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Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and IDEX Corporation (IEX). Click either name above to swap in a different company.
Fidelity National Financial, Inc. is the larger business by last-quarter revenue ($544.0M vs $398.4M, roughly 1.4× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs -21.5%, a 51.6% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 10.3%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% CAGR vs -29.4%).
Fidelity National Financial, Inc., is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations. The company was the first instance of an attorney licensed by a Native American Tribe being certified as "authorized house counsel" in the state of Florida.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
FNF vs IEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $544.0M | $398.4M |
| Net Profit | $-117.0M | $120.0M |
| Gross Margin | — | 99.9% |
| Operating Margin | 82.9% | 43.3% |
| Net Margin | -21.5% | 30.1% |
| Revenue YoY | 10.3% | 16.7% |
| Net Profit YoY | -126.0% | 25.7% |
| EPS (diluted) | $-0.44 | $1.61 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | $544.0M | $899.1M | ||
| Q3 25 | $553.0M | $878.7M | ||
| Q2 25 | $547.0M | $865.4M | ||
| Q1 25 | $455.0M | $814.3M | ||
| Q4 24 | $493.0M | $862.9M | ||
| Q3 24 | $506.0M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | $-117.0M | $128.3M | ||
| Q3 25 | $358.0M | $127.8M | ||
| Q2 25 | $278.0M | $131.6M | ||
| Q1 25 | $83.0M | $95.5M | ||
| Q4 24 | $450.0M | $123.2M | ||
| Q3 24 | $266.0M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.3% | ||
| Q4 24 | — | 42.5% | ||
| Q3 24 | — | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | 82.9% | 20.4% | ||
| Q3 25 | 81.9% | 21.1% | ||
| Q2 25 | 69.8% | 21.7% | ||
| Q1 25 | 24.4% | 17.4% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | 61.9% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | -21.5% | 14.3% | ||
| Q3 25 | 64.7% | 14.5% | ||
| Q2 25 | 50.8% | 15.2% | ||
| Q1 25 | 18.2% | 11.7% | ||
| Q4 24 | 91.3% | 14.3% | ||
| Q3 24 | 52.6% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | $-0.44 | $1.71 | ||
| Q3 25 | $1.33 | $1.70 | ||
| Q2 25 | $1.02 | $1.74 | ||
| Q1 25 | $0.30 | $1.26 | ||
| Q4 24 | $1.65 | $1.61 | ||
| Q3 24 | $0.97 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.6B | $586.2M |
| Total DebtLower is stronger | $4.4B | — |
| Stockholders' EquityBook value | $7.4B | $4.0B |
| Total Assets | $109.0B | $6.9B |
| Debt / EquityLower = less leverage | 0.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | $2.6B | $580.0M | ||
| Q3 25 | $3.5B | $593.8M | ||
| Q2 25 | $3.3B | $568.2M | ||
| Q1 25 | $4.5B | $594.1M | ||
| Q4 24 | $3.5B | $620.8M | ||
| Q3 24 | $5.0B | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $1.8B | ||
| Q3 25 | $4.4B | $1.9B | ||
| Q2 25 | $4.4B | $1.9B | ||
| Q1 25 | $4.4B | $2.0B | ||
| Q4 24 | $4.3B | $2.0B | ||
| Q3 24 | $4.2B | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | $7.4B | $4.0B | ||
| Q3 25 | $8.4B | $4.0B | ||
| Q2 25 | $7.9B | $4.0B | ||
| Q1 25 | $7.9B | $3.9B | ||
| Q4 24 | $7.8B | $3.8B | ||
| Q3 24 | $8.1B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | $109.0B | $6.9B | ||
| Q3 25 | $106.6B | $7.0B | ||
| Q2 25 | $102.3B | $6.9B | ||
| Q1 25 | $98.2B | $6.8B | ||
| Q4 24 | $95.4B | $6.7B | ||
| Q3 24 | $94.7B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 0.45× | ||
| Q3 25 | 0.53× | 0.48× | ||
| Q2 25 | 0.56× | 0.46× | ||
| Q1 25 | 0.56× | 0.50× | ||
| Q4 24 | 0.56× | 0.52× | ||
| Q3 24 | 0.52× | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5B | — |
| Free Cash FlowOCF − Capex | — | $86.0M |
| FCF MarginFCF / Revenue | — | 21.6% |
| Capex IntensityCapex / Revenue | — | 4.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $209.5M | ||
| Q3 25 | $1.3B | $203.5M | ||
| Q2 25 | $1.9B | $161.7M | ||
| Q1 25 | $1.1B | $105.7M | ||
| Q4 24 | $1.5B | $172.6M | ||
| Q3 24 | $2.4B | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | — | $189.8M | ||
| Q3 25 | — | $188.7M | ||
| Q2 25 | — | $146.9M | ||
| Q1 25 | — | $91.4M | ||
| Q4 24 | — | $157.1M | ||
| Q3 24 | — | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 17.0% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | — | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 1.63× | ||
| Q3 25 | 3.66× | 1.59× | ||
| Q2 25 | 6.82× | 1.23× | ||
| Q1 25 | 13.43× | 1.11× | ||
| Q4 24 | 3.32× | 1.40× | ||
| Q3 24 | 8.89× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
IEX
Segment breakdown not available.
