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Fidelity National Financial FNF Indexed annuities — Deferred Policy Acquisition Cost

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PFGVariable Annuity — Deferred Policy Acquisition Costs
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APOTraditional Deferred Annuities — Deferred Policy Acquisition Cost
$1.51B+14.7%

Other financials

Income statement

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Revenue$3.2B+18.2%
Net income$243.0M+193%
EPS (diluted)$0.90+200%

Balance sheet

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Cash & equivalents$2.5B-45.0%
Total debt$4.8B-0.7%
Total equity$7.3B-8.1%
Total assets$111.50B+13.5%

Cash flow

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Operating cash flow$875.0M-21.5%

Valuation

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Market cap$12.6B-29.7%
Enterprise value$14.9B-18.3%
P/E13.1×
P/S0.8×-0.5×

Profitability

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Net margin8.3%

Returns & leverage

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Return on equity14.2%
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Fidelity National Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Fidelity National Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's indexed annuities — deferred policy acquisition cost?
Fidelity National Financial (FNF) reported indexed annuities — deferred policy acquisition cost of $2.28B in Q1 2026.
How has Fidelity National Financial's indexed annuities — deferred policy acquisition cost changed year-over-year?
Fidelity National Financial's indexed annuities — deferred policy acquisition cost increased by 16.5% year-over-year, from $1.96B to $2.28B.
What is the long-term trend for Fidelity National Financial's indexed annuities — deferred policy acquisition cost?
Over 2 years (2023 to 2025), Fidelity National Financial's indexed annuities — deferred policy acquisition cost has grown at a 30.6% compound annual growth rate (CAGR), from $4.88B to $8.32B.
What does indexed annuities — deferred policy acquisition cost mean?
The unamortized portion of costs spent to acquire new annuity customers.
How do you interpret indexed annuities — deferred policy acquisition cost?
An increasing balance typically reflects strong new business growth, while a declining balance may indicate lower sales volume or accelerated amortization.
How does indexed annuities — deferred policy acquisition cost compare across companies?
Standard DAC (Deferred Acquisition Cost) accounting used across the insurance industry.