MGIC INVESTMENT CORP

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

MTG$28.50-0.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Financial Statements and Supplementary Data

The following consolidated financial statements are filed pursuant to this Item 8:

Index to Consolidated Financial Statements
	Page
Consolidated Balance Sheets at December 31, 2025 and 2024	78
Consolidated Statements of Operations for each of the three years in the period ended December 31, 2025	79
Consolidated Statements of Comprehensive Income for each of the three years in the period ended December 31, 2025	80
Consolidated Statements of Shareholders' Equity for each of the three years in the period ended December 31, 2025	81
Consolidated Statements of Cash Flows for each of the three years in the period ended December 31, 2025	82
Notes to Consolidated Financial Statements	83
Note 1. Nature of Business and Basis of Presentation	83
Note 2. Significant Accounting Policies	84
Note 3. Debt	89
Note 4. Earnings Per Share	90
Note 5. Investments	91
Note 6. Fair Value Measurements	95
Note 7. Reinsurance	98
Note 8. Loss Reserves	103
Note 9. Other Comprehensive Income (Loss)	105
Note 10. Benefit Plans	106
Note 11. Shareholders' Equity	111
Note 12. Share-based Compensation Plans	111
Note 13. Statutory Information	112
Note 14. Segment Reporting	114
Note 15. Litigation and Contingencies	114
Note 16. Income Taxes	115
Report of Independent Registered Public Accounting Firm (Auditor Firm ID: 238)	117

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.