NMIH - NASDAQ
NMI Holdings, Inc.
$35.42
-0.31%NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.
At a Glance
Live SnapshotNMI Holdings, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
NMI Holdings, Inc. Income Statement
NMIH • NASDAQ
| NMI Holdings, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||
705.6M | 651M | 579M | 524.5M | 485.6M | 436.2M | 370.1M | 273.6M | 178.6M | 121.9M | 55.5M | 22.2M | 5.6M | 284K | 0.0 | |
GROSS PROFIT | |||||||||||||||
(57.6M) | (32.3M) | (23.4M) | -2.5M | (14.8M) | (62.1M) | (14.8M) | (5.7M) | (6M) | (2.4M) | (650K) | (456K) | (1K) | (0.0) | (0.0) | |
647.9M | 618.7M | 555.6M | 527M | 470.8M | 374.1M | 355.4M | 267.9M | 172.7M | 119.5M | 54.9M | 21.8M | 5.6M | 284K | 0.0 | |
OPERATING INCOME | |||||||||||||||
(148.1M) | (155.3M) | (142.9M) | (149.7M) | (174.1M) | (156M) | (138.7M) | (131.9M) | (119.9M) | (108.1M) | (82.7M) | (73M) | (60.7M) | (27.8M) | (1.2M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2.2M) | (270K) | (617K) | (0.0) | (0.0) | (0.0) | (0.0) | (22.9M) | (1.2M) | |
499.8M | 463.4M | 412.7M | 377.3M | 296.7M | 218.1M | 216.7M | 136M | 52.8M | 11.5M | -27.8M | -51.3M | -55.2M | -27.5M | -1.3M | |
PRE-TAX INCOME | |||||||||||||||
(28.5M) | (36.9M) | (32.2M) | (32.2M) | (31.8M) | (24.4M) | (12.1M) | (15M) | (13.5M) | (14.8M) | (2.1M) | (0.0) | (0.0) | (1.6M) | (3.7K) | |
-28.5M | -31.9M | -29.9M | -31.8M | -31.8M | -24.4M | -12.1M | -15M | -13.5M | -14.8M | -2.1M | 0.0 | 0.0 | -1.6M | -3.7K | |
(148.1M) | (155.3M) | (142.9M) | (149.7M) | (174.1M) | (156M) | (136.5M) | (131.7M) | (119.3M) | (108.1M) | (82.7M) | (73M) | (60.7M) | (4.9M) | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -3.7K | |
499.8M | 463.4M | 412.7M | 377.3M | 296.7M | 218.1M | 216.7M | 136M | 52.8M | 11.5M | -27.8M | -51.3M | -55.2M | -27.5M | -1.3M | |
NET INCOME | |||||||||||||||
(110.9M) | (103.3M) | (90.6M) | (84.4M) | (65.6M) | (46.5M) | (44.7M) | (28M) | (30.7M) | -52.5M | (0.0) | -2.4M | (0.0) | (0.0) | (0.0) | |
388.9M | 360.1M | 322.1M | 292.9M | 231.1M | 171.6M | 172M | 107.9M | 22.1M | 64M | -27.8M | -48.9M | -55.2M | -27.5M | -1.3M |
SEC Filings
NMIH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 14, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 01, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 10, 2026 | February 10, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | July 30, 2025 | June 30, 2025 | 2025 |
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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