	595.4M	586.2M
D&A	218.8M	216.2M	207.4M	188.5M	167.5M
EBIT	605.3M	983.2M	315.0M	406.9M	418.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026