| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 574.96 | 23.3% | 80.8% |
| Total Income | 574.96 | 23.3% | 80.8% |
| Expenditure | 424.24 | 45.0% | 196.7% |
| PBT | 150.72 | 13.2% | 13.9% |
| Net Profit | 115.91 | 6.6% | 18.3% |
| OPM | — | ||
| NPM | 20.16% | 6.45pp | 24.43pp |
| EPS | 0.85 | 5.6% | 17.5% |
Radian Group Inc. Announces Second Quarter 2026 Financial Results
06 Aug 2026 · 6 Aug, 5:34 pm
Summary
Radian Group Inc. reported strong second quarter 2026 results, with revenue growing 93% year over year to $575 million. Net income from continuing operations was $118 million, or $0.87 per diluted share, compared to $154 million, or $1.11 per diluted share, in the prior year quarter. Adjusted pretax operating income was $196 million, a slight increase from $191 million in the second quarter of 2025. Management highlighted the momentum of their transformation strategy and the positive impact of the Inigo acquisition, alongside strategic divestitures to sharpen focus on insurance.
Key Highlights
- 1
Second quarter revenue grew 93% year over year to $575 million.
- 2
Net premiums earned increased to $504 million for the second quarter.
- 3
Net investment income for the second quarter was $75 million.
- 4
Net income from continuing operations was $118 million, or $0.87 per diluted share, for the second quarter of 2026.
- 5
Adjusted pretax operating income for the quarter ended June 30, 2026, was $196 million.
- 6
Primary mortgage insurance in force reached a record $284 billion.
- 7
The company repurchased $76 million of shares and paid $37 million of dividends to stockholders during the second quarter.
Management Comments
Rick Thornberry
Radian delivered strong second quarter results as we benefit from our transformation into a global multi-line specialty insurer. Our Mortgage and Specialty Insurance businesses together generated 93% revenue growth and 116% increase in net earned premiums year over year, demonstrating the strength and diversification of our insurance platform. At the same time, our recently announced divestitures further simplify our portfolio and deepen our focus on insurance. With these actions, coupled with a seamless leadership transition, Radian is well-positioned to capitalize on future opportunities and deliver value for stockholders.
Informational and educational content only. Not investment advice.