Stewart Information Services Reports 28% Revenue Growth and Increased Net Income in Q1 2026

Stewart Information Services Corporation reported significant financial growth in its first quarter of 2026, with net income attributable to the company reaching $16.964 million, or $0.55 per diluted share, compared to $3.077 million, or $0.11 per diluted share, in the same period of 2025. The company’s operating revenues increased by 28% to $764.554 million from $596.275 million year-over-year, driven by strong performance in both direct and agency title operations, as well as a notable rise in real estate solutions revenues.

The title segment, which includes services related to property transactions, saw operating revenues rise by 21% to $620.090 million, bolstered by a 17% increase in direct title revenues and a 25% increase in agency title revenues. The real estate solutions segment experienced a remarkable 66% increase in revenues, reaching $161.371 million, largely due to contributions from the recently acquired Mortgage Contracting Services (MCS) business. Overall, the company’s pretax income before noncontrolling interests surged to $23.625 million from $5.900 million in the prior year.

In terms of operational metrics, Stewart reported an increase in employee headcount, averaging approximately 8,000 employees in the first quarter of 2026, up from 6,800 in the same period last year. This increase was attributed to growth in business volume and recent acquisitions. The company also noted a favorable claims experience, with title loss expenses as a percentage of title operating revenues improving to 3.1% from 3.5% year-over-year. Additionally, the company’s cash and investments totaled $920 million as of March 31, 2026, reflecting a strong liquidity position.

Stewart's strategic developments included the acquisition of a title office, which contributed to the increase in goodwill, now totaling $1.276 billion. The company continues to focus on enhancing its operational efficiencies through technology investments and the integration of acquisitions. Looking ahead, Stewart anticipates continued growth in the real estate market, supported by a projected increase in mortgage originations and home sales, despite the challenges posed by elevated mortgage interest rates.

The company’s outlook remains cautiously optimistic, with expectations for further revenue growth driven by both its title and real estate solutions segments. However, management acknowledges potential risks, including fluctuations in economic conditions, interest rates, and regulatory changes that could impact future performance.