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MGIC Investment Corp. MTG Business Segments — Employee costs
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Where this comes from
Reported directly by MGIC Investment Corp. in its filing.
Tagged under the XBRL concept us-gaap:CompensationExpenseExcludingCostOfGoodAndServiceSold.
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 | ||||
|---|---|---|---|---|---|---|---|---|
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||
| (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) |
Item 1. Financial Statements
FAQ
- What is MGIC Investment Corp.'s business segments — employee costs?
- MGIC Investment Corp. (MTG) reported business segments — employee costs of $34.78M in Q2 2026.
- How has MGIC Investment Corp.'s business segments — employee costs changed year-over-year?
- MGIC Investment Corp.'s business segments — employee costs decreased by 4.3% year-over-year, from $36.35M to $34.78M.
- What is the long-term trend for MGIC Investment Corp.'s business segments — employee costs?
- Over 3 years (2022 to 2025), MGIC Investment Corp.'s business segments — employee costs has grown at a -5.6% compound annual growth rate (CAGR), from $170.91M to $143.73M.
- What does business segments — employee costs mean?
- Represents the total compensation, benefits, and payroll-related expenses incurred by the mortgage insurance segment. This metric reflects the human capital investment required to manage underwriting, risk assessment, and customer service operations within the mortgage insurance business.
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