Filing Flows › Radian Group (RDN) › Q3 2025
Radian Group (RDN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Radian Group (RDN) reported revenue of $303M for the third quarter 2025 (Q3 2025), -3% from a year earlier and -5% from the quarter before. Operating margin was 65.5%, net earnings $141M (46.7% of revenue).
Radian Group, Q3 2025: revenue $303M (-3% year over year), operating margin 65.5%, net earnings $141M, operating cash flow $358M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $303M | -5% | -3% |
| Operating profit | $199M | +14% | -7% |
| Net earnings | $141M | -0.2% | -7% |
| Operating cash flow | $358M | — | — |
| Free cash flow | $358M | — | — |
What changed
Revenue was $303.2M in Q3 2025, down 3% year over year and down 5% from the previous quarter.
Operating profit was $198.7M, a 65.5% margin (down 2.8 points year over year). Total costs grew 5% against a revenue fall of 3%. Net earnings were $141.4M, down 7% year over year. The effective tax rate was 24.5%.
Operating cash flow was $358.4M, 253% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization. Working capital and other items added $214.4M. Capital expenditures of $843K left free cash flow of $357.6M.
Questions
What was Radian Group's revenue in the third quarter 2025?
Radian Group (RDN) reported revenue of $303M for the third quarter 2025 (Q3 2025), -3% from a year earlier and -5% from the quarter before.
Was Radian Group profitable in the third quarter 2025?
Operating profit was $199M (65.5% of revenue) and net earnings $141M.
Source: Radian Group 10-Q on SEC EDGAR.