Radian Group Q3 revenue beats expectations
RDN•Radian Group’s Q3 revenue rose 106% year over year to $624 million, beating the $541.99 million consensus estimate. Adjusted operating income was $254 million, above the $162.15 million estimate.
1. Revenue and income rise
Radian Group reported Q3 revenue of $624 million, up 106% year over year and above analysts’ $541.99 million estimate. Adjusted operating income was $254 million, compared with the $162.15 million consensus estimate; net income was $164 million.
2. Capital and business drivers
The company repurchased $135 million of shares in Q3 and another $117 million in October, with $484 million remaining under its authorization, which expires in December 2027. Radian Guaranty expects to pay Radian Group $145 million in dividends in Q4 2026. The addition of Inigo drove revenue growth, while lower catastrophe losses supported specialty underwriting results and primary mortgage insurance in force reached a record level.
