---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034737"
form_type: "8-K"
ticker: "STC"
cik: "0000094344"
company_name: "STEWART INFORMATION SERVICES CORP"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:39:53.832916+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stewart Q2 revenue $549.2M, net income $15.8M; both down sharply YoY

## Summary
- Total revenues $549.2M, down 35% from $844.1M in Q2 2022; adjusted revenue $550.3M.
- Net income $15.8M ($0.58 diluted EPS) vs $61.7M ($2.26) prior year; adjusted net income $18.9M ($0.69).
- Title segment operating revenues $466.7M, down 39% YoY; pretax margin 7.4% vs 12.3%.
- CEO cites elevated mortgage interest rates (~7%) suppressing transaction volumes.
- Company maintaining cost discipline while investing in long-term resilience strategies.

## SEC filing metadata
- accession: 0000950170-23-034737
- form_type: 8-K
- ticker: STC
- cik: 0000094344
- company_name: STEWART INFORMATION SERVICES CORP
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94344/000095017023034737/0000950170-23-034737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94344/000095017023034737/stc-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034737
- JSON: https://secwatch.observer/filing/0000950170-23-034737.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034737.txt

## Key facts
- Earnings Releases
  STEWART INFORMATION SERVICES CORP reported the three months ended June 30, 2023 results: revenue $549.2 million, net income $15.8 million, EPS $0.58.
  - Period: the three months ended June 30, 2023
  - Revenue: $549.2 million
  - Net income: $15.8 million
  - EPS: $0.58
  - Result: reported results
  source text: Stewart Reports Second Quarter 2023 Results Total revenues of $549.2 million ($550.3 million on an adjusted basis) compared to $844.1 million ($850.7 million on an adjusted basis) in the prior year quarter Net income of $15.8 million ($18.9 million net income on an adjusted basis) compared to $61.7 million ($70.4 million on an adjusted basis) in the prior year quarter Diluted EPS of $0.58 ($0.69 on an adjusted basis) compared to prior year quarter diluted EPS of $2.26 ($2.58 on an adjusted basis)
  evidence_url: https://www.sec.gov/Archives/edgar/data/94344/000095017023034737/0000950170-23-034737-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.