Mgic Investment (MTG) Net Income (2009 - 2026)
Mgic Investment (MTG) posted quarterly Net Income of $182.1 million for Q2 2026, down 5.37% year-over-year from $192.5 million in Q2 2025, and up 10.19% quarter-over-quarter from $165.3 million in Q1 2026.
Mgic Investment (MTG) Net Income (2009 - 2026) Analysis & Trends
Mgic Investment's Net Income history runs 18 years deep, the most recent figure standing at $182.1 million for Q2 2026.
- In Q2 2026, Net Income fell 5.37% year-over-year to $182.1 million; the TTM figure through Jun 2026 stood at $707.9 million (down 7.18% YoY), while the FY2025 annual figure was $738.3 million, down 3.23% from the prior year.
- Net Income for Q2 2026 stood at $182.1 million, up from $165.3 million in the prior quarter.
- The five-year high for Net Income was $249.6 million in Q3 2022, with the low at $154.5 million in Q1 2023.
- The 5-year median for Net Income is $185.1 million (2024), against an average of $190.4 million.
- The sharpest annual moves came in 2022 and 2023: Net Income jumped 62.87% in 2022, then slipped 26.75% in 2023.
- Mgic Investment's Net Income stood at $191.4 million in 2022, then fell by 3.62% to $184.5 million in 2023, then climbed by 0.11% to $184.7 million in 2024, then retreated by 8.33% to $169.3 million in 2025, then advanced by 7.58% to $182.1 million in 2026.
- Business Quant data shows MTG's Net Income at $182.1 million in Q2 2026, $165.3 million in Q1 2026, and $169.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | 275.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 219.10 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 254.79 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | 174.84 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | 182.15 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | 189.71 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | 108.38 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 115.91 Mn |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | 105.79 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn | 51.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 182.15 Mn |
| Mar 31, 2026 | 165.30 Mn |
| Dec 31, 2025 | 169.31 Mn |
| Sep 30, 2025 | 191.10 Mn |
| Jun 30, 2025 | 192.48 Mn |
| Mar 31, 2025 | 185.46 Mn |
| Dec 31, 2024 | 184.70 Mn |
| Sep 30, 2024 | 199.97 Mn |
| Jun 30, 2024 | 204.23 Mn |
| Mar 31, 2024 | 174.10 Mn |
| Dec 31, 2023 | 184.50 Mn |
| Sep 30, 2023 | 182.84 Mn |
| Jun 30, 2023 | 191.05 Mn |
| Mar 31, 2023 | 154.55 Mn |
| Dec 31, 2022 | 191.44 Mn |
| Sep 30, 2022 | 249.63 Mn |
| Jun 30, 2022 | 249.27 Mn |
| Mar 31, 2022 | 175.01 Mn |
| Dec 31, 2021 | 173.93 Mn |
| Sep 30, 2021 | 157.98 Mn |