Segment information

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Segment information

Segment information. The Company's chief operating decision maker (CODM) is the chief executive officer, who evaluates the performance of and allocates resources to its three reportable segments: title insurance and related services (title), real estate solutions, and corporate. The Company uses revenues and pretax income in assessing segment performance and trends. The title segment provides services needed to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property. In addition, the title segment includes home and personal insurance services, Internal Revenue Code Section 1031 tax-deferred exchanges, and digital customer engagement platform services. The real estate solutions segment supports the real estate industry and primarily includes credit and real estate information services, property preservation and field services, valuation services, online notarization and closing solutions, and capital markets search services. The corporate segment is primarily comprised of the parent holding company and centralized support services departments.

Statement of income information related to these reportable segments, including major expense captions used to calculate pretax income, is as follows:

	Three Months Ended  March 31,
	2026	2025
	(in $ thousands)
Title:
Revenues	620,090	514,874
Expenses
Amounts retained by agencies	276,142	221,377
Employee costs	195,366	168,487
Other operating expenses	96,478	86,505
Title losses and related claims	18,442	17,702
Depreciation and amortization	8,239	8,614
Interest	456	422
	595,123	503,107
Pretax income	24,967	11,767

	Three Months Ended March 31,
	2026	2025
	(in $ thousands)
Real estate solutions:
Revenues	161,400	97,112
Expenses
Employee costs	22,360	13,736
Other operating expenses	119,653	72,943
Depreciation and amortization	8,358	6,372
Interest	4	2
	150,375	93,053
Pretax income	11,025	4,059

Corporate:
Revenues - net realized losses	(183)	(2)
Expenses
Employee costs	3,372	3,588
Other operating expenses	1,386	1,463
Depreciation and amortization	258	336
Interest	7,168	4,537
	12,184	9,924
Pretax loss	(12,367)	(9,926)

Consolidated Stewart:
Revenues	781,307	611,984
Expenses
Amounts retained by agencies	276,142	221,377
Employee costs	221,098	185,811
Other operating expenses	217,517	160,911
Title losses and related claims	18,442	17,702
Depreciation and amortization	16,855	15,322
Interest	7,628	4,961
	757,682	606,084
Pretax income	23,625	5,900

The Company does not provide asset information by reportable operating segment as it does not routinely evaluate the asset position by segment.

Total revenues generated in the United States and all international operations are as follows:

	Three Months Ended   March 31,
	2026	2025
	(in $ thousands)
United States	747,797	581,575
International	33,510	30,409
	781,307	611,984