# Cannae Holdings, Inc.: overview

CNNE · NYSE · CIK 1704720 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cnne.md) · [Financials](/companies/cnne/financials.md) · [Filings](/companies/cnne/filings.md) · [Insiders](/companies/cnne/insiders.md)

Latest reported revenue: [$102.2m](/filings/0001704720-26-000153.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001704720-26-000153).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [114](/filings/0001704720-25-000175.md) | [110 d](/filings/0001704720-26-000045.md) | [103](/filings/0001704720-26-000107.md) | [110](/filings/0001704720-26-000153.md) | [107](/filings/0001704720-25-000175.md) | [103 d](/filings/0001704720-26-000045.md) | [96.2](/filings/0001704720-26-000107.md) | [102](/filings/0001704720-26-000153.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(15.9%)](/filings/0001704720-25-000175.md) | [(20.0%) d](/filings/0001704720-26-000045.md) | [(20.7%)](/filings/0001704720-26-000107.md) | [(55.3%)](/filings/0001704720-26-000153.md) | [(12.3%)](/filings/0001704720-25-000175.md) | [(23.3%) d](/filings/0001704720-26-000045.md) | [(23.0%)](/filings/0001704720-26-000107.md) | [(55.6%)](/filings/0001704720-26-000153.md) |
| Net margin | % | [(11.9%)](/filings/0001704720-25-000175.md) | [(41.9%) d](/filings/0001704720-26-000045.md) | [(109.5%)](/filings/0001704720-26-000107.md) | [(216.7%)](/filings/0001704720-26-000153.md) | [(64.0%)](/filings/0001704720-25-000175.md) | [(101.5%) d](/filings/0001704720-26-000153.md) | [(33.4%)](/filings/0001704720-26-000107.md) | [36.7%](/filings/0001704720-26-000153.md) |
| Diluted EPS | $ per share | [(0.22)](/filings/0001704720-25-000175.md) | not reported | [(1.81)](/filings/0001704720-26-000107.md) | [(3.93)](/filings/0001704720-26-000153.md) | [(1.25)](/filings/0001704720-25-000175.md) | not reported | [(0.70)](/filings/0001704720-26-000107.md) | [0.86](/filings/0001704720-26-000153.md) |
| Free cash flow | $m | [(33.6) d](/filings/0001704720-25-000175.md) | [(14.4) d](/filings/0001704720-26-000045.md) | [7.2](/filings/0001704720-26-000107.md) | [(23.6) d](/filings/0001704720-26-000153.md) | [(24.1) d](/filings/0001704720-25-000175.md) | [12.0 d](/filings/0001704720-26-000045.md) | [(23.0)](/filings/0001704720-26-000107.md) | [(8.3) d](/filings/0001704720-26-000153.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [742](/filings/0001704720-24-000030.md) | [662](/filings/0001704720-25-000015.md) | [570](/filings/0001704720-26-000045.md) | [453](/filings/0001704720-26-000045.md) | [424](/filings/0001704720-26-000045.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(18.0%)](/filings/0001704720-24-000030.md) | [(21.8%)](/filings/0001704720-25-000015.md) | [(20.9%)](/filings/0001704720-26-000045.md) | [(22.9%)](/filings/0001704720-26-000045.md) | [(28.2%)](/filings/0001704720-26-000045.md) |
| Net margin | % | [(38.7%)](/filings/0001704720-24-000030.md) | [(64.7%)](/filings/0001704720-25-000015.md) | [(55.0%)](/filings/0001704720-26-000045.md) | [(67.3%)](/filings/0001704720-26-000045.md) | [(123.9%)](/filings/0001704720-26-000153.md) |
| Diluted EPS | $ per share | [(3.19)](/filings/0001704720-24-000030.md) | [(5.25)](/filings/0001704720-25-000015.md) | [(4.27)](/filings/0001704720-26-000045.md) | [(4.73)](/filings/0001704720-26-000045.md) | [(9.29)](/filings/0001704720-26-000153.md) |
| Free cash flow | $m | [(190)](/filings/0001704720-24-000030.md) | [(219)](/filings/0001704720-25-000015.md) | [(97.8)](/filings/0001704720-26-000045.md) | [(97.1)](/filings/0001704720-26-000045.md) | [(28.5)](/filings/0001704720-26-000045.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cnne/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $59.5m | 4,131,651 |  | Reduced −153,495 |
| [CARRONADE CAPITAL MANAGEMENT, LP](/funds/1866872.md) | 2026-06-30 | $46.5m | 3,230,148 |  | Reduced −32,500 |
| [Newtyn Management, LLC](/funds/1569241.md) | 2026-06-30 | $45.6m | 3,169,631 |  | Reduced −97,324 |
| [PRIVATE MANAGEMENT GROUP INC](/funds/1142031.md) | 2026-06-30 | $34.6m | 2,404,943 |  | Added +101,200 |
| [River Road Asset Management, LLC](/funds/1341401.md) | 2026-06-30 | $27.6m | 1,915,746 |  | Reduced −44,359 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $24.0m | 1,664,211 |  | Reduced −197,395 |
| [Saba Capital Management, L.P.](/funds/1510281.md) | 2026-06-30 | $22.8m | 1,582,225 |  | Reduced −132,769 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $20.4m | 1,419,825 |  | Added +68,340 |
| [STATE OF WISCONSIN INVESTMENT BOARD](/funds/854157.md) | 2026-06-30 | $19.0m | 1,319,820 |  | Added +158,427 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $15.5m | 1,072,753 |  | Added +12,997 |

## Recent filings

[All 720 filings](/companies/cnne/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 17:14 ET | [DEF 14A](/filings/0001193125-26-441853.md) | Proxy statement, period 2026-12-11 | 0001193125-26-441853 |
| 2026-10-05 | 18:59 ET | [SCHEDULE 13D/A](/filings/0000921895-26-002737.md) | Ownership report, active investor, amended | 0000921895-26-002737 |
| 2026-08-10 | 16:45 ET | [10-Q](/filings/0001704720-26-000153.md) | Quarterly report, period 2026-06-30 | 0001704720-26-000153 |
| 2026-08-10 | 16:11 ET | [8-K](/filings/0001704720-26-000151.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001704720-26-000151 |
| 2026-08-07 | 18:07 ET | [SCHEDULE 13D/A](/filings/0000921895-26-002009.md) | Ownership report, active investor, amended | 0000921895-26-002009 |
| 2026-07-31 | 08:42 ET | [8-K](/filings/0001704720-26-000146.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001704720-26-000146 |
| 2026-07-16 | 17:01 ET | [8-K](/filings/0001704720-26-000140.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001704720-26-000140 |
| 2026-06-12 | 18:25 ET | [8-K](/filings/0001704720-26-000117.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001704720-26-000117 |
| 2026-05-11 | 17:06 ET | [10-Q](/filings/0001704720-26-000107.md) | Quarterly report, period 2026-03-31 | 0001704720-26-000107 |
| 2026-05-11 | 16:15 ET | [8-K](/filings/0001704720-26-000104.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001704720-26-000104 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001704720-26-000045.md), filed Mar 2, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/5297f056-9549-4cef-9050-616586ec4ff3)

## About the filer

- CIK: 1704720
- Tickers: CNNE
- Exchange: NYSE
- SIC code: 5810 Retail-Eating & Drinking Places
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 17:24 ET. No prices; not investment advice.