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Radian Group RDN Mortgage Insurance — Direct Premiums Earned

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Other financials

Income statement

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Revenue$575.0M+92.6%
Gross profit$290.1M+0.4%
Net income$115.9M-18.3%
EPS (diluted)$0.85-16.7%

Balance sheet

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Cash & equivalents$156.6M+606%
Total debt$1.3B+3,644%
Total equity$4.8B+7.0%
Total assets$10.7B+11.2%

Cash flow

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Operating cash flow$342.9M+148%
CapEx$225.0K-81.2%
Free cash flow$342.7M+148%

Valuation

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Market cap$4.82B+6.4%
Enterprise value$5.93B+30.5%
P/E+1.3×
P/S2.9×-0.8×

Profitability

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Gross margin96.9%+0.1pp
Net margin32.6%-16.3pp
FCF margin84.5%+55.2pp

Returns & leverage

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Return on equity11.5%-1.5pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Radian Group in its filing.

Tagged under the XBRL concept us-gaap:DirectPremiumsEarned.

The source filing: Radian Group’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340290
Line itemNet Premiums Written / Three Months Ended June 30,Net Premiums Written / Six Months Ended June 30,Net Premiums Earned / Three Months Ended June 30,Net Premiums Earned / Six Months Ended June 30,
(In thousands)2025202520252025
Direct
Mortgage$$255,014$$507,518$$262,044$$523,955
SpecialtyN/AN/AN/AN/A
Total direct255,014507,518262,044523,955
Assumed
SpecialtyN/AN/AN/AN/A
Total assumedN/AN/AN/AN/A

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's mortgage insurance — direct premiums earned?
Radian Group (RDN) reported mortgage insurance — direct premiums earned of $269.54M in Q2 2026.
How has Radian Group's mortgage insurance — direct premiums earned changed year-over-year?
Radian Group's mortgage insurance — direct premiums earned increased by 2.9% year-over-year, from $262.04M to $269.54M.
What is the long-term trend for Radian Group's mortgage insurance — direct premiums earned?
Over 3 years (2021 to 2024), Radian Group's mortgage insurance — direct premiums earned has grown at a -1.7% compound annual growth rate (CAGR), from $1.1B to $1.05B.
What does mortgage insurance — direct premiums earned mean?
This metric represents the portion of direct premiums written that has been recognized as revenue over the policy coverage period. It provides a more accurate view of the company's actual insurance revenue generation compared to premiums written, which may be recognized over time. It is a fundamental measure of the company's core operational revenue stream.

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