NMI Holdings, Inc.NMIHEarnings & Financial Report
NMI Holdings, Inc. is a leading U.S.-headquartered private mortgage insurance provider. It offers mortgage guarantee insurance solutions to lending institutions to mitigate credit risks associated with residential home loans, primarily serving the U.S. domestic housing market, supporting accessible homeownership for qualified borrowers while shielding lenders from default-related losses.
NMIH Q1 FY2026 Key Financial Metrics
Revenue
$183.5M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$99.3M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
54.1%
YoY Growth
5.9%
EPS
$1.28
NMI Holdings, Inc. Q1 FY2026 Financial Summary
NMI Holdings, Inc. reported revenue of $183.5M (up 5.9% YoY) for Q1 FY2026, with a net profit of $99.3M (54.1% margin).
Key Financial Metrics
| Total Revenue | $183.5M |
|---|---|
| Net Profit | $99.3M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
NMI Holdings, Inc. Annual Revenue by Year
NMI Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $706.4M).
NMI Holdings, Inc. Quarterly Revenue & Net Profit History
NMI Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $183.5M | +5.9% | $99.3M | 54.1% |
| Q4 FY2025 | $180.7M | +8.5% | $94.2M | 52.1% |
| Q3 FY2025 | $178.7M | +7.6% | $96.0M | 53.7% |
| Q2 FY2025 | $173.8M | +7.2% | $96.2M | 55.3% |
| Q1 FY2025 | $173.2M | +10.9% | $102.6M | 59.2% |
| Q4 FY2024 | $166.5M | +10.0% | $86.2M | 51.8% |
| Q3 FY2024 | $166.1M | +12.1% | $92.8M | 55.9% |
| Q2 FY2024 | $162.1M | +13.6% | $92.1M | 56.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $162.1M | $166.1M | $166.5M | $173.2M | $173.8M | $178.7M | $180.7M | $183.5M |
| YoY Growth | 13.6% | 12.1% | 10.0% | 10.9% | 7.2% | 7.6% | 8.5% | 5.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.10B | $3.32B | $3.35B | $3.46B | $3.59B | $3.73B | $3.84B | $3.91B |
| Liabilities | $1.06B | $1.12B | $1.13B | $1.13B | $1.17B | $1.21B | $1.25B | $1.28B |
| Equity | $2.05B | $2.20B | $2.22B | $2.32B | $2.42B | $2.51B | $2.59B | $2.63B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $117.8M | $128.4M | $393.6M | $101.2M | $128.4M | $128.0M | $419.3M |