Radian Announces Third Quarter 2026 Financial Results
Business Wire•04/11/2026•16:30 ET
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Key Highlights
- ➤Revenue $624 million, up 106% year over year, fueled by Inigo acquisition
- ➤Adjusted diluted net operating income per share $1.44, up from $1.15
- ➤Primary mortgage insurance in force reached record $286 billion, up 2% year over year
- ➤Specialty segment combined ratio 80%, benefiting from benign catastrophe losses
- ➤Radian repurchased $379 million of shares year-to-date, equal to 8% outstanding
Expert Statements
Mike Weinbach, CEO of Radian
“Radian delivered an excellent third quarter, with strong contributions from both our Mortgage Insurance and Specialty Insurance businesses. Total revenue more than doubled year-over-year with the addition of Inigo, and the strategic rationale for the acquisition is already showing up in our results.”
Mike Weinbach, CEO of Radian
“With two strong insurance businesses, disciplined underwriting, and significant financial flexibility, we’re focused on executing and creating long-term value for shareholders.”
— Third quarter revenue grew 106% year over year; Specialty represented 57% of net premiums earned —
— Specialty delivered strong underwriting performance, benefiting from a benign catastrophe quarter —
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