Fidelity National Financial, Inc. (FNF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 875M | 1.87B | 1.31B | 1.9B | 1.11B | 1.5B | 2.37B | 1.36B | 1.59B | 2.26B | 1.08B | 1.72B | 1.42B | 1.38B | 1.48B | 828M | 667M | 1.49B | 1.08B | 851M |
| Operating CF Growth % | -21.52% | 25.08% | -44.59% | 39.1% | -29.92% | -33.94% | 119.89% | -20.8% | 12.2% | 64.22% | -27.4% | 107.85% | 112.59% | -7.52% | 36.72% | -2.7% | 0.3% | 143.07% | 163.11% | 89.96% |
| Operating CF / Revenue % | 27.12% | 45.98% | 33.28% | 53.03% | 41.7% | 42.36% | 67.24% | 44.54% | 49.03% | 67.11% | 39.72% | 56.93% | 58.67% | 53.85% | 45.45% | 32.13% | 21.84% | 32.25% | 29.11% | 23.06% |
| Net Income | 321M | -117M | 389M | 293M | 83M | 508M | 271M | 306M | 269M | -114M | 477M | 243M | -88M | 71M | 294M | 388M | 399M | 539M | 737M | 557M |
| Depreciation & Amortization | 215M | 125M | 227M | 200M | 196M | 194M | 189M | 189M | 167M | 155M | 153M | 151M | 134M | 22M | 131M | 161M | 182M | 105M | 252M | 105M |
| Stock-Based Compensation | 23M | 0 | 23M | 20M | 21M | 34M | 15M | 17M | 16M | 17M | 15M | 14M | 14M | 12M | 13M | 11M | 13M | 12M | 10M | 10M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -371M | -267M | 191M |
| Other Non-Cash Items | 316M | 223M | -851M | 59M | 92M | -301M | -23M | -124M | -190M | 233M | -288M | -23M | 265M | 319M | -45M | -127M | -220M | -52M | -45M | -49M |
| Working Capital Changes | 0 | 1.64B | 1.52B | 1.32B | 723M | 1.06B | 1.91B | 975M | 1.33B | 1.97B | 719M | 1.34B | 1.09B | 954M | 1.09B | 395M | 293M | 1.26B | 397M | 37M |
| Cash from Investing | -945M | -2.97B | -2.06B | -3.48B | -785M | -2.85B | -2B | -1.93B | -1.1B | -3.33B | -1.53B | -1.95B | -2.29B | -2.63B | -2B | -2.48B | -3.41B | -2.59B | -1.75B | -2.06B |
| Capital Expenditures | -27M | -34M | -38M | -38M | -37M | -30M | -40M | -41M | -35M | -31M | -32M | -35M | -34M | -31M | -30M | -34M | -43M | -38M | -39M | -32M |
| Acquisitions | 0 | -2M | -571M | -431M | -665M | -244M | -464M | -453M | -556M | -235M | -331M | -429M | -600M | -165M | -331M | -432M | -329M | -902M | -399M | -539M |
| Purchase of Investments | -4.08B | -7.56B | -5.05B | -6.34B | -5.13B | -6.26B | -5.12B | -3.71B | -3.82B | -3.33B | -3.49B | -3.09B | -4.08B | -4.18B | -2.94B | -3.54B | -5.07B | -5.74B | -4.05B | -2.94B |
| Sale/Maturity of Investments | 3.24B | 4.63B | 3.45B | 3.24B | 4.96B | 3.3B | 3.53B | 2.19B | 3.26B | 143M | 2.22B | 1.52B | 2.34B | 1.53B | 1.27B | 1.56B | 1.98B | 3.69B | 2.7B | 1.44B |
| Other Investing | -77M | -7M | 153M | 89M | 84M | 391M | 95M | 84M | 58M | 118M | 108M | 95M | 86M | 212M | 30M | -31M | 39M | 398M | 43M | 19M |
| Cash from Financing | -99M | 244M | 969M | 375M | 675M | -140M | -291M | 1.94B | 255M | 625M | 526M | 540M | 1.4B | 1.07B | 565M | 1.28B | 1.18B | 308M | 2.34B | 1.65B |
| Dividends Paid | -140M | -140M | -135M | -135M | -136M | -141M | -130M | -131M | -130M | -134M | -123M | -121M | -122M | -124M | -120M | -121M | -124M | -126M | -114M | -102M |
| Share Repurchases | -78M | -68M | -43M | -154M | -24M | -55M | 0 | 0 | 0 | -36M | -2M | -16M | -6M | -49M | -206M | -169M | -129M | -102M | -67M | -182M |
| Stock Issued | 0 | 0 | 0 | 0 | 117M | 4M | 7M | 9M | 1M | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 0 | -1000K | -1000K | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 0 | 1000K | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 41M | 453M | 1.16B | 664M | 633M | -101M | -161M | 1.76B | 377M | 579M | 659M | 677M | 1.06B | 710M | 1.29B | 1.57B | 1.43B | 553M | 2.52B | 1.94B |
| Net Change in Cash | -169M | -858M | 222M | -1.21B | 1B | -1.49B | 80M | 1.37B | 750M | -442M | 73M | 315M | 535M | -188M | 48M | -367M | -1.57B | -788M | 1.68B | 445M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 2.64B | 3.49B | 3.27B | 4.48B | 3.48B | 4.97B | 4.89B | 3.52B | 2.77B | 3.21B | 3.14B | 2.82B | 2.29B | 2.47B | 2.43B | 2.79B | 4.36B | 5.15B | 3.47B | 3.03B |
| Cash at End | 2.47B | 2.64B | 3.49B | 3.27B | 4.48B | 3.48B | 4.97B | 4.89B | 3.52B | 2.77B | 3.21B | 3.14B | 2.82B | 2.29B | 2.47B | 2.43B | 2.79B | 4.36B | 5.15B | 3.47B |
| Free Cash Flow | 848M | 1.84B | 1.27B | 1.86B | 1.08B | 1.47B | 2.33B | 1.32B | 1.56B | 2.23B | 1.04B | 1.69B | 1.38B | 1.35B | 1.45B | 794M | 624M | 1.45B | 1.04B | 819M |
| FCF Growth % | -21.34% | 25.32% | -45.27% | 40.54% | -30.72% | -34.36% | 122.8% | -21.59% | 12.43% | 65.7% | -28.1% | 112.34% | 121.79% | -7.23% | 38.95% | -3.05% | -2.95% | 151.21% | 171.43% | 91.36% |
| FCF Margin % | 26.29% | 45.14% | 32.32% | 51.97% | 40.31% | 41.51% | 66.1% | 43.2% | 47.95% | 66.19% | 38.54% | 55.77% | 57.26% | 52.64% | 44.53% | 30.81% | 20.43% | 31.43% | 28.06% | 22.2% |
| FCF per Share | 3.15 | 6.8 | 4.66 | 6.81 | 3.95 | 5.37 | 8.52 | 4.84 | 5.72 | 8.24 | 3.85 | 6.22 | 5.13 | 4.97 | 5.28 | 2.85 | 2.2 | 5.09 | 3.67 | 2.84 |