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MGIC Investment Corp. MTG Business Segments — Outside services

Similar metrics at other companies

ESN
ESNTMortgage Insurance — Other underwriting and operating expenses
$26.07M-7.4%
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RDNMortgage Insurance — Liabilities
$249.91M-19.9%
ESN
ESNTMortgage Insurance — Compensation and benefits
$16.62M-10.7%
ESN
ESNTMortgage Insurance — Revenue
$265.34M-0.1%
ESN
ESNTMortgage Insurance — Operating expenses after allocations
$37.61M-8.1%
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RDNMortgage Segment Operating — Operating Expenses
$20M-25.9%

Other financials

Income statement

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Revenue$297.1M-3.0%
Net income$165.3M-10.9%
EPS (diluted)$0.76+1.3%

Balance sheet

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Cash & equivalents$235.1M+13.6%
Total debt$155.0M
Total equity$5.0B-2.0%
Total assets$6.4B-1.8%

Cash flow

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Operating cash flow$76.9M-65.6%
CapEx$184.0K+47.2%
Free cash flow$76.7M-65.7%

Valuation

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Market cap$5.51B-6.1%

Profitability

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Net margin59.6%-3.9pp
FCF margin58.5%-3.5pp

Returns & leverage

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Return on equity14.1%-1.0pp
Debt / equity

Where this comes from

Reported directly by MGIC Investment Corp. in its filing.

Tagged under the XBRL concept mtg:OutsideServicesExpense.

The official record: MGIC Investment Corp.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGIC Investment Corp.'s business segments — outside services?
MGIC Investment Corp. (MTG) reported business segments — outside services of $6.42M in Q1 2026.
How has MGIC Investment Corp.'s business segments — outside services changed year-over-year?
MGIC Investment Corp.'s business segments — outside services decreased by 17.8% year-over-year, from $7.81M to $6.42M.
What is the long-term trend for MGIC Investment Corp.'s business segments — outside services?
Over 3 years (2022 to 2025), MGIC Investment Corp.'s business segments — outside services has grown at a -16.5% compound annual growth rate (CAGR), from $55.61M to $32.36M.
What does business segments — outside services mean?
Captures the costs associated with third-party vendors, consultants, and professional services engaged to support the mortgage insurance segment's operations. This includes expenses for outsourced technical support, legal services, or specialized risk management consulting required to maintain business continuity.