Radian (RDN) Gross Margin (2010 - 2026)
Radian (RDN) posted Gross Margin of 75.61% for Q1 2026, down 18.54% sequentially from 92.82% in Q4 2025, and up 35.0% YoY from 56.01% in Q1 2025.
Radian (RDN) Gross Margin (2010 - 2026) Analysis & Trends
Radian has reported Gross Margin for 17 years, with the latest figure at 75.61% in Q1 2026.
- Quarterly Gross Margin rose 35.0% year-over-year to 75.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 88.52% (down 2142.0% YoY) and the FY2025 annual result came in at 92.91%, down 628.0% from the prior year.
- Gross Margin retreated to 75.61% in Q1 2026 per RDN's latest filing, from 92.82% in the prior quarter.
- Over five years, Gross Margin peaked at 163.89% in Q4 2024 and troughed at 60.28% in Q2 2022.
- A 5-year average of 90.36% and a median of 94.1% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 6565 bps in 2024, then tumbled 7107 bps in 2025.
- Over 5 years, Gross Margin stood at 120.12% in 2022, then slipped by 18 bps to 98.23% in 2023, then jumped by 67 bps to 163.89% in 2024, then slumped by 43 bps to 92.82% in 2025, then fell by 19 bps to 75.61% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 75.61%, 92.82%, and 94.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 88.64% |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 83.37% |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | 46.77% |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 89.52% |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 96.28% |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 86.50% |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 66.09% |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 83.77% |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 80.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 66.09% |
| Mar 31, 2026 | 75.61% |
| Dec 31, 2025 | 92.82% |
| Sep 30, 2025 | 94.10% |
| Jun 30, 2025 | 95.95% |
| Mar 31, 2025 | 75.26% |
| Dec 31, 2024 | 163.89% |
| Sep 30, 2024 | 97.97% |
| Jun 30, 2024 | 96.81% |
| Mar 31, 2024 | 72.61% |
| Dec 31, 2023 | 98.23% |
| Sep 30, 2023 | 67.03% |
| Jun 30, 2023 | 96.46% |
| Mar 31, 2023 | 95.54% |
| Dec 31, 2022 | 120.12% |
| Sep 30, 2022 | 61.98% |
| Jun 30, 2022 | 60.28% |
| Mar 31, 2022 | 71.41% |
| Dec 31, 2021 | 85.48% |
| Sep 30, 2021 | 73.45% |