MGIC Investment Corporation (MTG) Financial Statements (2026 and earlier)

Company Profile

Business Address 250 EAST KILBOURN AVENUE
MILWAUKEE, WI 53202
State of Incorp. WI
Fiscal Year End December 31
Industry (SIC) 6351 - Surety Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments384244378342301306
Cash and cash equivalent369229364327285288
Short-term investments151515141618
Total current assets:384244378342301306
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization323639414647
Deferred income tax assets197080125  
Total noncurrent assets:511061191664647
Other undisclosed assets6,2046,1976,0415,7066,9797,001
TOTAL ASSETS:6,6396,5476,5386,2147,3257,355
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,4921,3751,4661,5712,4642,656
Total liabilities:1,4921,3751,4661,5712,4642,656
Equity
Equity, attributable to parent5,1485,1725,0724,6434,8614,699
Common stock219248371371371371
Treasury stock, value   (1,384)(1,050)(675)(393)
Additional paid in capital1,8121,8081,8081,7991,7951,862
Accumulated other comprehensive income (loss)(134)(288)(316)(482)120217
Retained earnings3,2503,4044,5934,0043,2512,642
Total equity:5,1485,1725,0724,6434,8614,699
TOTAL LIABILITIES AND EQUITY:6,6396,5476,5386,2147,3257,355

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,2141,2081,1551,1731,1861,199
Premiums earned, net9669719531,0071,014 
Net investment income246245215167156154
Cost of revenue(56)   (77)(377)
Policyholder benefits and claims incurred, net(49)   (65)(365)
Deferred policy acquisition costs, amortization expense(7)   (13)(12)
Gross profit:1,1581,2081,1551,1731,108822
Operating expenses(193)(209)(226)(237)(198)(176)
Operating income:964998929936910646
Interest and debt expense(36)(36)(37)(88)(108)(86)
Income from continuing operations before equity method investments, income taxes:929963892848802559
Other undisclosed income from continuing operations before income taxes 610242  
Income from continuing operations before income taxes:9299699021,090802559
Income tax expense(190)(206)(189)(225)(167)(113)
Income from continuing operations:738763713865635446
Income before gain (loss) on sale of properties:✕✕✕✕✕635446
Net income available to common stockholders, basic:738763713865635446
Other undisclosed net income available to common stockholders, diluted   131417
Net income available to common stockholders, diluted:738763714869649463

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:738763713865635446
Other comprehensive income (loss) 15428165(601)(97)144
Other undisclosed comprehensive income      
Comprehensive income:892791878264538590
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:892791878264538590

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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