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Fidelity National Financial FNF Indexed annuities — Deferred Policy Acquisition Cost, Capitalization

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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$13.75B-13.9%
Enterprise value$16.06B-8.3%
P/E14.3×
P/S0.9×-0.3×

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:DeferredPolicyAcquisitionCostsAdditions.

The source filing: Fidelity National Financial’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001331875-26-000042
Line itemIndexed AnnuitiesFixed Rate AnnuitiesUniversal LifeTotal (a)
Balance at January 1, 2026$2,205$402$1,021$3,628
Capitalization126877211
Amortization(54)(28)(16)(98)
Balance at March 31, 2026$2,277$382$1,082$3,741
Indexed AnnuitiesFixed Rate AnnuitiesUniversal LifeTotal (a)
(In millions)
Balance at January 1, 2025$1,874$376$781$3,031
Capitalization1262169216

Cover / Front Matter

FAQ

What is Fidelity National Financial's indexed annuities — deferred policy acquisition cost, capitalization?
Fidelity National Financial (FNF) reported indexed annuities — deferred policy acquisition cost, capitalization of $126M in Q1 2026.
How has Fidelity National Financial's indexed annuities — deferred policy acquisition cost, capitalization changed year-over-year?
Fidelity National Financial's indexed annuities — deferred policy acquisition cost, capitalization decreased by 0.0% year-over-year, from $126M to $126M.
What is the long-term trend for Fidelity National Financial's indexed annuities — deferred policy acquisition cost, capitalization?
Over 2 years (2023 to 2025), Fidelity National Financial's indexed annuities — deferred policy acquisition cost, capitalization has grown at a 1.9% compound annual growth rate (CAGR), from $510M to $530M.
What does indexed annuities — deferred policy acquisition cost, capitalization mean?
The amount of new acquisition-related expenses deferred during the period rather than expensed immediately. This reflects the company's investment in new business production, including sales commissions and administrative costs directly tied to issuing new annuity contracts. It is a leading indicator of sales activity and growth investment.

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