What does specialty segment operating — depreciation mean?

This represents the non-cash expense allocated to the specialty segment for the wear and tear of tangible assets and the amortization of intangible assets. It is essential for calculating the segment's true operating cash flow and capital intensity.

Radian Group (RDN) Specialty Segment Operating — Depreciation

Screener

Other segment segments

Mortgage Segment Operating

$1.8M—

Similar metrics at other companies

SUNBSpecialty — Depreciation

$141M+6.0%

HFFGOperating Segment — Depreciation

$3.58M+23.9%

APGSpecialty Services — Depreciation

$10M-9.1%

ASHSpecialty Additives — Depreciation

$13M-61.8%

SOL

SOLSElectronic & Specialty Materials — Depreciation

$14M+16.7%

MIDDCorporate Segment and Other Operating Segment — Depreciation

$551K-33.2%

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/E9×+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:Depreciation.

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

($ in thousands)	Three Months Ended June 30, 2026 / Mortgage	Three Months Ended June 30, 2026 / Specialty	Three Months Ended June 30, 2026 / Total	Six Months Ended June 30, 2026 / Mortgage	Six Months Ended June 30, 2026 / Specialty (1)	Six Months Ended June 30, 2026 / Total
Other operating expenses (4)
Salaries and share-based employee expenses	37,221	15,927	53,148	67,232	25,964	93,196
Other non-employee operating expenses	17,931	22,510	40,441	35,060	36,954	72,014
Depreciation expense	1,803	605	2,408	3,605	1,009	4,614
Ceding commissions (3)	(8,608)	—	(8,608)	(16,827)	—	(16,827)
Total other operating expenses	48,347	39,042	87,389	89,070	63,927	152,997
Interest expense	754	3,533	4,287	1,224	5,823	7,047
Adjusted pretax operating income	$207,821	$28,596	236,417	$428,620	$68,665	497,285

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's specialty segment operating — depreciation?: Radian Group (RDN) reported specialty segment operating — depreciation of $605K in Q2 2026.
What does specialty segment operating — depreciation mean?: This represents the non-cash expense allocated to the specialty segment for the wear and tear of tangible assets and the amortization of intangible assets. It is essential for calculating the segment's true operating cash flow and capital intensity.