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Filing Flows › Radian Group (RDN) › Q2 2026 › vs Q1 2026

Radian Group (RDN) Q2 2026 vs Q1 2026 (quarter over quarter)

Radian Group's revenue rose $109M (+23%) from $466M in Q1 2026 to $575M in Q2 2026. Operating margin 26.2% against 37.2% (-11.0 pts).

Radian Group, Q2 2026: revenue $575M (+93% year over year), operating margin 26.2%, net earnings $116M, operating cash flow $343M. The chart draws each line against Q1 2026, the increases inside each band.

Radian Group: what changed, Q2 2026 vs Q1 2026Radian Group: what changed, Q2 2026 vs Q1 2026Costs & expenses$132MWorking capital & other$66.1MFree cash flow (OCF − capex)$58.4MOperating cash flow$57.9MOperating profit−$22.9MPre-tax earnings−$19.9MIncome tax−$11.7MNet earnings−$8.2MOther expense, net−$3.1MCapital expenditures−$524K

Margins

Q2 2026Q1 2026Change
Operating margin26.2%37.2%-11.0 pts
Net margin20.2%26.6%-6.4 pts
Free cash flow margin59.6%61.0%-1.4 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$575M$466M$109M+23%
Operating profit$151M$174M−$22.9M-13%
Costs & expenses$424M$293M$132M+45%
Pre-tax earnings$148M$168M−$19.9M-12%
Other expense, net$2.3M$5.4M−$3.1M-57%
Net earnings$116M$124M−$8.2M-7%
Income tax$32.5M$44.2M−$11.7M-26%
Working capital & other$227M$161M$66.1M+41%
Operating cash flow$343M$285M$57.9M+20%
Free cash flow (OCF − capex)$343M$284M$58.4M+21%
Capital expenditures$225K$749K−$524K-70%

Questions

How much did Radian Group's revenue grow quarter over quarter in Q2 2026?

Radian Group's revenue rose $109M (+23%) from $466M in Q1 2026 to $575M in Q2 2026. Operating margin 26.2% against 37.2% (-11.0 pts).

Q2 2026 results → · Compare in the interactive Sankey →