Radian Group financials
$32.75−0.76%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY10 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.21B | $1.18B | $1.19B | $1.33B | $1.44B | $1.53B | $1.27B | $1.22B | $1.24B |
| Gross profit | $1.11B | $1.18B | $1.19B | $1.51B | $1.28B | $922.5M | $1.37B | $1.14B | $1.06B | $1.21B |
| Gross margin | 92.3% | 97.9% | 101.5% | 126.4% | 96.2% | 64.1% | 89.7% | 89.8% | 86.9% | 98.1% |
| Operating income | $859.5M | $933.6M | $950.1M | $1.04B | $849.2M | $550.6M | $905.3M | $745.7M | $461.0M | $564.8M |
| Net income | $582.6M | $604.4M | $603.1M | $742.9M | $600.7M | $393.6M | $672.3M | $606.0M | $121.1M | $308.3M |
| Net margin | 48.7% | 50.1% | 51.2% | 62.4% | 45.2% | 27.4% | 44.0% | 47.6% | 9.9% | 24.9% |
| Diluted EPS | $4.14 | $3.92 | $3.77 | $4.35 | $3.16 | $2.00 | $3.20 | $2.77 | $0.55 | $1.37 |
| EBITDA | $906.0M | $995.4M | $1.01B | $1.11B | $924.6M | $550.6M | $1.01B | $820.8M | $748.3M | $710.9M |
| Operating cash flow | $119.9M | -$663.6M | $529.4M | $388.3M | $607.6M | $658.4M | $694.4M | $677.8M | $230.2M | $223.7M |
| Free cash flow | $115.7M | -$665.1M | $520.9M | $370.6M | $595.0M | $641.4M | $666.8M | $651.8M | $201.5M | $188.2M |
| Diluted shares | 140.8M | 154.2M | 160.1M | 170.7M | 190.3M | 196.6M | 210.3M | 218.6M | 220.4M | 229.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $24.8M | $19.2M | $19.0M | $56.2M | $151.1M | $87.9M |
| Short-term investments | $10.0K | $30.0K | $1.1M | $377.0K | $1.5M | $6.2M |
| Total debt | $1.11B | $1.07B | $1.54B | $1.57B | $1.56B | $1.58B |
| Total assets | $8.12B | $8.69B | $7.59B | $7.06B | $7.84B | $7.95B |
| Total liabilities | $3.34B | $4.07B | $3.20B | $3.14B | $3.58B | $3.66B |
| Shareholders' equity | $4.78B | $4.62B | $4.40B | $3.92B | $4.26B | $4.28B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology