Radian (RDN) Operating Expenses (2010 - 2026)

Radian's (RDN) quarterly Operating Expenses came in at $292.7 million in Q1 2026, up 10115.5% year-on-year from N/an in Q1 2025, and up 194.22% quarter-over-quarter from $99.5 million in Q4 2025.

Radian (RDN) Operating Expenses (2010 - 2026) Analysis & Trends

Radian has disclosed Operating Expenses across 17 years of filings, most recently posting $292.7 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $292.7 million, up 10115.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $398.2 million (up 112.94% YoY), and the FY2025 annual result was $405.9 million, up 12.52% from the prior year.
  • Operating Expenses came in at $292.7 million for Q1 2026 at Radian, up from $99.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $292.7 million in Q1 2026 to a low of -$314.3 million in Q4 2023.
  • The 5-year median for Operating Expenses is $58.8 million (2022), against an average of $49.7 million.
  • Across the five-year window, Operating Expenses sank 382.11% in 2023 and surged 10115.5% in 2026, its largest moves.
  • Radian's Operating Expenses stood at $111.4 million in 2022, then tumbled by 382.11% to -$314.3 million in 2023, then jumped by 126.18% to $82.3 million in 2024, then gained by 20.89% to $99.5 million in 2025, then soared by 194.22% to $292.7 million in 2026.
  • The last three Operating Expenses figures came in at $292.7 million (Q1 2026), $99.5 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 2.73 Bn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - 1.34 Bn
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 1.68 Bn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 98.69 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 90.25 Mn
6 Essent 5.47 Bn 5.47 Bn - 129.35 Mn
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 292.67 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 700.63 Mn
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 227.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 58.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 292.67 Mn
Dec 31, 2025 99.47 Mn
Sep 30, 2025 2.97 Mn
Jun 30, 2025 3.03 Mn
Mar 31, 2025 2.87 Mn
Dec 31, 2024 82.29 Mn
Sep 30, 2024 99.07 Mn
Jun 30, 2024 2.75 Mn
Mar 31, 2024 120.77 Mn
Dec 31, 2023 -314.34 Mn
Sep 30, 2023 2.45 Mn
Jun 30, 2023 106.90 Mn
Mar 31, 2023 105.84 Mn
Dec 31, 2022 111.43 Mn
Sep 30, 2022 40.73 Mn
Jun 30, 2022 26.95 Mn
Mar 31, 2022 58.84 Mn
Dec 31, 2021 91.86 Mn
Sep 30, 2021 164.12 Mn
Jun 30, 2021 141.50 Mn