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Side-by-side financial comparison of Fidelity National Financial, Inc. (FNF) and Paymentus Holdings, Inc. (PAY). 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 $330.5M, roughly 1.6× Paymentus Holdings, Inc.). Paymentus Holdings, Inc. runs the higher net margin — 6.3% vs -21.5%, a 27.8% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 10.3%). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs 13.7%).
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.
Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.
FNF vs PAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $544.0M | $330.5M |
| Net Profit | $-117.0M | $20.7M |
| Gross Margin | — | 25.4% |
| Operating Margin | 82.9% | 7.3% |
| Net Margin | -21.5% | 6.3% |
| Revenue YoY | 10.3% | 28.1% |
| Net Profit YoY | -126.0% | 57.2% |
| EPS (diluted) | $-0.44 | $0.16 |
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.
| Q4 25 | $544.0M | $330.5M | ||
| Q3 25 | $553.0M | $310.7M | ||
| Q2 25 | $547.0M | $280.1M | ||
| Q1 25 | $455.0M | $275.2M | ||
| Q4 24 | $493.0M | $257.9M | ||
| Q3 24 | $506.0M | $231.6M | ||
| Q2 24 | $504.0M | $197.4M | ||
| Q1 24 | $421.0M | $184.9M |
| Q4 25 | $-117.0M | $20.7M | ||
| Q3 25 | $358.0M | $17.7M | ||
| Q2 25 | $278.0M | $14.7M | ||
| Q1 25 | $83.0M | $13.8M | ||
| Q4 24 | $450.0M | $13.1M | ||
| Q3 24 | $266.0M | $14.4M | ||
| Q2 24 | $306.0M | $9.4M | ||
| Q1 24 | $248.0M | $7.2M |
| Q4 25 | — | 25.4% | ||
| Q3 25 | — | 24.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 24.0% | ||
| Q4 24 | — | 25.6% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 29.8% | ||
| Q1 24 | — | 28.5% |
| Q4 25 | 82.9% | 7.3% | ||
| Q3 25 | 81.9% | 6.4% | ||
| Q2 25 | 69.8% | 5.7% | ||
| Q1 25 | 24.4% | 5.7% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | 61.9% | 5.2% | ||
| Q2 24 | 90.9% | 5.2% | ||
| Q1 24 | 78.6% | 4.5% |
| Q4 25 | -21.5% | 6.3% | ||
| Q3 25 | 64.7% | 5.7% | ||
| Q2 25 | 50.8% | 5.3% | ||
| Q1 25 | 18.2% | 5.0% | ||
| Q4 24 | 91.3% | 5.1% | ||
| Q3 24 | 52.6% | 6.2% | ||
| Q2 24 | 60.7% | 4.7% | ||
| Q1 24 | 58.9% | 3.9% |
| Q4 25 | $-0.44 | $0.16 | ||
| Q3 25 | $1.33 | $0.14 | ||
| Q2 25 | $1.02 | $0.11 | ||
| Q1 25 | $0.30 | $0.11 | ||
| Q4 24 | $1.65 | $0.11 | ||
| Q3 24 | $0.97 | $0.11 | ||
| Q2 24 | $1.12 | $0.07 | ||
| Q1 24 | $0.91 | $0.06 |
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 | $320.9M |
| Total DebtLower is stronger | $4.4B | — |
| Stockholders' EquityBook value | $7.4B | $560.4M |
| Total Assets | $109.0B | $667.9M |
| Debt / EquityLower = less leverage | 0.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.6B | $320.9M | ||
| Q3 25 | $3.5B | $287.9M | ||
| Q2 25 | $3.3B | $266.4M | ||
| Q1 25 | $4.5B | $245.8M | ||
| Q4 24 | $3.5B | $205.9M | ||
| Q3 24 | $5.0B | $187.5M | ||
| Q2 24 | $4.9B | $188.8M | ||
| Q1 24 | $3.5B | $180.1M |
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.2B | — | ||
| Q1 24 | $3.9B | — |
| Q4 25 | $7.4B | $560.4M | ||
| Q3 25 | $8.4B | $537.4M | ||
| Q2 25 | $7.9B | $516.7M | ||
| Q1 25 | $7.9B | $500.4M | ||
| Q4 24 | $7.8B | $485.6M | ||
| Q3 24 | $8.1B | $468.8M | ||
| Q2 24 | $7.3B | $451.6M | ||
| Q1 24 | $7.1B | $439.4M |
| Q4 25 | $109.0B | $667.9M | ||
| Q3 25 | $106.6B | $644.4M | ||
| Q2 25 | $102.3B | $609.5M | ||
| Q1 25 | $98.2B | $590.9M | ||
| Q4 24 | $95.4B | $576.2M | ||
| Q3 24 | $94.7B | $552.9M | ||
| Q2 24 | $88.8B | $527.7M | ||
| Q1 24 | $84.5B | $514.0M |
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.58× | — | ||
| Q1 24 | 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 | $45.1M |
| Free Cash FlowOCF − Capex | — | $45.0M |
| FCF MarginFCF / Revenue | — | 13.6% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | — | $161.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $45.1M | ||
| Q3 25 | $1.3B | $35.1M | ||
| Q2 25 | $1.9B | $31.5M | ||
| Q1 25 | $1.1B | $50.4M | ||
| Q4 24 | $1.5B | $27.9M | ||
| Q3 24 | $2.4B | $6.7M | ||
| Q2 24 | $1.4B | $18.0M | ||
| Q1 24 | $1.6B | $11.0M |
| Q4 25 | — | $45.0M | ||
| Q3 25 | — | $35.0M | ||
| Q2 25 | — | $31.4M | ||
| Q1 25 | — | $50.4M | ||
| Q4 24 | — | $27.8M | ||
| Q3 24 | — | $6.7M | ||
| Q2 24 | — | $17.8M | ||
| Q1 24 | — | $10.8M |
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 11.3% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | 18.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 9.0% | ||
| Q1 24 | — | 5.9% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | — | 2.18× | ||
| Q3 25 | 3.66× | 1.98× | ||
| Q2 25 | 6.82× | 2.14× | ||
| Q1 25 | 13.43× | 3.65× | ||
| Q4 24 | 3.32× | 2.12× | ||
| Q3 24 | 8.89× | 0.47× | ||
| Q2 24 | 4.45× | 1.93× | ||
| Q1 24 | 6.42× | 1.52× |
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% |
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
