RADIAN GROUP INC
For the period ended Jun 30, 2026. Filed Aug 7, 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.
Jun 30, 2026 · Filed Aug 7, 2026
RDN$36.76+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations (Unaudited)
| Three Months EndedJune 30, · Six Months EndedJune 30, | |||||||
|---|---|---|---|---|---|---|---|
| (In thousands, except per-share amounts) | 2026 | 2025 | 2026 (1) | 2025 | |||
| Revenues | |||||||
| Net premiums earned (Note 8) | $503,712 | $233,526 | $906,240 | $467,570 | |||
| Net investment income (Note 7) | 74,696 | 61,672 | 144,394 | 122,682 | |||
| Net gains (losses) on financial instruments and foreign exchange (includes net realized gains (losses) on investments of $(8,068), $(2,055), $(11,316) and $(3,494)) (Note 7) | (5,789) | 1,851 | (14,668) | (150) | |||
| Other income | 2,340 | 1,502 | 5,330 | 3,284 | |||
| Total revenues | 574,959 | 298,551 | 1,041,296 | 593,386 | |||
| Expenses | |||||||
| Provision for losses (Note 11) | 194,945 | 11,954 | 302,878 | 27,294 | |||
| Amortization of deferred policy acquisition costs and VOBA | 90,503 | 7,205 | 152,572 | 13,593 | |||
| Other operating expenses | 110,586 | 69,178 | 208,755 | 127,086 | |||
| Interest expense (Note 12) | 22,312 | 17,428 | 42,906 | 33,917 | |||
| Amortization of other acquired intangible assets | 5,896 | — | 9,805 | — | |||
| Total expenses | 424,242 | 105,765 | 716,916 | 201,890 | |||
| Pretax income from continuing operations | 150,717 | 192,786 | 324,380 | 391,496 | |||
| Income tax provision | 32,489 | 38,301 | 76,686 | 84,921 | |||
| Net income from continuing operations | 118,228 | 154,485 | 247,694 | 306,575 | |||
| Income (loss) from discontinued operations, net of tax | (2,314) | (12,689) | (7,687) | (20,221) | |||
| Net income | $115,914 | $141,796 | $240,007 | $286,354 | |||
| Net income per share | |||||||
| Basic | |||||||
| Net income from continuing operations | $0.87 | $1.12 | $1.81 | $2.16 | |||
| Income (loss) from discontinued operations, net of tax | (0.02) | (0.09) | (0.06) | (0.14) | |||
| Basic net income per share | $0.85 | $1.03 | $1.75 | $2.02 | |||
| Diluted | |||||||
| Net income from continuing operations | $0.87 | $1.11 | $1.80 | $2.14 | |||
| Income (loss) from discontinued operations, net of tax | (0.02) | (0.09) | (0.06) | (0.14) | |||
| Diluted net income per share | $0.85 | $1.02 | $1.74 | $2.00 | |||
| Weighted average number of common shares outstanding—basic | 135,355 | 137,376 | 136,591 | 141,910 | |||
| Weighted average number of common and common equivalent shares outstanding—diluted | 136,283 | 138,360 | 137,550 | 143,012 | |||
(1)
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)
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