Radian Q2 FY26 net income from continuing operations drops 23.38% to $118 million; revenue rises 92.31% to $575 million

Reuters2026/08/05 22:17

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Radian posted Q2 net income from continuing operations of $118 million, or $0.87 per share, down from $154 million, or $1.11, a year earlier.
Revenue more than doubled year over year to $575 million, while net premiums earned more than doubled to $504 million; Specialty represented 53% of net premiums.
Pretax income from continuing operations fell to $151 million from $193 million, including $39 million tied to Inigo acquisition accounting and related costs.
Primary mortgage insurance in force rose 3% from a year earlier to a record $284 billion, while the default rate eased to 2.47% from 2.51% in Q1.
Radian repurchased $76 million of shares and paid $37 million in dividends; CEO Rick Thornberry cited momentum in its transformation into a multi-line specialty insurer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radian Group Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Radian Q2 FY26 net income from continuing operations drops 23.38% to $118 million; revenue rises 92.31% to $575 million

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