First American Q2 FY26 EPS rises 50% to $2.12; revenue increases 15% to $2.1 billion

First American posted net income of $218.5 million, lifting diluted EPS to $2.12; adjusted EPS rose to $2.08, up 36% year over year.

Revenue climbed 15% from a year earlier to $2.12 billion, driven by stronger commercial results amid continued weakness in the residential market.

Title Insurance and Services pretax margin widened 3.1 percentage points to 15.7% as segment investment income rose 11% to $164 million.

Commercial revenue increased 34% to $314.1 million; Home Warranty pretax margin improved 1.1 percentage points to 21.3%.

CEO Mark Seaton said the company is integrating AI into workflows to boost employee effectiveness, customer experience, and operating performance.