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Side-by-side financial comparison of NMI Holdings, Inc. (NMIH) and RESOURCES CONNECTION, INC. (RGP). Click either name above to swap in a different company.

NMI Holdings, Inc. is the larger business by last-quarter revenue ($183.5M vs $117.7M, roughly 1.6× RESOURCES CONNECTION, INC.). NMI Holdings, Inc. runs the higher net margin — 54.1% vs -10.8%, a 64.9% gap on every dollar of revenue. On growth, NMI Holdings, Inc. posted the faster year-over-year revenue change (5.9% vs -19.2%). Over the past eight quarters, NMI Holdings, Inc.'s revenue compounded faster (6.4% CAGR vs -11.8%).

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.

RGP, formerly known as Resources Global Professionals, is the operating arm of Resources Connection, Inc.. The company provides consulting services in the areas of finance & accounting, information management, governance, risk & compliance (GRC), human capital, legal & regulatory, corporate advisory & restructuring, strategic communications, and supply chain management. As of fiscal year ending May 28, 2016, the company employed 3,283 professionals in 68 offices in 20 countries around the wor...

NMIH vs RGP — Head-to-Head

Bigger by revenue
NMIH
NMIH
1.6× larger
NMIH
$183.5M
$117.7M
RGP
Growing faster (revenue YoY)
NMIH
NMIH
+25.1% gap
NMIH
5.9%
-19.2%
RGP
Higher net margin
NMIH
NMIH
64.9% more per $
NMIH
54.1%
-10.8%
RGP
Faster 2-yr revenue CAGR
NMIH
NMIH
Annualised
NMIH
6.4%
-11.8%
RGP

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
NMIH
NMIH
RGP
RGP
Revenue
$183.5M
$117.7M
Net Profit
$99.3M
$-12.7M
Gross Margin
37.1%
Operating Margin
-10.3%
Net Margin
54.1%
-10.8%
Revenue YoY
5.9%
-19.2%
Net Profit YoY
81.6%
EPS (diluted)
$1.28
$-0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NMIH
NMIH
RGP
RGP
Q1 26
$183.5M
Q4 25
$180.7M
$117.7M
Q3 25
$178.7M
$120.2M
Q2 25
$173.8M
$139.3M
Q1 25
$173.2M
$129.4M
Q4 24
$166.5M
$145.6M
Q3 24
$166.1M
$136.9M
Q2 24
$162.1M
$148.2M
Net Profit
NMIH
NMIH
RGP
RGP
Q1 26
$99.3M
Q4 25
$94.2M
$-12.7M
Q3 25
$96.0M
$-2.4M
Q2 25
$96.2M
$-73.3M
Q1 25
$102.6M
$-44.1M
Q4 24
$86.2M
$-68.7M
Q3 24
$92.8M
$-5.7M
Q2 24
$92.1M
$10.5M
Gross Margin
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
37.1%
Q3 25
39.5%
Q2 25
40.2%
Q1 25
35.1%
Q4 24
38.5%
Q3 24
36.5%
Q2 24
40.2%
Operating Margin
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
67.0%
-10.3%
Q3 25
69.2%
-1.7%
Q2 25
71.1%
-47.0%
Q1 25
75.8%
-38.4%
Q4 24
66.6%
-52.7%
Q3 24
71.8%
-3.5%
Q2 24
73.2%
7.6%
Net Margin
NMIH
NMIH
RGP
RGP
Q1 26
54.1%
Q4 25
52.1%
-10.8%
Q3 25
53.7%
-2.0%
Q2 25
55.3%
-52.6%
Q1 25
59.2%
-34.0%
Q4 24
51.8%
-47.2%
Q3 24
55.9%
-4.2%
Q2 24
56.8%
7.1%
EPS (diluted)
NMIH
NMIH
RGP
RGP
Q1 26
$1.28
Q4 25
$1.21
$-0.38
Q3 25
$1.22
$-0.07
Q2 25
$1.21
$-2.21
Q1 25
$1.28
$-1.34
Q4 24
$1.07
$-2.08
Q3 24
$1.15
$-0.17
Q2 24
$1.13
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NMIH
NMIH
RGP
RGP
Cash + ST InvestmentsLiquidity on hand
$70.7M
$89.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$194.6M
Total Assets
$3.9B
$289.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMIH
NMIH
RGP
RGP
Q1 26
$70.7M
Q4 25
$89.8M
Q3 25
$77.5M
Q2 25
$86.1M
Q1 25
$72.5M
Q4 24
$78.2M
Q3 24
$89.6M
Q2 24
$108.9M
Stockholders' Equity
NMIH
NMIH
RGP
RGP
Q1 26
$2.6B
Q4 25
$2.6B
$194.6M
Q3 25
$2.5B
$206.4M
Q2 25
$2.4B
$207.1M
Q1 25
$2.3B
$277.8M
Q4 24
$2.2B
$325.7M
Q3 24
$2.2B
$407.2M
Q2 24
$2.0B
$418.8M
Total Assets
NMIH
NMIH
RGP
RGP
Q1 26
$3.9B
Q4 25
$3.8B
$289.3M
Q3 25
$3.7B
$287.2M
Q2 25
$3.6B
$304.7M
Q1 25
$3.5B
$375.6M
Q4 24
$3.3B
$424.9M
Q3 24
$3.3B
$512.9M
Q2 24
$3.1B
$510.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NMIH
NMIH
RGP
RGP
Operating Cash FlowLast quarter
$15.9M
Free Cash FlowOCF − Capex
$15.6M
FCF MarginFCF / Revenue
13.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$24.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
$419.3M
$15.9M
Q3 25
$128.0M
$-7.8M
Q2 25
$128.4M
$16.8M
Q1 25
$101.2M
$659.0K
Q4 24
$393.6M
$1.8M
Q3 24
$128.4M
$-309.0K
Q2 24
$117.8M
$3.2M
Free Cash Flow
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
$412.5M
$15.6M
Q3 25
$126.3M
$-8.0M
Q2 25
$126.7M
$16.5M
Q1 25
$99.4M
$238.0K
Q4 24
$386.7M
$61.0K
Q3 24
$126.9M
$-575.0K
Q2 24
$115.9M
$3.0M
FCF Margin
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
228.2%
13.2%
Q3 25
70.7%
-6.6%
Q2 25
72.9%
11.8%
Q1 25
57.4%
0.2%
Q4 24
232.2%
0.0%
Q3 24
76.4%
-0.4%
Q2 24
71.5%
2.1%
Capex Intensity
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
3.8%
0.3%
Q3 25
1.0%
0.1%
Q2 25
0.9%
0.2%
Q1 25
1.0%
0.3%
Q4 24
4.1%
1.2%
Q3 24
0.9%
0.2%
Q2 24
1.1%
0.1%
Cash Conversion
NMIH
NMIH
RGP
RGP
Q1 26
Q4 25
4.45×
Q3 25
1.33×
Q2 25
1.33×
Q1 25
0.99×
Q4 24
4.57×
Q3 24
1.38×
Q2 24
1.28×
0.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NMIH
NMIH

Segment breakdown not available.

RGP
RGP

US$93.7M80%
Non Us$24.0M20%

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