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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Radian Group
Radian Group (RDN) investor relations material
Radian Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary6 Aug, 2026
Executive summary
Completed strategic transformation into a global multi-line specialty insurer with the acquisition of Inigo and divestiture of non-core businesses, including real estate and title services.
First full quarter with Inigo contributed to significant revenue and earnings diversification, with specialty insurance now representing about half of total revenues.
Leadership transition completed, with Mike Weinbach as CEO-elect, ensuring continuity and strategic focus.
Financial highlights
Total revenues for Q2 2026 rose 93% year-over-year to $575 million; net earned premiums increased to $504 million.
GAAP net income from continuing operations was $0.87 per share ($118 million); adjusted net operating EPS grew to $1.14.
Adjusted pretax operating income reached $196 million, up from $191 million year-over-year.
Book value per share increased 8.5% year-over-year to $36.00.
Net investment income grew to $75 million, driven by higher balances and Inigo's portfolio.
Outlook and guidance
Specialty segment earned premiums expected to be approximately 20% higher in the second half of 2026 compared to the first half.
Combined ratio for specialty segment projected in the low 90s, reflecting current market conditions and reserving for Middle East conflict.
Increased guidance for Radian Guaranty dividends to at least $650 million for 2026, subject to regulatory approval.
Share repurchases for 2026 expected to reach the upper end of $200–$250 million.
Focus remains on strong performance in Mortgage, strategic growth in Specialty, and disciplined capital management.
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Latest events from Radian Group
- Unified strategy and capital strength drive growth, diversification, and shareholder value.RDN
Investor Day 2026 - Inigo acquisition drove 58% revenue growth and 22% higher adjusted operating EPS in Q1 2026.RDNQ1 2026
- Proxy covers director elections, compensation, equity plan, auditor, and governance highlights.RDNProxy filing
- Virtual annual meeting to vote on directors, compensation, equity plan, and auditor ratification.RDNProxy filing
- Inigo acquisition doubled revenue and drove 13% book value per share growth in 2025.RDNQ4 2025
- $1.7B acquisition of a Lloyd’s specialty insurer doubles revenue and drives major EPS gains.RDNM&A Announcement
- Q2 net income reached $152M, with 12% book value growth and expanded share repurchases.RDNQ2 2024
- Q3 net income was $152M, book value rose 18%, and capital returns remained strong.RDNQ3 2024
- 2024 net income was $604M, with record insurance in force and strong capital returns.RDNQ4 2024
Next Radian Group earnings date
Q3 20265 Nov, 2026
Radian Group
Next Radian Group earnings date
Q3 20265 Nov, 2026
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Frequently asked questions
Radian Group Inc. is a provider of mortgage and real estate services, offering products and solutions to help customers manage risk and enhance the mortgage and real estate lifecycle. The company’s core business includes mortgage insurance, which protects lenders from borrower defaults, and services such as mortgage risk analytics, real estate data, and valuation tools. Radian supports clients across the housing finance industry, including lenders, investors, and government entities. The company is headquartered in Wayne, Pennsylvania, and its shares are listed on the NYSE.