Radian Group Inc. (RDN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 466.34M | 301M | 310.74M | 317.82M | 317.69M | 316.7M | 319.66M | 321.15M | 319.42M | 326.02M | 312.51M | 289.58M | 309.85M | 314.72M | 296.19M | 286.83M | 292.98M | 338.37M | 325.76M | 336.39M |
| Revenue Growth % | 46.79% | -4.96% | -2.79% | -1.04% | -0.54% | -2.86% | 2.29% | 10.9% | 3.09% | 3.59% | 5.51% | 0.96% | 5.76% | -6.99% | -9.08% | -14.73% | -10.9% | -8.52% | -13.19% | -7.7% |
| Medical Costs & Claims | 107.93M | 13M | 25.05M | 27.72M | 30.33M | 16.52M | 22.61M | 14.31M | 9.09M | 19.27M | 7.67M | -6.16M | -238K | -21.54M | -72.81M | -85.22M | -52.4M | -10.62M | 55.75M | 33.1M |
| Medical Cost Ratio % | 23.14% | 4.32% | 8.06% | 8.72% | 9.55% | 5.22% | 7.07% | 4.46% | 2.84% | 5.91% | 2.45% | -2.13% | -0.08% | -6.84% | -24.58% | -29.71% | -17.88% | -3.14% | 17.11% | 9.84% |
| Gross Profit | 358.4M | 288M | 285.69M | 290.1M | 287.36M | 300.18M | 297.04M | 306.83M | 310.33M | 306.75M | 304.84M | 295.74M | 310.09M | 336.26M | 368.99M | 372.06M | 345.38M | 348.98M | 270.01M | 303.29M |
| Gross Margin % | 76.86% | 95.68% | 91.94% | 91.28% | 90.45% | 94.78% | 92.93% | 95.54% | 97.16% | 94.09% | 97.55% | 102.13% | 100.08% | 106.84% | 124.58% | 129.71% | 117.88% | 103.14% | 82.89% | 90.16% |
| Gross Profit Growth % | 24.72% | -4.06% | -3.82% | -5.45% | -7.4% | -2.14% | -2.56% | 3.75% | 0.08% | -8.78% | -17.39% | -20.51% | -10.22% | -3.64% | 36.66% | 22.68% | 36.28% | 22.79% | 6.88% | 741.62% |
| Operating Expenses | 184.74M | 86.5M | 87M | 115.09M | 98.92M | 111.05M | 82.74M | 118.71M | 111.68M | 126.94M | 103.86M | 113.06M | 106.08M | 132.97M | 113.53M | 112.17M | 111.24M | 102.48M | 108.37M | 107.79M |
| OpEx / Revenue % | 39.62% | 28.74% | 28% | 36.21% | 31.14% | 35.07% | 25.88% | 36.97% | 34.96% | 38.94% | 33.23% | 39.04% | 34.24% | 42.25% | 38.33% | 39.11% | 37.97% | 30.29% | 33.27% | 32.04% |
| Depreciation & Amortization | 0 | 0 | 2.58M | 26.72M | 14.38M | 25.73M | 12.32M | 19.91M | 14.36M | 1.37M | 14.75M | 1.37M | 1.37M | 1.59M | 1.02M | 849K | 849K | 863K | 862K | 863K |
| Combined Ratio % | 62.76% | 33.06% | 36.06% | 44.93% | 40.68% | 40.28% | 32.96% | 41.42% | 37.81% | 44.85% | 35.69% | 36.92% | 34.16% | 35.4% | 13.75% | 9.4% | 20.08% | 27.15% | 50.38% | 41.88% |
| Operating Income | 173.66M | 201M | 198.69M | 175.01M | 188.44M | 189.13M | 214.31M | 188.12M | 198.65M | 179.82M | 200.98M | 182.68M | 204.01M | 203.3M | 255.46M | 259.88M | 234.14M | 246.51M | 161.64M | 195.5M |
| Operating Margin % | 37.24% | 66.78% | 63.94% | 55.07% | 59.32% | 59.72% | 67.04% | 58.58% | 62.19% | 55.15% | 64.31% | 63.08% | 65.84% | 64.6% | 86.25% | 90.6% | 79.92% | 72.85% | 49.62% | 58.12% |
| Operating Income Growth % | -7.84% | 6.28% | -7.28% | -6.97% | -5.14% | 5.18% | 6.63% | 2.98% | -2.63% | -11.55% | -21.33% | -29.71% | -12.87% | -17.53% | 58.04% | 32.93% | 45.26% | 37.58% | 0.27% | 563% |
| EBITDA | 194.26M | 201M | 201.27M | 201.74M | 202.82M | 214.85M | 226.63M | 208.03M | 213.01M | 181.19M | 215.74M | 184.05M | 205.38M | 204.88M | 256.48M | 260.73M | 234.99M | 247.37M | 162.5M | 196.36M |
| EBITDA Margin % | 41.66% | 66.78% | 64.77% | 63.48% | 63.84% | 67.84% | 70.9% | 64.78% | 66.69% | 55.58% | 69.03% | 63.56% | 66.28% | 65.1% | 86.59% | 90.9% | 80.21% | 73.11% | 49.88% | 58.37% |
| Interest Expense | 20.59M | 0 | 17.18M | 25.87M | 22.5M | 22.51M | 21.89M | 27.06M | 24.77M | 20.55M | 23.28M | 21.8M | 21.44M | 21.59M | 21.18M | 20.83M | 20.85M | 21.14M | 21.03M | 21.07M |
| Non-Operating Income | -20.59M | 0 | -17.18M | -25.87M | -22.5M | -22.51M | -21.89M | -27.06M | -24.77M | -20.55M | -23.28M | -21.8M | -21.44M | -21.59M | -21.18M | -20.83M | -20.85M | -21.14M | -21.03M | -21.07M |
| Pretax Income | 173.66M | 201M | 198.69M | 175.01M | 188.44M | 189.13M | 214.31M | 188.12M | 198.65M | 179.82M | 200.98M | 182.68M | 204.01M | 203.3M | 255.46M | 259.88M | 234.14M | 246.51M | 161.64M | 195.5M |
| Pretax Margin % | 37.24% | 66.78% | 63.94% | 55.07% | 59.32% | 59.72% | 67.04% | 58.58% | 62.19% | 55.15% | 64.31% | 63.08% | 65.84% | 64.6% | 86.25% | 90.6% | 79.92% | 72.85% | 49.62% | 58.12% |
| Income Tax | 44.2M | 42M | 45.89M | 33.22M | 43.88M | 40.84M | 47.75M | 36.22M | 46.3M | 37.12M | 44.4M | 36.59M | 46.25M | 40.97M | 57.18M | 58.69M | 53.01M | 53.06M | 35.23M | 40.29M |
| Effective Tax Rate % | 25.45% | 20.9% | 23.1% | 18.98% | 23.29% | 21.59% | 22.28% | 19.25% | 23.3% | 20.65% | 22.09% | 20.03% | 22.67% | 20.15% | 22.38% | 22.58% | 22.64% | 21.53% | 21.79% | 20.61% |
| Net Income | 124.09M | 155M | 141.44M | 141.8M | 144.56M | 148.29M | 151.89M | 151.9M | 152.35M | 142.69M | 156.58M | 146.09M | 157.76M | 162.33M | 198.28M | 201.19M | 181.13M | 193.44M | 126.41M | 155.21M |
| Net Margin % | 26.61% | 51.5% | 45.52% | 44.62% | 45.5% | 46.82% | 47.52% | 47.3% | 47.7% | 43.77% | 50.1% | 50.45% | 50.91% | 51.58% | 66.94% | 70.14% | 61.82% | 57.17% | 38.81% | 46.14% |
| Net Income Growth % | -14.16% | 4.52% | -6.88% | -6.65% | -5.12% | 3.92% | -3% | 3.98% | -3.42% | -12.1% | -21.03% | -27.39% | -12.9% | -16.08% | 56.85% | 29.63% | 44.2% | 30.69% | -6.43% | 618.2% |
| EPS (Diluted) | 0.90 | 1.15 | 1.03 | 1.02 | 0.98 | 0.98 | 0.99 | 0.98 | 0.98 | 0.91 | 0.98 | 0.91 | 0.98 | 1.01 | 1.20 | 1.15 | 1.01 | 1.07 | 0.67 | 0.80 |
| EPS Growth % | -8.16% | 17.35% | 4.04% | 4.08% | 0% | 7.69% | 1.02% | 7.69% | 0% | -9.9% | -18.33% | -20.87% | -2.97% | -5.61% | 79.1% | 43.75% | 57.81% | 40.79% | -4.29% | 633.33% |
| EPS (Basic) | 0.91 | 1.15 | 1.04 | 1.03 | 0.99 | 0.99 | 1.00 | 0.99 | 0.99 | 0.92 | 0.99 | 0.92 | 1.00 | 1.03 | 1.22 | 1.16 | 1.02 | 1.08 | 0.68 | 0.80 |
| Diluted Shares Outstanding | 138.49M | 138M | 137.93M | 138.36M | 147.73M | 151.91M | 153.07M | 154.4M | 155.97M | 157.23M | 160.15M | 160.74M | 161.35M | 160.81M | 164.74M | 175.42M | 179.08M | 181.13M | 188.04M | 194.64M |