Cannae Holdings, Inc. reported second quarter 2026 results featuring net earnings attributable to common shareholders of $37.5 million, or $0.86 per share, compared to a loss of $238.8 million in the prior year period. The turnaround was driven by an $82.8 million gain on recognized items and improved performance at Black Knight Football, which qualified for European competition. Cannae sold its 49% interest in Watkins for $90 million and acquired Exeter Rugby Group for approximately $26 million USD to expand its sports portfolio. The company repurchased 3.4 million shares for $44 million year-to-date but bought back no shares during the quarter due to recent transactions. Cannae Holdings, Inc. is an investment holding company that acquires and actively manages interests in operating businesses.
