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| Date | Value |
|---|---|
| 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 |