| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 303.19 | 4.7% | 9.2% |
| Total Income | 303.19 | 4.7% | 9.2% |
| Expenditure | 104.49 | 26.9% | 24.5% |
| PBT | 198.69 | 13.5% | 1.7% |
| Net Profit | 141.44 | 0.3% | 6.9% |
| OPM | — | ||
| NPM | 46.65% | 2.06pp | 1.16pp |
| EPS | 1.04 | 1.0% | 4.0% |
Radian Group Reports Q3 2025 Net Income $141 Million
04 May 2026 · 4 May, 8:10 am
Summary
Radian Group Inc. reported diluted net income from continuing operations for the quarter ended September 30, 2025, of $153 million, or $1.11 per share. This compares with $167 million, or $1.09 per share, for the quarter ended September 30, 2024. The company is on track to acquire Inigo, a specialty insurer, for $1.7 billion. Radian also announced a divestiture plan for its Mortgage Conduit, Title and Real Estate Services businesses. Book value per share grew 9% year-over-year to $34.34.
Key Highlights
- 1
Radian Group's third quarter net income from continuing operations was $153 million, or $1.11 per diluted share.
- 2
Book value per share grew by 9% year-over-year to $34.34.
- 3
Primary mortgage insurance in force grew to an all-time high of $281 billion.
- 4
The company paid a $200 million ordinary dividend from Radian Guaranty to the holding company during the third quarter.
- 5
Mortgage insurance new insurance written was $15.5 billion in the third quarter of 2025.
- 6
Total primary mortgage insurance in force reached $280.6 billion as of September 30, 2025.
Management Comments
Rick Thornberry
“We delivered excellent financial results during the quarter and announced our plans to strategically transform Radian into a global, multi-line specialty insurer." “Our results demonstrate the strength and consistency of our business, driven by a high-quality mortgage insurance portfolio, disciplined capital management, and deep customer relationships.” “The acquisition of Inigo, a highly profitable specialty insurer, is expected to significantly expand our total addressable market, create meaningful capital synergies, and enhance our ability to allocate our capital where we see the greatest opportunity for economic value and profitable growth. As we look to the future, we are excited about what both teams can accomplish together.”
Informational and educational content only. Not investment advice.