Radian (RDN) Cost of Revenue (2010 - 2026)

Radian's (RDN) quarterly Cost of Revenue came in at $98.2 million in Q1 2026, up 539.95% year-on-year from $15.3 million in Q1 2025, and up 180.09% quarter-over-quarter from -$122.6 million in Q4 2025.

Radian (RDN) Cost of Revenue (2010 - 2026) Analysis & Trends

Radian has disclosed Cost of Revenue across 17 years of filings, most recently posting $98.2 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $98.2 million, up 539.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 million (down 99.17% YoY), and the FY2025 annual result was $66.8 million, down 73.04% from the prior year.
  • Cost of Revenue came in at $98.2 million for Q1 2026 at Radian, up from -$122.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $113.9 million in Q2 2022 to a low of -$122.6 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $64.1 million (2024), against an average of $46.9 million.
  • Across the five-year window, Cost of Revenue surged 1380.66% in 2024 and plunged 309.89% in 2025, its largest moves.
  • Radian's Cost of Revenue stood at $86.5 million in 2022, then slumped by 105.27% to -$4.6 million in 2023, then soared by 1380.66% to $58.4 million in 2024, then slumped by 309.89% to -$122.6 million in 2025, then surged by 180.09% to $98.2 million in 2026.
  • The last three Cost of Revenue figures came in at $98.2 million (Q1 2026), -$122.6 million (Q4 2025), and $17.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 608.00 Mn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 602.20 Mn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 37.16 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 33.24 Mn
6 Essent 5.47 Bn 5.47 Bn - -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 98.17 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 45.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 30.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 98.17 Mn
Mar 31, 2026 98.17 Mn
Dec 31, 2025 -122.57 Mn
Dec 31, 2025 -122.57 Mn
Sep 30, 2025 17.89 Mn
Sep 30, 2025 17.89 Mn
Jun 30, 2025 8.42 Mn
Jun 30, 2025 8.42 Mn
Mar 31, 2025 15.34 Mn
Mar 31, 2025 15.34 Mn
Dec 31, 2024 58.40 Mn
Dec 31, 2024 58.40 Mn
Sep 30, 2024 64.11 Mn
Sep 30, 2024 64.11 Mn
Jun 30, 2024 91.65 Mn
Jun 30, 2024 91.65 Mn
Mar 31, 2024 82.64 Mn
Mar 31, 2024 82.64 Mn
Dec 31, 2023 -4.56 Mn
Dec 31, 2023 -4.56 Mn