Business
Radian Announces Second Quarter 2026 Financial Results
Radian Announces Second Quarter 2026 Financial

About this update from Radian Group Inc.
[{"type":"text","content":"\nRadian Group Inc. (NYSE: RDN) today reported net income from continuing operations of $118 million, or $0.87 per diluted share, for the quarter ended June 30, 2026. This compares with net income from continuing operations of $154 million, or $1.11 per diluted share for the quarter ended June 30, 2025.\n\n\nPretax income from continuing operations for the quarter ended June 30, 2026, was $151 million compared to $193 million for the quarter ended June 30, 2025. The results for the second quarter of 2026 include $39 million of purchase accounting adjustments, amortization of acquired intangible assets and acquisition-related expenses related to the company’s acquisition of Inigo.\n\n\nAdjusted pretax operating income for the quarter ended June 30, 2026, was $196 million compared to $191 million for the quarter ended June 30, 2025. Adjusted diluted net operating income per share for the quarter ended June 30, 2026, was $1.14 compared to $1.11 for the quarter ended June 30, 2025.\n\n\nKey Financial Highlights\n \n\n\nQuarter ended\n($ in millions, except per-share amounts)\n\n\n \n\n\nJune 30,\n2026\n \n\n\nMarch 31,\n2026 (1)\n \n\n\nJune 30,\n2025\nConsolidated\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nTotal revenues\n\n\n \n\n\n$575\n\n\n \n\n\n$466\n\n\n \n\n\n$299\n\n\nNet premiums earned\n\n\n \n\n\n$504\n\n\n \n\n\n$403\n\n\n \n\n\n$234\n\n\nNet investment income\n\n\n \n\n\n$75\n\n\n \n\n\n$70\n\n\n \n\n\n$62\n\n\nNet income\n\n\n \n\n\n$116\n\n\n \n\n\n$124\n\n\n \n\n\n$142\n\n\nNet income from continuing operations\n\n\n \n\n\n$118\n\n\n \n\n\n$129\n\n\n \n\n\n$154\n\n\nDiluted net income from continuing operations per share\n\n\n \n\n\n$0.87\n\n\n \n\n\n$0.93\n\n\n \n\n\n$1.11\n\n\nPretax income from continuing operations\n\n\n \n\n\n$151\n\n\n \n\n\n$174\n\n\n \n\n\n$193\n\n\nAdjusted pretax operating income (2)\n \n\n\n$196\n\n\n \n\n\n$232\n\n\n \n\n\n$191\n\n\nAdjusted diluted net operating income per share (2)\n \n\n\n$1.14\n\n\n \n\n\n$1.27\n\n\n \n\n\n$1.11\n\n\nReturn on equity from continuing operations\n\n\n \n\n\n9.8%\n\n\n \n\n\n10.8%\n\n\n \n\n\n13.6%\n\n\nAdjusted net operating return on equity (2)\n \n\...