Radian (RDN) Cost of Revenue (2014 - 2026)
Radian (RDN) reported Cost of Revenue of $194.95 million for Q2 2026, compared with $11.95 million a year earlier and up 80.6% from the prior quarter.
Radian (RDN) Cost of Revenue (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Radian's Cost of Revenue came in at $342.35 million, up 919.5% year-over-year; for FY2025, it was $66.77 million.
- Cost of Revenue has a five-year compound annual growth rate of -32.7% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $2.25 million in FY2024 (-94.7%), $42.14 million in FY2023 (-87.5%), $338.24 million in FY2022 (+226.1%) and $103.71 million in FY2021 (-78.6%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q2 2020.
- Year over year, Cost of Revenue gained in four of the last five quarters, with growth averaging 169.3%.
- The high point for year-over-year Cost of Revenue in five years was Q1 2026 (growth of 603.6%); the low point was Q3 2023 (a decline of 90.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $107.93 million (Q1 2026), $21.59 million (Q4 2025) and $17.89 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 45.95 Bn |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 6.69 Bn |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 14.57 Bn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 5.92 Bn |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | 11.34 Bn |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | - |
| 10 | Radian | 4.35 Bn | 663.71 Mn | 380.01 Mn | 194.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 194.95 Mn |
| Mar 31, 2026 | 107.93 Mn |
| Dec 31, 2025 | 21.59 Mn |
| Sep 30, 2025 | 17.89 Mn |
| Jun 30, 2025 | 11.95 Mn |
| Mar 31, 2025 | 15.34 Mn |
| Dec 31, 2024 | -61,000.00 |
| Sep 30, 2024 | 6.35 Mn |
| Jun 30, 2024 | 9.54 Mn |
| Mar 31, 2024 | 9.33 Mn |
| Dec 31, 2023 | -4.56 Mn |
| Sep 30, 2023 | 8.89 Mn |
| Jun 30, 2023 | 21.63 Mn |
| Mar 31, 2023 | 16.93 Mn |
| Dec 31, 2022 | 43.60 Mn |
| Sep 30, 2022 | 96.96 Mn |
| Jun 30, 2022 | 113.92 Mn |
| Mar 31, 2022 | 83.75 Mn |
| Dec 31, 2021 | 36.62 Mn |
| Sep 30, 2021 | 17.31 Mn |
Radian Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();