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Radian Group RDN Mortgage Segment Operating — Operating Expenses

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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:OperatingExpenses.

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

For the three and six months ended June 30, 2025, includes $32 million and $59 million, respectively, of allocated holding company operating expenses, representing estimated time spent directly supporting the Mortgage business.

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's mortgage segment operating — operating expenses?
Radian Group (RDN) reported mortgage segment operating — operating expenses of $31M in Q2 2026.
What does mortgage segment operating — operating expenses mean?
This metric captures the total costs associated with running the mortgage insurance operations, including personnel, technology, and administrative overhead. It excludes claims and interest expenses to focus on the cost of business operations. Analyzing this helps investors assess the company's ability to scale its mortgage business while controlling fixed and variable costs.

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