First American Financial Reports Q3 Revenue Up 41% to $2.0 Billion
First American Financial Corporation reported total revenue of $2.0 billion for the third quarter ended September 30, 2025, an increase of 41 percent from $1.42 billion in the same period last year. Adjusted total revenue was $2.0 billion, up 14 percent from the prior year. Net investment gains were $26 million. The Title Insurance and Services segment recorded revenue of $1.84 billion, up from $1.29 billion, and investment income of $153 million, a 12 percent increase from last year. The segment's pretax margin was 12.9 percent, compared to -10.1 percent last year, with an adjusted pretax margin of 12.9 percent versus 11.6 percent. Title open orders were 191,300, up from 166,100, and title closed orders were 141,800, compared to 121,600 in the previous year. U.S. Commercial total revenues reached $245.9 million, compared to $189.9 million last year. The Corporate segment reported a pretax loss of $5 million, compared to a loss of $23 million in the prior year. The effective tax rate was 23.1 percent.
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