---
title: "MGIC Q2 FY26 net income falls 5.4% to $182.1 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294255919.md"
description: "MGIC Investment Corporation reported Q2 FY26 net income of $182.1 million, a 5.4% decrease from the previous quarter. Adjusted net operating income rose slightly to $183.7 million. New insurance written increased to $17.8 billion, while losses incurred narrowed significantly to $11 million, improving the loss ratio to 4.6%. The company repurchased $176.6 million in stock and declared a $0.17 per-share dividend, with an additional $750 million buyback authorized through 2028."
datetime: "2026-07-29T20:23:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294255919.md)
  - [en](https://longbridge.com/en/news/294255919.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294255919.md)
generator: "portal-rs"
---

# MGIC Q2 FY26 net income falls 5.4% to $182.1 million

-   MGIC Investment Corporation posted Q2 2026 net income of $182.1 million, or $0.86 per diluted share, versus $165.3 million in Q1 2026. \* Adjusted net operating income (non-GAAP) edged up to $183.7 million, or $0.87 per diluted share, from $165.1 million in Q1 2026. \* New insurance written rose to $17.8 billion from $14.4 billion in Q1 2026; insurance in force increased to $304.8 billion from $302.7 billion. \* Losses incurred narrowed to $11 million from $33.2 million in Q1 2026; the loss ratio improved to 4.6% from 14.1%. \* Repurchased $176.6 million of stock in the quarter; declared a $0.17 per-share dividend payable Aug. 20 and authorized an additional $750 million buyback through 2028. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGIC Investment Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607291605PR\_NEWS\_USPR\_\_\_\_\_CG15044) on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**