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Radian Group RDN Primary Mortgage Product — New Primary Defaults

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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$4.93B+5.3%
Enterprise value$6.04B+28.9%
P/E9.2×+1.2×
P/S-0.9×

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 rdn:NewPrimaryDefaults.

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

New primary default notices totaled 25,957 for the six months ended June 30, 2026, compared to 23,972 for the six months ended June 30, 2025, representing an increase of 8%.

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's primary mortgage product — new primary defaults?
Radian Group (RDN) reported primary mortgage product — new primary defaults of 12.4K in Q2 2026.
How has Radian Group's primary mortgage product — new primary defaults changed year-over-year?
Radian Group's primary mortgage product — new primary defaults increased by 7.9% year-over-year, from 11.5K to 12.4K.
What is the long-term trend for Radian Group's primary mortgage product — new primary defaults?
Over 4 years (2021 to 2025), Radian Group's primary mortgage product — new primary defaults has grown at a 8.3% compound annual growth rate (CAGR), from 37.5K to 51.6K.
What does primary mortgage product — new primary defaults mean?
This metric represents the total count of new mortgage loans within the primary insurance portfolio that have entered a default status during the reporting period. It serves as a key indicator of credit quality and potential future claim activity for the mortgage insurance segment.

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