RADIAN GROUP INC

For the period ended Dec 31, 2025. Filed Feb 20, 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 20, 2026

RDN$35.97-3.5%Stored close · as of Nov 6, 2026

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Contents

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data

INDEX TO ITEM 8. CONSOLIDATED FINANCIAL STATEMENTS	Page
Annual Financial Statements
Report of Independent Registered Public Accounting Firm—PricewaterhouseCoopers LLP (PCAOB ID 238)	107
Financial Statements as of December 2025 and 2024 and for the years ended December 31, 2025, 2024 and 2023
Consolidated Balance Sheets	109
Consolidated Statements of Operations	110
Consolidated Statements of Comprehensive Income	111
Consolidated Statements of Changes in Common Stockholders’ Equity	112
Consolidated Statements of Cash Flows	113
Notes to Consolidated Financial Statements
Note 1 - Description of Business	115
Note 2 - Significant Accounting Policies	116
Note 3 - Discontinued Operations	123
Note 4 - Net Income Per Share	126
Note 5 - Segment Reporting	126
Note 6 - Fair Value of Financial Instruments	128
Note 7 - Investments	133
Note 8 - Reinsurance	137
Note 9 - Other Assets and Liabilities	141
Note 10 - Income Taxes	141
Note 11 - Losses and LAE	144
Note 12 - Borrowings and Financing Activities	148
Note 13 - Commitments and Contingencies	150
Note 14 - Capital Stock	152
Note 15 - Accumulated Other Comprehensive Income (Loss)	153
Note 16 - Statutory Information	154
Note 17 - Share-Based Compensation and Other Benefit Programs	157
Note 18 - Selected Quarterly Financial Information (Unaudited)	161

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.