Income Statement - NMI Holdings, Inc. (NMIH)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 705.58 | 650.97 | 579.00 | 524.46 | 485.64 | 436.19 | 370.11 | 273.63 | 178.64 | 121.92 | 55.51 | 22.21 | 5.56 | 0.28 | |
| Cost of revenue | 57.65 | 32.27 | 23.39 | -2.50 | 14.81 | 62.09 | 14.76 | 5.72 | 5.96 | 2.39 | 0.65 | 0.46 | 0.00 | 23.94 | |
| Gross profit | 647.93 | 618.70 | 555.61 | 526.96 | 470.82 | 374.10 | 355.36 | 267.91 | 172.68 | 119.52 | 54.86 | 21.75 | 5.56 | 0.28 | |
| Total operating expenses | 148.13 | 155.29 | 142.91 | 149.65 | 174.10 | 156.00 | 138.71 | 131.95 | 119.89 | 108.07 | 82.66 | 73.04 | 60.74 | 27.78 | 1.25 |
| Operating income | 499.80 | 463.41 | 412.70 | 377.31 | 296.73 | 218.11 | 216.65 | 135.96 | 52.79 | 11.45 | -27.79 | -51.29 | -55.18 | -27.49 | -1.35 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 499.80 | 463.41 | 412.70 | 377.31 | 296.73 | 218.11 | 216.65 | 135.96 | 52.79 | 11.45 | -27.79 | -51.29 | -55.18 | -27.49 | -1.35 |
| Income tax expense | 110.88 | 103.31 | 90.59 | 84.40 | 65.60 | 46.54 | 44.70 | 28.03 | 30.74 | -52.55 | 2.08 | -2.39 | -1.53 | ||
| Net income | 388.93 | 360.11 | 322.11 | 292.90 | 231.13 | 171.57 | 171.96 | 107.93 | 22.05 | 64.00 | -27.79 | -48.91 | -55.18 | -27.49 | -1.35 |
Show Quarterly Income Statement
Income Statement - NMI Holdings, Inc. (NMIH)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 183.48 | 180.47 | 178.68 | 173.78 | 173.25 | 166.50 | 166.09 | 162.12 | 156.25 | 151.38 | 148.16 | 142.69 | 136.78 | 133.11 | 130.58 | 133.24 | 127.53 | 125.18 | 124.04 | 121.42 | 114.99 | 108.52 | 107.35 | 106.71 | 113.61 | 102.27 | 102.73 | 89.50 | 75.63 | 79.80 | 66.30 | 67.56 | 59.97 | 51.11 | 48.45 | 42.22 | 36.86 | 34.92 | 34.72 | 29.42 | 22.86 | 19.29 | 15.04 | 10.79 | 10.39 | 6.83 | 6.62 | 4.51 | 4.25 | 2.18 | 2.16 | 0.75 | 0.47 | 0.28 | 0.00 | 0.00 | 0.00 |
| Cost of revenue | 20.66 | 21.17 | 18.72 | 13.56 | 4.59 | 17.44 | 10.53 | 0.47 | 3.83 | 8.42 | 5.05 | 3.14 | 6.78 | 3.58 | -3.19 | -2.70 | -0.19 | 0.15 | 3.99 | 5.12 | 5.55 | 4.01 | 16.22 | 35.42 | 6.43 | 4.27 | 3.48 | 3.28 | 2.79 | 2.14 | 1.10 | 0.64 | 1.57 | 2.37 | 0.96 | 1.37 | 0.64 | 0.80 | 0.66 | 0.47 | 0.46 | 0.37 | 0.18 | -0.01 | 0.10 | 0.35 | 0.02 | 0.07 | 0.02 | 60.74 | 7,302.40 | 15.23 | 12.37 | 11.64 | 7.88 | 4.05 | 0.38 |
| Gross profit | 162.81 | 159.30 | 159.96 | 160.22 | 168.65 | 149.07 | 155.56 | 161.65 | 152.42 | 142.96 | 143.11 | 139.55 | 130.00 | 129.53 | 133.77 | 135.94 | 127.72 | 125.04 | 120.05 | 116.30 | 109.44 | 104.52 | 91.12 | 71.29 | 107.18 | 98.00 | 99.25 | 86.22 | 72.84 | 77.66 | 65.20 | 66.92 | 58.40 | 48.74 | 47.49 | 40.84 | 36.22 | 34.12 | 34.06 | 28.95 | 22.40 | 18.92 | 14.85 | 10.80 | 10.29 | 6.49 | 6.60 | 4.44 | 4.23 | 2.18 | 2.16 | 0.75 | 0.47 | 0.28 | 0.00 | 0.00 | 0.00 |
| Total operating expenses | 37.87 | 38.15 | 36.28 | 36.62 | 37.28 | 38.19 | 36.24 | 43.01 | 37.86 | 37.78 | 35.81 | 35.50 | 33.83 | 34.75 | 35.18 | 38.75 | 40.98 | 46.87 | 42.60 | 42.65 | 41.98 | 42.90 | 41.77 | 36.31 | 35.02 | 35.21 | 35.31 | 35.26 | 33.86 | 32.41 | 33.35 | 34.58 | 31.87 | 31.68 | 28.00 | 31.35 | 29.48 | 27.06 | 27.77 | 26.94 | 26.30 | 23.74 | 19.65 | 20.91 | 18.35 | 17.32 | 17.85 | 18.60 | 19.28 | 15.26 | 16.03 | 17.02 | 12.43 | 13.08 | 8.11 | 6.20 | 0.39 |
| Operating income | 124.94 | 121.15 | 123.68 | 123.60 | 131.37 | 110.87 | 119.33 | 118.64 | 114.57 | 105.18 | 107.30 | 104.05 | 96.17 | 94.78 | 98.59 | 97.19 | 86.75 | 78.16 | 77.45 | 73.66 | 67.46 | 61.62 | 49.36 | 34.98 | 72.16 | 62.79 | 63.93 | 50.96 | 38.97 | 45.24 | 31.85 | 32.34 | 26.53 | 17.06 | 19.50 | 9.50 | 6.74 | 7.06 | 6.29 | 2.01 | -3.91 | -4.82 | -4.80 | -10.11 | -8.06 | -10.83 | -11.25 | -14.15 | -15.06 | -13.08 | -13.87 | -16.27 | -11.95 | -12.80 | -8.11 | -4.58 | -0.39 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.62 | 0.00 |
| Income before tax | 124.94 | 121.15 | 123.68 | 123.60 | 131.37 | 110.87 | 119.33 | 118.64 | 114.57 | 105.18 | 107.30 | 104.05 | 96.17 | 94.78 | 98.59 | 97.19 | 86.75 | 78.16 | 77.45 | 73.66 | 67.46 | 61.62 | 49.36 | 34.98 | 72.16 | 62.79 | 63.93 | 50.96 | 38.97 | 45.24 | 31.85 | 32.34 | 26.53 | 17.06 | 19.50 | 9.50 | 6.74 | 7.06 | 6.29 | 2.01 | -3.91 | -4.82 | -4.80 | -10.11 | -8.06 | -10.83 | -11.25 | -14.15 | -15.06 | -13.08 | -13.87 | -16.27 | -11.95 | -12.80 | -8.11 | -6.20 | -0.39 |
| Income tax expense | 25.61 | 26.93 | 27.68 | 27.45 | 28.81 | 24.71 | 26.52 | 26.57 | 25.52 | 21.77 | 23.35 | 23.77 | 21.72 | 21.84 | 21.75 | 21.75 | 19.07 | 17.64 | 17.26 | 16.13 | 14.57 | 13.35 | 11.18 | 8.13 | 13.89 | 12.59 | 14.17 | 11.86 | 6.08 | 9.72 | 7.04 | 7.10 | 4.18 | 18.83 | 7.19 | 3.48 | 1.25 | -54.50 | 0.11 | 3.74 | 3.66 | -35.04 | 0.33 | 0.24 | -0.24 | -0.81 | -0.28 | -1.30 | 0.04 | 68.68 | 0.81 | -1.11 | 0.04 | 1.91 | 0.00 | 0.00 | 0.00 |
| Net income | 99.33 | 94.22 | 96.00 | 96.15 | 102.56 | 86.17 | 92.81 | 92.08 | 89.05 | 83.41 | 83.96 | 80.28 | 74.46 | 72.94 | 76.84 | 75.44 | 67.68 | 60.52 | 60.19 | 57.52 | 52.89 | 48.27 | 38.18 | 26.85 | 58.27 | 50.20 | 49.76 | 39.10 | 32.90 | 35.52 | 24.81 | 25.24 | 22.36 | -1.77 | 12.31 | 6.01 | 5.49 | 61.56 | 6.18 | 2.01 | -3.91 | -4.82 | -4.80 | -10.35 | -7.82 | -10.02 | -10.98 | -12.86 | -15.06 | -13.08 | -13.87 | -16.27 | -11.95 | -12.80 | -8.11 | -6.20 | -0.39 |