RADIAN GROUP INC
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
RDN$35.97-3.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Operations
| Years Ended December 31, | |||
|---|---|---|---|
| (In thousands) | 2025 | 2024 | 2023 |
| Revenues | |||
| Net investment income | $48,610 | $63,021 | $55,370 |
| Net gains (losses) on investments and other financial instruments | (4,530) | 9,651 | (5,844) |
| Other income | 4,686 | — | — |
| Total revenues | 48,766 | 72,672 | 49,526 |
| Expenses | |||
| Other operating expenses | 19,203 | 8,825 | 5,025 |
| Interest expense | 513 | 4,275 | — |
| Total expenses (Note B) | 19,716 | 13,100 | 5,025 |
| Pretax income | 29,050 | 59,572 | 44,501 |
| Income tax provision | 10,356 | 17,602 | 12,479 |
| Equity in net income of affiliates | 599,485 | 618,345 | 643,838 |
| Net income from continuing operations | 618,179 | 660,315 | 675,860 |
| Equity in net loss of affiliates held for sale | (35,539) | (55,875) | (72,741) |
| Net income | 582,640 | 604,440 | 603,119 |
| Other comprehensive income (loss), net of tax (1) | 128,079 | (19,387) | 125,948 |
| Comprehensive income | $710,719 | $585,053 | $729,067 |
(1)
Includes$288 thousand. $153 thousand and$128 thousand related to discontinued operations for the years ended December 31, 2025, 2024 and 2023, respectively.
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