Filing Flows › Radian Group (RDN) › Q3 2026
Radian Group (RDN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Radian Group (RDN) reported revenue of $624M for the third quarter 2026 (Q3 2026), +106% from a year earlier and +9% from the quarter before. Operating margin was 36.6%, net earnings $164M (26.2% of revenue).
Radian Group, Q3 2026: revenue $624M (+106% year over year), operating margin 36.6%, net earnings $164M, operating cash flow $380M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $624M | +9% | +106% |
| Operating profit | $228M | +51% | +15% |
| Net earnings | $164M | +41% | +16% |
| Operating cash flow | $380M | +11% | +6% |
| Free cash flow | $379M | +11% | +6% |
What changed
Revenue was $624.1M in Q3 2026, up 106% year over year and up 9% from the previous quarter.
Operating profit was $228.3M, a 36.6% margin (down 29.0 points year over year). Of the extra revenue versus Q3 2025, 9% reached operating profit, below the 66% margin then. Total costs grew 279% against revenue growth of 106%. Net earnings were $163.7M, up 16% year over year. The effective tax rate was 25.5%.
Operating cash flow was $380.2M (up 6% year over year), 232% of net earnings. Working capital and other items added $216.5M. Capital expenditures of $1.2M left free cash flow of $379.0M.
Questions
What was Radian Group's revenue in the third quarter 2026?
Radian Group (RDN) reported revenue of $624M for the third quarter 2026 (Q3 2026), +106% from a year earlier and +9% from the quarter before.
Was Radian Group profitable in the third quarter 2026?
Operating profit was $228M (36.6% of revenue) and net earnings $164M.
Source: Radian Group 10-Q on SEC EDGAR.