MBIA Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	22	30	36	37	53	74
Investment Income	73	73	84	116	95	62
Net Gains on Investments	-13	-25	-81	-146	1	46
Total Other Revenues	2	2	3	-	8	7
Revenue	90	80	42	7	154	189
Revenue Growth (YoY)	109.30%	90.48%	500.00%	-95.45%	-18.52%	-32.98%
Insurance Benefits & Claims	-31	-20	184	177	38	350
Policy Amortization Costs	4	4	4	5	8	6
Other Operating Expenses	83	80	86	98	76	97
Operating Income	34	16	-232	-273	32	-264
Interest Expense	-193	-197	-209	-211	-180	-181
Total Non-Operating Income (Expense)	-193	-197	-209	-211	-180	-181
Pretax Income	-160	-181	-441	-484	-148	-445
Net Income	-163	-183	-444	-487	-203	-445
Minority Interest in Earnings	-	-6	3	4	-8	-
Earnings From Discontinued Operations	-3	-2	-3	-3	-54	-
Net Income to Common	-155	-177	-447	-491	-195	-445
Shares Outstanding (Basic)	50	49	47	48	50	49
Shares Outstanding (Diluted)	50	49	47	48	50	49
Shares Change (YoY)	3.80%	3.88%	-1.60%	-3.21%	0.67%	-16.29%
EPS (Basic)	-3.10	-3.58	-9.43	-10.18	-3.92	-8.99
EPS (Diluted)	-3.10	-3.58	-9.43	-10.18	-3.92	-8.99
Free Cash Flow	48	38	-176	-195	-418	510
Free Cash Flow Growth	26.32%	-	-	-	-	-
Free Cash Flow Per Share	0.97	0.77	-3.71	-4.05	-8.39	10.31
Operating Margin	37.78%	20.00%	-552.38%	-3900.00%	20.78%	-139.68%
Profit Margin	-181.11%	-228.75%	-1057.14%	-6957.14%	-131.82%	-235.45%
FCF Margin	53.33%	47.50%	-419.05%	-2785.71%	-271.43%	269.84%
EBITDA	34	16	-232	-273	32	-264
EBIT	34	16	-232	-273	32	-264
EBIT Margin	37.78%	20.00%	-552.38%	-3900.00%	20.78%	-139.68%

SEC Filings: 10-K · 10-Q