Here are the 10-Q quarterly reports from MGIC Investment Corp. (MTG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MTG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTG filings page.
MGIC Investment Corporation (MTG) reported third-quarter 2026 net income of $175.0 million, compared with $191.1 million a year earlier, while total revenue was $299.1 million versus $304.5 million. Net losses incurred were $23.9 million, compared with $10.9 million. After-tax unrealized investment losses of $157.1 million contributed to comprehensive income of $18.0 million, versus $236.8 million a year earlier.
For the first nine months, net cash provided by operating activities was $478.3 million, compared with $622.0 million in 2025. MGIC repurchased 19.0 million shares for $521.7 million and had $653.5 million of repurchase authorization remaining through December 31, 2028. It declared a $0.17-per-share dividend payable November 23, 2026, to holders of record November 12, 2026.
As of September 30, 2026, MGIC’s Available Assets exceeded PMIERs Minimum Required Assets by $2.8 billion, and MGIC remained eligible to insure loans purchased by the GSEs. An October 2026 executive order directs the FHFA Director, if the Director determines it is in the best interests of the GSEs, FHFA and the public, to direct a pilot reviewing certain mortgages for insurance cancellation. MGIC said accelerated cancellations could adversely affect insurance in force and premiums.
MGIC Investment Corporation reported Q2 2026 net income of $182,145 (in thousands), down from $192,482 a year earlier, as total revenues eased to $295,388 from $304,245 and net premiums earned were $238,057 versus $244,322 (all dollars in thousands unless noted).
Diluted EPS rose to $0.86 from $0.81, reflecting a smaller share base; there were 205,124,840 common shares outstanding as of July 24, 2026. For the first half of 2026, net income was $347,448 on revenues of $592,465. Total assets were $6,526,982 and shareholders’ equity $5,013,359 at June 30, 2026, with loss reserves increasing to $492,001.
MGIC had $304.8 billion of primary insurance in force and $81.8 billion of primary risk in force. Under PMIERs, Available Assets totaled $5.6 billion, exceeding Minimum Required Assets by $2.7 billion. Operating cash flow for the first six months was $261,866 (in thousands). The company repurchased 13.8 million shares for $369.2 million and paid quarterly dividends of $0.15 per share, with a $0.17 dividend declared for August 2026.
MGIC Investment Corporation reported first-quarter 2026 net income of $165.3 million, down from $185.5 million a year earlier, as loss costs increased. Net premiums earned were $235.4 million versus $243.7 million, while total revenues reached $297.1 million.
The loss ratio rose, with losses incurred, net increasing to $33.2 million from $9.6 million, partly offset by lower operating expenses. Diluted earnings per share were $0.76, similar to $0.75 in 2025, helped by a smaller share count from repurchases.
MGIC’s balance sheet remained strong, with loss reserves of $499.1 million and total shareholders’ equity of $5.0 billion. The company reported $302.7 billion of primary insurance in force and a risk-to-capital ratio of 9.6 to 1. Under PMIERs, Available Assets of $5.8 billion exceeded Minimum Required Assets by $2.9 billion, supporting continued eligibility to insure GSE loans.
MGIC Investment Corporation (MTG) filed its Q3 2025 report. Total revenues were $304.5 million, driven by net premiums earned of $241.8 million and investment income of $62.2 million. Net income was $191.1 million, with basic and diluted EPS of $0.83.
Losses incurred, net, were $10.9 million compared to a benefit in the prior year period, while other underwriting and operating expenses were $47.8 million. For the nine months, operating cash flow reached $622.0 million, supporting share repurchases of $599.5 million and cash dividends of $99.1 million. Shareholders’ equity was $5.17 billion, and accumulated other comprehensive loss improved to $(159.2) million, reflecting higher unrealized gains.
MGIC reported compliance with PMIERs. The company detailed active reinsurance programs, including a 40% 2025 quota share, executed a 40% quota share for 2026, agreed to terms for 2027, and executed an XOL providing up to $184 million of 2026 coverage. As of October 24, 2025, common shares outstanding were 223,740,981.