NMIH · XBRL financial data

NMI Holdings financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NMIH's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	148	151*	156	162	166	167*	173	174	179	181*	183	188
Interest expense	8	8	8	15	7	7*	7	7	7	7*	7	7
Income tax expense (benefit)	23	22	26	27	27	25*	29	27	28	27*	26	31
Net income (loss)	84	83	89	92	93	86*	103	96	96	94*	99	106
Earnings per share, basic USD per share	1.02	1.03	1.10	1.15	1.17	1.09*	1.31	1.23	1.24	1.23*	1.30	1.40
Earnings per share, diluted USD per share	1.00	1.01	1.08	1.13	1.15	1.07*	1.28	1.21	1.22	1.20*	1.28	1.38
Weighted average shares, basic millions of shares	82	81	81	80	80	79*	78	78	77	77*	76	76
Weighted average shares, diluted millions of shares	84	83	82	81	81	81*	80	79	79	78*	77	77

Fiscal quarters (NMIH's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	176	97	140	63	133	54	74	84	130	44	71	72
Property and equipment, net	32	30	30	29	27	26	25	24	23	22	21	21
Right-of-use asset	—	9	—	—	—	8	—	—	—	7	—	—
Goodwill	—	3	—	—	—	3	—	—	—	3	—	—
Total assets	2,762	2,941	3,006	3,102	3,320	3,350	3,456	3,591	3,727	3,841	3,910	3,997
Total liabilities	971	1,015	1,028	1,056	1,125	1,133	1,135	1,171	1,212	1,249	1,277	1,292
Retained earnings	1,140	1,223	1,312	1,404	1,497	1,583	1,686	1,782	1,878	1,972	2,072	2,177
Total stockholders' equity	1,791	1,926	1,978	2,046	2,195	2,217	2,322	2,420	2,515	2,592	2,632	2,705
Total liabilities and equity	2,762	2,941	3,006	3,102	3,320	3,350	3,456	3,591	3,727	3,841	3,910	3,997
Common shares outstanding (cover page) millions of shares	81	81	80	80	79	78	78	78	77	76	76	75

Fiscal quarters (NMIH's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	84	83	89	92	93	86*	103	96	96	94*	99	106
Stock-based compensation	4*	6*	4	4*	4*	7*	5	5*	5*	6*	5	5*
Depreciation and amortization	—	year only	—	—	—	year only	—	—	—	year only	—	—
Net cash from operating activities	121*	30*	112	118*	128*	36*	101	128*	128*	62*	116	143*
Purchases of property and equipment	3*	1*	2	2*	1*	1*	2	2*	2*	2*	1	2*
Net cash from investing activities	2*	(82)*	(38)	(175)*	(41)*	(86)*	(48)	(94)*	(57)*	(118)*	(48)	(108)*
Share repurchases	19*	32*	25	27*	17*	29*	26	24*	25*	31*	28	32*
Proceeds from long-term debt	—	year only	—	—	—	year only	—	—	—	year only	—	—
Repayments of long-term debt	—	year only	—	—	—	year only	—	—	—	year only	—	—
Net cash from financing activities	(19)*	(28)*	(31)	(20)*	(17)*	(29)*	(34)	(24)*	(25)*	(31)*	(41)	(33)*
Net change in cash	103*	(80)*	43	(77)*	71*	(79)*	20	10*	46*	(87)*	27	1*

SIC 6351 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6351 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
NMI Holdings	72	188	143*	75.2M	Q2 FY26 10-QJun 30, 2026
Assured Guaranty	331	195	40*	44.0M	Q2 FY26 10-QJun 30, 2026
Radian Group	119	575	343*	132.3M	Q2 FY26 10-QJun 30, 2026
Essent Group	74	363	197*	89.9M	Q2 FY26 10-QJun 30, 2026
Mgic Investment	207	295	185*	205.1M	Q2 FY26 10-QJun 30, 2026
Old Republic International	336	2,551	429*	239.8M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.