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MGIC Investment Corp. MTG Business Segments — Outside services
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Where this comes from
Reported directly by MGIC Investment Corp. in its filing.
Tagged under the XBRL concept mtg:OutsideServicesExpense.
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 — outside services?
- MGIC Investment Corp. (MTG) reported business segments — outside services of $8M in Q2 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 8.1% year-over-year, from $8.71M to $8M.
- 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.
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