AI-extracted from the 10-Q filed 2026-08-04 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Stewart's Q2 FY2026 revenue rose 25% YoY to $899.2M, powered by a 75% surge in Real Estate Solutions (largely the acquired MCS business) and 15% growth in the Title segment, though rising other operating expenses and interest costs offset some of the gain.
Biggest Revenue Drivers
Title$701.9M+15% YoY
Strong performance by direct and agency title operations amid higher commercial transaction volume
Real Estate Solutions$197.4M+75% YoY
Primarily driven by the recently acquired MCS business and higher credit information and valuation services revenue
Biggest Revenue Drivers
Total revenue: $899.2M+25% YoY
Title$701.9M+15% YoY
Strong performance by direct and agency title operations amid higher commercial transaction volume
Within Title
Direct title revenues$306.6M+5% YoY
Increased domestic commercial transaction volume, including larger data center deals
Agency title revenues (gross)$377.0M+25% YoY
Improved residential and commercial volumes in key agency states
Real Estate Solutions$197.4M+75% YoY
Primarily driven by the recently acquired MCS business and higher credit information and valuation services revenue
Largest Expense Items
Amounts retained by agencies$314.9M+25% YoY
Tracks gross agency title revenue growth; retention rate held near 83.5%
Other operating expenses$241.1M+39% YoY
Higher real estate solutions third-party service and appraiser expenses plus increased title search/service fees and premium taxes
Employee costs$241.1M+16% YoY
Higher salaries and benefits from increased headcount (~8,200 avg employees) and higher incentive compensation
Title losses and related claims$22.1M+3% YoY
Increased title revenues partially offset by continued favorable claims experience
Margins: Consolidated pretax income rose to $55.1M from $46.8M; employee costs improved to 27.4% of revenue (from 29.5%), but other operating expenses rose to 27.4% (from 24.6%) as the higher-cost Real Estate Solutions mix grew. Title segment pretax margin fell to 6.9% from 8.1%, while Real Estate Solutions margin rose to 9.4% from 6.0%.
Watch Items from the Filing
Amounts retained by independent agencies average 83.5% of agency revenue, with a high proportion of agencies in states with retention rates above 80%, limiting net agency margin.
Real Estate Solutions' 75% revenue growth was primarily driven by the recently acquired MCS business rather than organic growth.
Corporate segment pretax loss widened to $12.0M from $9.2M, driven by higher interest expense on increased line-of-credit debt; six-month interest expense rose 52% YoY.
30-year mortgage rates eased to 6.4% from 6.8% YoY and existing home sales rose 3%, though rates remain elevated and originations growth was concentrated in refinancing (+45%).
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Bryant Iain MartynGroup PresidentShares withheld for tax or exercise price · Jul 1, 2026
Clarke RobertDirectorGrant or award · May 7, 2026
Matz Deborah JaneDirectorGrant or award · May 7, 2026
Vaid HelenDirectorGrant or award · May 7, 2026
Sanchez Rodriquez ManuelDirectorGrant or award · May 7, 2026
Pallotta Karen RDirectorGrant or award · May 7, 2026
About STEWART INFORMATION SERVICES CORP (STC): stock profile, AI score and financials
STEWART INFORMATION SERVICES CORP (STC) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores STC at 67.2/100 on a composite quality score built from its SEC filings, placing it at rank #375 of 2,925 stocks — the top 25% of the AI-ranked universe. STC scores in the top quartile across revenue growth (78.3). Based on the latest XBRL financial filings (Q2 2026), STEWART INFORMATION SERVICES CORP reports quarterly revenue of $899.2M, net income of $37.2M, an operating margin of 6.1%. Top institutional holders of STC by reported 13-F value include BlackRock, FMR, Neuberger Berman Group, based on the most recent SEC filings. STC trades on the NYSE exchange and files with the SEC under CIK 94344. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate STC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for STEWART INFORMATION SERVICES CORP directly from SEC EDGAR.