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MGIC Investment Corp. MTG Business Segments — Depreciation expense
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Where this comes from
Reported directly by MGIC Investment Corp. in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
The source filing: MGIC Investment Corp.’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000876437-26-000028
| Significant Segment Expenses | Significant Segment Expenses | Significant Segment Expenses | Significant Segment Expenses | Significant Segment Expenses | ||||
|---|---|---|---|---|---|---|---|---|
| (In thousands) | 2026 | 2025 | 2026 | 2025 | ||||
| Other underwriting and operating expenses net: | ||||||||
| Employee costs | $ | $34,776 | $ | $36,351 | $ | $71,208 | $ | $73,311 |
| Outside services (1) | 8,004 | 8,713 | 14,424 | 16,524 | ||||
| Premium taxes (2) | 5,423 | 5,237 | 10,926 | 10,647 | ||||
| Depreciation expense | 715 | 941 | 1,406 | 1,884 | ||||
| All other underwriting and operating (3) | (4,640) | (888) | (6,802) | (606) | ||||
| Total other underwriting and operating expenses net | $ | $44,278 | $ | $50,354 | $ | $91,162 | $ | $101,760 |
Item 1. Financial Statements
FAQ
- What is MGIC Investment Corp.'s business segments — depreciation expense?
- MGIC Investment Corp. (MTG) reported business segments — depreciation expense of $715K in Q2 2026.
- How has MGIC Investment Corp.'s business segments — depreciation expense changed year-over-year?
- MGIC Investment Corp.'s business segments — depreciation expense decreased by 24.0% year-over-year, from $941K to $715K.
- What is the long-term trend for MGIC Investment Corp.'s business segments — depreciation expense?
- Over 3 years (2022 to 2025), MGIC Investment Corp.'s business segments — depreciation expense has grown at a -13.0% compound annual growth rate (CAGR), from $4.94M to $3.25M.
- What does business segments — depreciation expense mean?
- Represents the systematic allocation of the cost of tangible and intangible assets used specifically within the mortgage insurance segment over their useful lives. This non-cash expense reflects the capital intensity of the infrastructure and technology platforms supporting the insurance underwriting process.
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