Filing Flows › Radian Group (RDN) › Q1 2025
Radian Group (RDN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Radian Group (RDN) reported revenue of $318M for the first quarter 2025 (Q1 2025), -0.4% from a year earlier and +9% from the quarter before. Operating margin was 59.2%, net earnings $145M (45.4% of revenue).
Radian Group, Q1 2025: revenue $318M (-0.4% year over year), operating margin 59.2%, net earnings $145M, operating cash flow $67.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $318M | +9% | -0.4% |
| Operating profit | $188M | +14% | -5% |
| Net earnings | $145M | -3% | -5% |
| Operating cash flow | $67.8M | — | +33% |
| Free cash flow | $66.6M | — | +35% |
What changed
Revenue was $318.1M in Q1 2025, roughly flat year over year and up 9% from the previous quarter.
Operating profit was $188.4M, a 59.2% margin (down 3.0 points year over year). Total costs grew 7% against flat revenue. Net earnings were $144.6M, down 5% year over year. The effective tax rate was 23.3%.
Operating cash flow was $67.8M (up 33% year over year), 47% of net earnings. Non-cash charges added back $14.4M of depreciation and amortization. Working capital and other items used $91.1M. Capital expenditures of $1.2M left free cash flow of $66.6M.
Questions
What was Radian Group's revenue in the first quarter 2025?
Radian Group (RDN) reported revenue of $318M for the first quarter 2025 (Q1 2025), -0.4% from a year earlier and +9% from the quarter before.
Was Radian Group profitable in the first quarter 2025?
Operating profit was $188M (59.2% of revenue) and net earnings $145M.
Source: Radian Group 10-Q on SEC EDGAR.