NMI Holdings financials
$40.73−0.59%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $187.9M | $183.5M | $180.7M | $178.7M | $173.8M | $173.2M | $166.5M | $166.1M | $162.1M | $156.3M | $151.4M | $148.2M |
| Gross profit | $174.7M | $162.8M | $159.6M | $160.1M | $160.3M | $168.8M | $149.3M | $155.8M | $161.8M | $152.6M | $143.1M | $143.3M |
| Gross margin | 93.0% | 88.7% | 88.3% | 89.6% | 92.3% | 97.4% | 89.6% | 93.8% | 99.8% | 97.6% | 94.6% | 96.8% |
| Operating income | $144.3M | $132.2M | $128.5M | $131.0M | $130.8M | $138.6M | $118.2M | $126.6M | $133.5M | $122.7M | $113.4M | $115.6M |
| Net income | $105.8M | $99.3M | $94.2M | $96.0M | $96.2M | $102.6M | $86.2M | $92.8M | $92.1M | $89.0M | $83.4M | $84.0M |
| Net margin | 56.3% | 54.1% | 52.1% | 53.7% | 55.3% | 59.2% | 51.8% | 55.9% | 56.8% | 57.0% | 55.1% | 56.7% |
| Diluted EPS | $1.38 | $1.28 | $1.20 | $1.22 | $1.21 | $1.28 | $1.07 | $1.15 | $1.13 | $1.08 | $1.01 | $1.00 |
| EBITDA | $145.4M | $134.7M | $130.1M | $132.4M | $132.0M | $141.5M | $120.3M | $128.6M | $137.3M | $125.7M | $113.4M | $116.3M |
| Operating cash flow | $142.6M | $116.1M | $61.7M | $128.0M | $128.4M | $101.2M | $35.8M | $128.4M | $117.8M | $111.6M | $30.1M | $120.8M |
| Free cash flow | $140.2M | $115.0M | $60.1M | $126.3M | $126.7M | $99.4M | $34.4M | $126.9M | $115.9M | $109.4M | $28.6M | $117.5M |
| Diluted shares | 76.6M | 77.4M | 78.2M | 78.8M | 79.3M | 79.9M | 80.6M | 81.0M | 81.3M | 82.1M | 82.7M | 83.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $72.1M | $70.7M | $43.9M | $130.4M | $84.0M | $74.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $418.0M | $417.5M | $417.0M | $416.5M | $416.1M | $415.6M |
| Total assets | $4.00B | $3.91B | $3.84B | $3.73B | $3.59B | $3.46B |
| Total liabilities | $1.29B | $1.28B | $1.25B | $1.21B | $1.17B | $1.13B |
| Shareholders' equity | $2.71B | $2.63B | $2.59B | $2.51B | $2.42B | $2.32B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology