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Radian Group RDN Change in deferred policy acquisition costs

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Other financials

Income statement

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Revenue$466.3M+58.2%
Gross profit$290.1M+0.4%
Net income$124.1M-14.2%
EPS (diluted)$0.89-9.2%

Balance sheet

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Cash & equivalents$95.3M+236%
Total debt$1.3B+3,561%
Total equity$4.8B+4.8%
Total assets$10.7B+21.5%

Cash flow

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Operating cash flow$285.0M+320%
CapEx$749.0K-31.3%
Free cash flow$284.3M+326%

Valuation

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Market cap$4.61B-6.0%
Enterprise value$5.82B+18.9%
P/E8.2×0.0×
P/S3.4×-0.7×

Profitability

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Gross margin96.9%+0.1pp
Net margin41.1%-8.7pp
FCF margin24.3%+14.4pp

Returns & leverage

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Return on equity12%-1.3pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Radian Group in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

The official record: Radian Group’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Radian Group's change in deferred policy acquisition costs?
Radian Group (RDN) reported change in deferred policy acquisition costs of $2.31M in Q4 2025.
How has Radian Group's change in deferred policy acquisition costs changed year-over-year?
Radian Group's change in deferred policy acquisition costs increased by 437.3% year-over-year, from -$684K to $2.31M.
What is the long-term trend for Radian Group's change in deferred policy acquisition costs?
Over 4 years (2021 to 2025), Radian Group's change in deferred policy acquisition costs has grown at a -10.6% compound annual growth rate (CAGR), from -$1.99M to $1.27M.
What does change in deferred policy acquisition costs mean?
Represents the change in costs directly associated with acquiring new insurance policies that are capitalized and amortized over the life of the policy. This adjustment aligns expenses with the revenue recognition period of the insurance contracts. It provides insight into the company's investment in business growth and the timing of expense recognition.