RDN · XBRL financial data
Radian Group financial statements, every fiscal year
The same tables from 6 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
CSVFiscal years (RDN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1,439 | 1,330 | 1,191 | 1,241 | 1,290 | 1,197 |
| Cost of goods and services sold | 86 | 104 | 82 | 38 | 38 | — |
| Interest expense | 71 | 84 | 84 | 90 | 108 | 68 |
| Income tax expense (benefit) | 86 | 164 | 210 | 164 | 167 | 173 |
| Net income (loss) | 394 | 601 | 743 | 603 | 604 | 583 |
| Earnings per share, basic USD per share | 2.01 | 3.19 | 4.42 | 3.81 | 3.96 | 4.18 |
| Earnings per share, diluted USD per share | 2.00 | 3.16 | 4.35 | 3.77 | 3.92 | 4.14 |
| Weighted average shares, basic millions of shares | 195 | 188 | 168 | 158 | 152 | 139 |
| Weighted average shares, diluted millions of shares | 197 | 190 | 171 | 160 | 154 | 141 |
Balance sheet
CSVFiscal years (RDN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 88 | 151 | 56 | 19 | 39 | 25 |
| Property and equipment, net | 80 | 75 | 71 | 64 | 28 | 17 |
| Right-of-use asset | 33 | 32 | 21 | 16 | 13 | 9 |
| Goodwill | 10 | 10 | 10 | 0 | 0 | — |
| Total assets | 7,948 | 7,839 | 7,064 | 7,594 | 8,664 | 8,122 |
| Total liabilities | 3,664 | 3,580 | 3,144 | 3,196 | 4,040 | 3,341 |
| Retained earnings | 2,685 | 3,181 | 3,787 | 4,244 | 4,695 | 5,132 |
| Total stockholders' equity | 4,284 | 4,259 | 3,919 | 4,398 | 4,624 | 4,782 |
| Total liabilities and equity | 7,948 | 7,839 | 7,064 | 7,594 | 8,664 | 8,122 |
| Common shares outstanding (cover page) millions of shares | 192 | 176 | 157 | 151 | 145 | 136 |
Cash flows
CSVFiscal years (RDN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 394 | 601 | 743 | 603 | 604 | 583 |
| Depreciation and amortization | 18 | 16 | 15 | 15 | 18 | 10 |
| Net cash from operating activities | 658 | 557 | 388 | 529 | (664) | 120 |
| Net cash from investing activities | (883) | (2) | (5) | (301) | 328 | 127 |
| Proceeds from issuing common stock | 2 | 1 | 1 | 2 | 1 | 1 |
| Share repurchases | 226 | 399 | 400 | 133 | 225 | 432 |
| Dividends paid | 97 | 103 | 135 | 146 | 152 | 146 |
| Repayments of long-term debt | 0 | 0 | — | — | — | — |
| Net cash from financing activities | 223 | (497) | (479) | (265) | 357 | (243) |
| Net change in cash | (2) | 58 | (96) | (36) | 21 | 4 |
Compare with peers
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 |
|---|---|---|---|---|---|
| Radian Group | 119 | 575 | 343* | 132.3M | 10-QJun 30, 2026 |
| Essent Group | 74 | 363 | 197* | 89.9M | 10-QJun 30, 2026 |
| Assured Guaranty | 331 | 195 | 40* | 44.0M | 10-QJun 30, 2026 |
| Mgic Investment | 207 | 295 | 185* | 205.1M | 10-QJun 30, 2026 |
| NMI Holdings | 72 | 188 | 143* | 75.2M | 10-QJun 30, 2026 |
| Old Republic International | 336 | 2,551 | 429* | 239.8M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.