Radian Q2 2026 revenue rises 93% to $575 million; GAAP EPS falls to $0.87
Radian Group reported second quarter 2026 results on August 5, 2026. Revenue rose to $575 million from $299 million a year earlier, with the Specialty segment, which includes the Inigo acquisition, contributing, but diluted earnings from continuing operations fell to $0.87 per share from $1.11. Adjusted diluted net operating income per share rose to $1.14 from $1.11, while Specialty losses included $169 million of provisions, including reserves tied to the Middle East conflict.
Key points
- Total revenues were $575 million versus $299 million a year earlier; net premiums earned were $504 million versus $234 million.
- Net income from continuing operations was $118 million, or $0.87 per diluted share, versus $154 million, or $1.11, in the second quarter of 2025.
- Adjusted diluted net operating income per share was $1.14 versus $1.11, and book value per share was $36.00 at June 30, 2026, versus $33.18 a year earlier.
- The Specialty segment recorded a $169 million provision for losses, including reserves for expected and potential claims related to the Middle East conflict.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.