The financials
MGIC Investment Corporation by the numbers
MGIC Investment Corporation (MTG) reported revenue of $297M in Q1 2026 (quarter ended March 31, 2026), down 3.0% from the same quarter a year earlier. That came with net income of $165M (56% of revenue). For the full year FY2025, revenue was $1.21B (+0.5% year on year) and net income $738M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $297M | $306M | −3.0% |
| Net income | $165M | $185M | −11% |
| Diluted EPS | $0.76 | $0.75 | +1.3% |