Radian (RDN) Gross Margin (2013 - 2026)
Radian's Gross Margin was 66.09% in Q2 2026, down 29.90 percentage points from 96.00% a year earlier and down 10.76 percentage points from the prior quarter.
Radian (RDN) Gross Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Radian's Gross Margin was 79.19% through Jun 30, 2026, down 18.01 percentage points year-over-year; for FY2025, it was 94.42%, down 5.39 percentage points from FY2024.
- Gross Margin shows a five-year change of +28.14 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 99.81% in FY2024 (+3.39 pp), 96.42% in FY2023 (+24.83 pp), 71.59% in FY2022 (-20.61 pp) and 92.20% in FY2021 (+25.92 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q2 2022.
- Compared with a year earlier, Gross Margin has declined for seven straight quarters, with an average year-over-year change of -7.84 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2023 (a gain of 32.25 percentage points); the worst was Q2 2022 (a drop of 38.63 percentage points).
- Per Business Quant data, RDN's Gross Margin in the three quarters before Q2 2026 was 76.86% (Q1 2026), 92.82% (Q4 2025) and 94.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 40.82% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 46.97% |
| 10 | Radian | 4.41 Bn | 725.14 Mn | 380.01 Mn | 66.09% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.09% |
| Mar 31, 2026 | 76.86% |
| Dec 31, 2025 | 92.82% |
| Sep 30, 2025 | 94.10% |
| Jun 30, 2025 | 96.00% |
| Mar 31, 2025 | 94.80% |
| Dec 31, 2024 | 100.02% |
| Sep 30, 2024 | 97.97% |
| Jun 30, 2024 | 96.81% |
| Mar 31, 2024 | 96.91% |
| Dec 31, 2023 | 101.72% |
| Sep 30, 2023 | 97.16% |
| Jun 30, 2023 | 92.53% |
| Mar 31, 2023 | 94.54% |
| Dec 31, 2022 | 86.15% |
| Sep 30, 2022 | 67.26% |
| Jun 30, 2022 | 60.28% |
| Mar 31, 2022 | 71.41% |
| Dec 31, 2021 | 89.18% |
| Sep 30, 2021 | 94.69% |
Radian Gross Margin 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=gross-margin&ticker=RDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=RDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();