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Fidelity National Financial FNF Universal Life — URL/Deferred revenue

Discontinued — last reported Q4 '25

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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$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:ContractWithCustomerLiability.

The official record: Fidelity National Financial’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's universal life — url/deferred revenue?
Fidelity National Financial (FNF) reported universal life — url/deferred revenue of $551M in Q4 2025.
How has Fidelity National Financial's universal life — url/deferred revenue changed year-over-year?
Fidelity National Financial's universal life — url/deferred revenue increased by 37.4% year-over-year, from $401M to $551M.
What does universal life — url/deferred revenue mean?
Revenue collected in advance that will be recognized as income in future periods.
How do you interpret universal life — url/deferred revenue?
An increase indicates strong future revenue potential, while a decrease suggests the company is recognizing revenue faster than it is acquiring new contracts.
How does universal life — url/deferred revenue compare across companies?
Standard accounting concept known as 'Unearned Revenue' or 'Deferred Revenue' across all industries.