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Radian Group RDN Specialty — Goodwill

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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:Goodwill.

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

Goodwill. Goodwill represents the excess of the consideration transferred over the estimated fair value of the identifiable net assets acquired. The goodwill recognized reflects future growth opportunities and the assembled workforce of Inigo, which do not qualify as separately identifiable intangible assets under ASC 805. Goodwill is not amortized and is tested for impairment annually, or more frequently if indicators of impairment arise. The purchase price was allocated to Inigo’s assets acquired and liabilities assumed based on estimated fair values at the Closing Date, and the Company recognized goodwill of $5 million related to the Specialty segment.

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's specialty — goodwill?
Radian Group (RDN) reported specialty — goodwill of $5M in Q1 2026.
What does specialty — goodwill mean?
This metric represents the carrying value of goodwill specifically attributed to the Specialty business segment, reflecting the excess of the purchase price over the fair value of net identifiable assets acquired in business combinations within this division. It serves as an indicator of the premium paid for intangible assets such as brand reputation, customer relationships, and specialized market expertise unique to the Specialty operations. Investors monitor this balance to assess potential impairment risks and the historical success of acquisition strategies within the segment.

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