MGIC INVESTMENT CORP

For the period ended Mar 31, 2026. Filed Apr 29, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 29, 2026

MTG$28.17-1.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations

MGIC Investment Corporation and Subsidiaries
Consolidated Statements of Operations (Unaudited)
	Three Months Ended March 31,
(In thousands, except per share data)	Note	2026	2025
Revenues:
Premiums written:
Direct		$286,522	$276,471
Assumed		3,965	3,538
Ceded	7	(55,544)	(44,663)
Net premiums written		234,943	235,346
Decrease in unearned premiums, net		420	8,373
Net premiums earned	7	235,363	243,719
Investment income, net of expenses		61,742	61,443
Net gains (losses) on investments and other financial instruments	5	(169)	741
Other revenue		141	331
Total Revenues		297,077	306,234
Losses and Expenses:
Losses incurred, net	8	33,242	9,591
Amortization of deferred insurance policy acquisition costs		1,224	1,657
Other underwriting and operating expenses, net	14	46,884	51,406
Interest expense		8,899	8,899
Total Losses and Expenses		90,249	71,553
Income before tax		206,828	234,681
Provision for income tax		41,525	49,221
Net Income		$165,303	$185,460
Earnings per share:
Basic	4	$0.76	$0.76
Diluted	4	$0.76	$0.75
Weighted average common shares outstanding - basic	4	216,135	244,147
Weighted average common shares outstanding - diluted	4	218,186	246,490

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.