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NMI Holdings, Inc. (NMIH)

Nasdaq Financials Commercial & Residential Mortgage Finance S&P SmallCap 600
$39.03
-5.24 (-11.84%)
Close of Nov 06, 2026 · end-of-day data
Source: NMI Holdings, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$123.81M$182.74M$275.02M$378.77M$433.28M$485.07M$523.35M$579.00M$650.97M$706.44M
Interest expense$14.85M$13.53M$14.98M$12.09M$24.39M$31.80M$32.16M$32.21M$36.90M$28.48M
Pre-tax income$11.45M$52.79M$135.96M$216.65M$218.11M$296.73M$377.31M$412.70M$463.41M$499.80M
Income tax-$52.55M$30.74M$28.03M$44.70M$46.54M$65.59M$84.40M$90.59M$103.31M$110.88M
Net income$64.00M$22.05M$107.93M$171.96M$171.57M$231.13M$292.90M$322.11M$360.11M$388.93M
EPS (basic)$1.08$0.37$1.66$2.54$2.20$2.70$3.45$3.91$4.51$5.01
EPS (diluted)$1.05$0.35$1.60$2.47$2.13$2.65$3.39$3.84$4.43$4.92
Diluted shares60.83M62.19M67.65M69.72M79.26M86.89M86.00M83.85M81.27M79.04M
Net margin51.7%12.1%39.2%45.4%39.6%47.6%56.0%55.6%55.3%55.1%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$47.75M$19.20M$25.29M$41.09M$126.94M$76.65M$44.43M$96.69M$54.31M$43.94M
Goodwill$3.24M$3.24M$3.24M$3.24M$3.24M$3.24M$3.24M$3.24M$3.24M$3.24M
Total assets$839.90M$894.85M$1.09B$1.36B$2.17B$2.45B$2.52B$2.94B$3.35B$3.84B
Long-term debt$144.35M$143.88M$146.76M$145.76M$393.30M$394.62M$396.05M———
Total debt$144.35M$143.88M$146.76M$145.76M$393.30M$394.62M$396.05M———
Total liabilities$364.39M$385.77M$390.54M$434.40M$797.08M$884.79M$902.30M$1.01B$1.13B$1.25B
Shareholders' equity$475.51M$509.08M$701.50M$930.42M$1.37B$1.57B$1.61B$1.93B$2.22B$2.59B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$71.94M$67.76M$145.86M$208.15M$252.60M$325.72M$313.39M$342.68M$393.60M$419.30M
Capital expenditures$11.47M$8.51M$8.06M$9.96M$12.16M$12.24M$10.57M$9.37M$6.91M$6.78M
Free cash flow$60.47M$59.25M$137.80M$198.19M$240.44M$313.48M$302.82M$333.31M$386.70M$412.52M
Investing cash flow-$79.79M-$93.07M-$220.65M-$194.35M-$629.55M-$374.18M-$289.79M-$200.00M-$339.29M-$316.47M
Financing cash flow-$1.72M-$3.24M$80.89M$2.00M$462.80M-$1.83M-$55.83M-$90.42M-$96.70M-$113.20M
Share buybacks————$0$0$56.58M$91.61M$97.61M$105.10M
Stock-based compensation$6.85M$9.48M$12.56M$13.03M$11.12M$16.68M$15.43M$16.91M$19.81M$20.19M
Depreciation & amortization$4.90M$6.70M$7.80M$9.30M$9.90M$11.20M$11.90M$11.50M$11.90M$11.30M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.