Filing Flows › Radian Group (RDN) › Q2 2026 › vs Q2 2025
Radian Group (RDN) Q2 2026 vs Q2 2025 (year over year)
Radian Group's revenue rose $276M (+93%) from $299M in Q2 2025 to $575M in Q2 2026. Operating margin 26.2% against 64.6% (-38.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 26.2% | 64.6% | -38.4 pts |
| Net margin | 20.2% | 47.5% | -27.3 pts |
| Free cash flow margin | 59.6% | -239.3% | +298.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $575M | $299M | $276M | +93% |
| Operating profit | $151M | $193M | −$42.1M | -22% |
| Costs & expenses | $424M | $106M | $318M | +301% |
| Pre-tax earnings | $148M | $180M | −$31.7M | -18% |
| Other expense, net | $2.3M | $12.7M | −$10.4M | -82% |
| Net earnings | $116M | $142M | −$25.9M | -18% |
| Income tax | $32.5M | $38.3M | −$5.8M | -15% |
| Working capital & other | $227M | −$882M | $1.1B | — |
| Operating cash flow | $343M | −$713M | $1.1B | — |
| Free cash flow (OCF − capex) | $343M | −$715M | $1.1B | — |
| Capital expenditures | $225K | $1.2M | −$974K | -81% |
Questions
How much did Radian Group's revenue grow year over year in Q2 2026?
Radian Group's revenue rose $276M (+93%) from $299M in Q2 2025 to $575M in Q2 2026. Operating margin 26.2% against 64.6% (-38.4 pts).