Quarterly ResultAug 6, 2026, 08:04 AM
Radian Q2 Revenue +93% to $575M; Adj. EPS $1.14
AI Summary
Radian Group reported strong Q2 2026 financial results, with total revenues increasing 93% year-over-year to $575 million and adjusted diluted net operating income per share of $1.14. The company's transformation strategy gained momentum with the first full quarter of Inigo results, and divestitures are nearing completion to sharpen focus on insurance. Primary mortgage insurance in force reached a record $284 billion, while the Specialty segment's provision for losses included $169 million related to the Middle East conflict. The company repurchased $76 million of shares and paid $37 million in dividends during the quarter.
Key Highlights
- Total revenues grew 93% year-over-year to $575 million.
- Adjusted diluted net operating income per share was $1.14.
- Net premiums earned increased 116% year-over-year to $504 million.
- Specialty segment contributed 53% of net premiums earned.
- Primary mortgage insurance in force reached a record $284 billion.
- Repurchased $76 million of common stock during Q2 2026.
- Paid $37 million in common stock dividends during Q2 2026.
- Specialty segment provision for losses included $169 million for Middle East conflict.
Price Impact
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