| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 466.34 | 46.6% |
| Total Income | 466.34 | 46.6% |
| Expenditure | 292.67 | 125.7% |
| PBT | 173.66 | 7.8% |
| Net Profit | 124.09 | 14.2% |
| OPM | — | |
| NPM | 26.61% | 18.83pp |
| EPS | 0.90 | 9.1% |
Radian Announces Q1 2026 Financial Results; Diluted Net Income Per Share $0.93
07 May 2026 · 7 May, 8:16 pm
Summary
Radian Group Inc. reported net income from continuing operations for the quarter ended March 31, 2026, of $129 million, or $0.93 per diluted share, compared to $152 million, or $1.03 per diluted share, for the same quarter in 2025. Adjusted diluted net operating income per share for the quarter ended March 31, 2026, was $1.27 compared to $1.04 for the quarter ended March 31, 2025. Book value per share at March 31, 2026, was $35.67, representing a 10% growth year-over-year. The first quarter of 2026 includes $49 million of acquisition-related expenses related to the acquisition of Inigo.
Key Highlights
- 1
Radian completed the acquisition of Inigo, becoming a global multi-line specialty insurer.
- 2
First quarter diluted net income from continuing operations per share was $0.93.
- 3
Adjusted diluted net operating income per share for the first quarter was $1.27.
- 4
The company's first quarter return on equity from continuing operations was 10.8%.
- 5
Adjusted net operating return on equity was 14.7% for the first quarter.
- 6
Book value per share grew by 10% year-over-year to $35.67.
- 7
New Insurance Written of $13.5 billion, an increase of 42% year-over-year.
Management Comments
Rick Thornberry
“This quarter marks a defining milestone for Radian, our first as a global multi-line specialty insurer following the successful acquisition of Inigo. By uniting two world-class insurance businesses, we have created a more diversified and resilient enterprise, as reflected in our exceptional first quarter results." “With a strong capital position, 22% year-over-year growth in adjusted diluted net operating income per share and adjusted operating return on equity increasing to 14.7% in the quarter, we are demonstrating the power of our strategy. We are confident in our direction, energized by the opportunities ahead, and committed to delivering long-term value for our stockholders.”
Informational and educational content only. Not investment advice.