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	Jun '26 Jun 30, 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
Premiums & Annuity Revenue	28	30	36	37	53	74
Total Interest & Dividend Income	71	73	84	116	95	62
Gain (Loss) on Sale of Investments	-24	-25	-59	-87	-84	15
Other Revenue	13	19	-34	-59	11	-38
Total Revenue	88	97	27	7	75	113
Revenue Growth	-24.79%	259.26%	285.71%	-90.67%	-33.63%	-68.70%
Policy Benefits	-30	-20	184	177	38	350
Policy Acquisition & Underwriting Costs	4	4	4	5	8	6
Selling, General & Administrative	73	80	86	98	76	97
Total Operating Expenses	47	64	274	280	122	453
Operating Income	41	33	-247	-273	-47	-340
Interest Expense	-193	-196	-209	-198	-101	-163
Currency Exchange Gain (Loss)	5	-18	15	-13	-	28
EBT Excluding Unusual Items	-147	-181	-441	-484	-148	-475
Other Unusual Items	-	-	-	-	-	30
Pretax Income	-147	-181	-441	-484	-148	-445
Income Tax Expense	-	-	-	-	1	-
Earnings From Continuing Ops.	-147	-181	-441	-484	-149	-445
Earnings From Discontinued Ops.	-3	-2	-3	-3	-46	-
Net Income to Company	-150	-183	-444	-487	-195	-445
Minority Interest in Earnings	5	6	-3	-4	-	-
Net Income	-145	-177	-447	-491	-195	-445
Net Income to Common	-145	-177	-447	-491	-195	-445
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	50	49	47	48	50	49
Shares Outstanding (Diluted)	50	49	47	48	50	49
Shares Change	3.04%	3.88%	-1.60%	-3.21%	0.67%	-16.25%
EPS (Basic)	-2.91	-3.59	-9.42	-10.19	-3.92	-8.99
EPS (Diluted)	-2.91	-3.59	-9.42	-10.19	-3.92	-8.99
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	43	38	-176	-195	-418	510
Free Cash Flow Per Share	0.86	0.77	-3.71	-4.04	-8.39	10.31
Operating Margin	46.59%	34.02%	-914.81%	-3900.00%	-62.67%	-300.88%
Profit Margin	-164.77%	-182.47%	-1655.56%	-7014.29%	-260.00%	-393.81%
Free Cash Flow Margin	48.86%	39.17%	-651.85%	-2785.71%	-557.33%	451.33%
EBIT	41	33	-247	-273	-47	-340
EBIT Margin	46.59%	34.02%	-	-	-62.67%	-
Revenue as Reported	94	80	42	7	154	189

SEC Filings: 10-K · 10-Q