MTG · XBRL financial data

MGIC Investment financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MTG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,199	1,186	1,173	1,155	1,208	1,214
Interest expense	60	71	48	37	36	36
Income tax expense (benefit)	113	167	225	189	206	190
Net income (loss)	446	635	865	713	763	738
Earnings per share, basic USD per share	1.31	1.90	2.83	2.51	2.92	3.17
Earnings per share, diluted USD per share	1.29	1.85	2.79	2.49	2.89	3.14
Weighted average shares, basic millions of shares	340	334	306	284	262	233
Weighted average shares, diluted millions of shares	359	351	311	287	264	235

Fiscal years (MTG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	288	285	327	364	229	369
Short-term investments	—	—	67	—	—	—
Property and equipment, net	47	46	41	39	36	32
Total assets	7,355	7,325	6,214	6,538	6,547	6,639
Total liabilities	2,656	2,464	1,571	1,466	1,375	1,492
Retained earnings	2,642	3,251	4,004	4,593	3,404	3,250
Total stockholders' equity	4,699	4,861	4,643	5,072	5,172	5,148
Total liabilities and equity	7,355	7,325	6,214	6,538	6,547	6,639
Common shares outstanding (cover page) millions of shares	339	316	290	270	243	215

Fiscal years (MTG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	446	635	865	713	763	738
Stock-based compensation	14	17	25	32	31	24
Net cash from operating activities	732	696	650	713	725	853
Purchases of property and equipment	3	4	3	2	1	1
Net cash from investing activities	(773)	(161)	410	(179)	(142)	228
Share repurchases	120	291	386	337	569	789
Dividends paid	82	94	111	123	131	132
Proceeds from long-term debt	640	0	0	—	—	—
Net cash from financing activities	168	(527)	(1,033)	(496)	(719)	(940)

SIC 6351 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6351 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Mgic Investment	207	295	185*	205.1M	Q2 FY26 10-QJun 30, 2026
Essent Group	74	363	197*	89.9M	Q2 FY26 10-QJun 30, 2026
Radian Group	119	575	343*	132.3M	Q2 FY26 10-QJun 30, 2026
Old Republic International	336	2,551	429*	239.8M	Q3 FY26 10-QSep 30, 2026
Assured Guaranty	331	195	40*	44.0M	Q2 FY26 10-QJun 30, 2026
NMI Holdings	72	188	143*	75.2M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.