NYSE$RDN

Radian Group Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Radian Group reported Q4 2025, net income of $159M, diluted EPS of $1.15.

For Q4 2025, Radian Group reported net income of $159M, diluted EPS was $1.15. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Net income $159M.
  • Diluted EPS $1.15.
  • Radian Group highlights liquidity, operations, and 2026 priorities.

Headline financials

Total Revenue

$301M

Previous: $316M-4.9%
EPS (adj)

$1.15

Previous: $1.09+5.5%
Net premiums earned

$237M

Previous: $235M+0.8%
New insurance written

$15.9B

Previous: $13.2B+20.2%
Primary insurance in force

$283B

Previous: $275B+2.7%
Book value per share

$35.29

Previous: $31.33+12.6%
Holding company liquidity

$1.83B

Previous: $885M+107.2%
Loss ratio

9.1%

Previous: 0.0%
Expense ratio

25.2%

Previous: 24.2%+4.1%
Return on equity

13.5%

Previous: 12.7%+6.3%
Adjusted operating ROE

13.6%

Previous: 14.2%-4.2%
New defaults

14.2K

Previous: 14.0K+1.7%
MI portfolio yield (bps)

37.9%

No prior period
Total net MI yield (bps)

33.8%

No prior period
Primary delinquent loans

25.2K

Previous: 24.1K+4.9%
MI net claims paid

$13M

Previous: $5M+160.0%
Persistency rate (12m)

83.6%

No prior period
Persistency rate (annualized)

81.6%

No prior period
Net Income

$159M

Previous: $148M+7.2%
Operating Income

$201M

Previous: $189M+6.3%

Revenue & EPS history

Radian · Revenue · Quarterly

$301M

Q4 2025-4.9%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Radian · $289M total across 1 segment · Q3 2023

  • Mortgage Insurance
    $289M+2.7%

Forward guidance

The release discusses Radian Group's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Radian Group cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.0%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+0.8%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+19.2%

Q2 2011

Best reaction

-18.8%

Q3 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.0%-2.6%-10.2%
Q4 2025+1.6%+6.3%+0.5%
Q3 2025-0.7%+3.0%+1.2%
Q1 2025+1.9%+5.1%+6.9%
Q4 2024-1.8%-4.8%-6.3%
Q3 2024+4.6%+5.8%+7.0%
Q2 2024-4.2%-8.7%-2.7%
Q1 2024+2.9%+4.8%+4.6%
Q4 2023-4.5%-2.1%+3.2%
Q3 2023+4.6%+6.6%+1.9%
Q2 2023+2.0%+4.0%+1.1%
Q1 2023+2.1%+5.9%+11.3%
Q4 2022-1.7%-1.1%-5.4%
Q3 2022-1.7%-0.8%-8.8%
Q2 2022+0.8%+0.0%-5.6%
Q1 2022+3.9%+0.1%-1.2%
Q4 2021+2.1%+2.4%-2.4%
Q3 2021-7.6%-6.8%-14.0%
Q2 2021-2.1%+2.5%+4.3%
Q1 2021-4.8%-4.5%-7.3%
Q4 2020-1.2%-1.0%+6.9%
Q3 2020-5.1%-2.6%+5.7%
Q2 2020+3.8%+4.7%+5.1%
Q1 2020+8.8%+6.0%+31.4%
Q4 2019-1.1%-3.0%-11.7%
Q3 2019+1.0%+1.0%+4.0%
Q2 2019-3.4%-7.0%-3.8%
Q1 2019+1.6%+2.4%-3.7%
Q4 2018-1.2%+1.3%+2.9%
Q3 2018+5.3%+3.8%+0.3%
Q2 2018+4.8%+8.2%+15.0%
Q1 2018-0.6%+3.5%+7.6%
Q4 2017+1.7%-2.0%-6.3%
Q3 2017+4.4%+3.3%+3.0%
Q2 2017+1.5%+0.9%+0.5%
Q1 2017-12.7%-14.3%-14.4%
Q4 2016-1.7%-0.3%+1.0%
Q3 2016-4.5%-7.8%+1.3%
Q2 2016+4.6%+1.5%+10.3%
Q1 2016+3.8%
Q4 2015+3.1%
Q3 2015-11.5%
Q2 2015-1.0%
Q1 2015-2.7%
Q4 2014-3.6%
Q3 2014+8.8%
Q2 2014+5.3%
Q1 2014+3.7%
Q4 2013+6.1%
Q3 2013-10.5%
Q2 2013+1.7%
Q1 2013-0.5%
Q4 2012+2.7%
Q3 2012+14.7%
Q2 2012+4.7%
Q1 2012+0.0%
Q4 2011-1.9%
Q4 2009-1.9%
Q3 2011-18.8%
Q3 2010-18.8%
Q2 2011+19.2%
Q2 2010-0.2%
Q1 2010-0.2%
Q4 2010-0.2%
Q1 2011-0.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro