NMI Holdings, Inc. (NMIH)
NASDAQ: NMIH · Real-Time Price · USD
38.59
-1.04 (-2.62%)
Mar 3, 2026, 10:08 AM EST - Market open

NMI Holdings Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Premiums & Annuity Revenue
602.21564.69510.77475.27444.29
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Total Interest & Dividend Income
102.9485.3267.5146.4138.07
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Gain (Loss) on Sale of Investments
0.430.02-0.030.480.73
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Other Revenue
0.860.940.761.191.98
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Total Revenue
706.44650.97579523.35485.07
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Revenue Growth (YoY)
8.52%12.43%10.63%7.89%11.95%
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Policy Benefits
57.6531.5422.62-3.5912.31
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Policy Acquisition & Underwriting Costs
97.6296.4991.79100.07136.17
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Selling, General & Administrative
2.12.1222.3
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Other Operating Expenses
0.60.720.771.092.51
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Total Operating Expenses
178.16150.66134.09114.99153.29
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Operating Income
528.28500.31444.92408.36331.78
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Interest Expense
-28.48-36.9-32.21-32.16-31.8
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Other Non Operating Income (Expenses)
---1.110.57
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EBT Excluding Unusual Items
499.8463.41412.7377.31300.55
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Other Unusual Items
-----3.83
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Pretax Income
499.8463.41412.7377.31296.73
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Income Tax Expense
110.88103.3190.5984.465.6
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Net Income
388.93360.11322.11292.9231.13
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Net Income to Common
388.93360.11322.11292.9231.13
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Net Income Growth
8.00%11.80%9.97%26.73%34.72%
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Shares Outstanding (Basic)
7880828586
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Shares Outstanding (Diluted)
7981848687
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Shares Change (YoY)
-2.75%-3.08%-2.49%-1.02%9.62%
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EPS (Basic)
5.014.513.913.452.70
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EPS (Diluted)
4.924.433.843.392.65
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EPS Growth
11.06%15.37%13.18%27.86%24.71%
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Free Cash Flow
412.52386.7333.31302.82313.48
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Free Cash Flow Per Share
5.224.763.983.523.61
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Operating Margin
74.78%76.85%76.84%78.03%68.40%
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Profit Margin
55.05%55.32%55.63%55.97%47.65%
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Free Cash Flow Margin
58.39%59.40%57.57%57.86%64.63%
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EBITDA
539.54512.24456.46420.23343.02
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EBITDA Margin
76.38%78.69%78.83%80.30%70.71%
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D&A For EBITDA
11.2611.9411.5411.8711.23
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EBIT
528.28500.31444.92408.36331.78
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EBIT Margin
74.78%76.85%76.84%78.03%68.40%
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Effective Tax Rate
22.18%22.29%21.95%22.37%22.11%
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Revenue as Reported
706.44650.97579523.35485.07
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Source: S&P Capital IQ. Insurance template. Financial Sources.