Provides private mortgage insurance that covers losses from homeowner defaults.
Jun 2026Revenue $1.20B/yrExpenses $311M/yr
No trend
Figures by year
Is Mgic Investment profitable?
Yes. In the 12 months to Jun 2026, revenue was $1.20B and expenses $311M.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $1.21B | $285M | $929M |
| Dec 2024 | $1.21B | $239M | $969M |
| Dec 2023 | $1.16B | $253M | $902M |
| Dec 2022 | $1.17B | $82.8M | $1.09B |
| Dec 2021 | $1.19B | $384M | $802M |
| Dec 2020 | $1.20B | $640M | $559M |
| Dec 2019 | $1.21B | $366M | $848M |
| Dec 2018 | $1.12B | $280M | $844M |
| Dec 2017 | $1.07B | $282M | $784M |
| Dec 2016 | $1.06B | $548M | $515M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.