NMI Holdings 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 Interest Income	107.86	102.94	85.32	67.51	46.41	38.07
Net Interest Income Growth	20.42%	20.65%	26.37%	45.48%	21.89%	19.36%
Non-Interest Income	608.81	603.5	565.66	511.49	476.94	447
Non-Interest Income Growth	5.26%	6.69%	10.59%	7.25%	6.70%	11.36%
Revenues Before Loan Losses	716.67	706.44	650.97	579	523.35	485.07
Revenue	716.67	706.44	650.97	579	523.35	485.07
Revenue Growth (YoY)	7.29%	8.52%	12.43%	10.63%	7.89%	11.95%
Selling, General & Admin	120.36	119.91	118.4	110.7	117.49	142.3
Other Non-Interest Expenses	102.94	86.73	69.16	55.6	28.55	46.04
Total Non-Interest Expense	223.29	206.64	187.56	166.3	146.04	188.35
Pretax Income	493.38	499.8	463.41	412.7	377.31	296.73
Provision for Income Taxes	107.68	110.88	103.31	90.59	84.4	65.6
Net Income	385.7	388.93	360.11	322.11	292.9	231.13
Net Income to Common	385.7	388.93	360.11	322.11	292.9	231.13
Net Income Growth	3.23%	8.00%	11.80%	9.97%	26.73%	34.72%
Shares Outstanding (Basic)	77	78	80	82	85	86
Shares Outstanding (Diluted)	78	79	81	84	86	87
Shares Change (YoY)	-2.82%	-2.75%	-3.08%	-2.49%	-1.02%	9.62%
EPS (Basic)	5.00	5.01	4.51	3.91	3.45	2.70
EPS (Diluted)	4.91	4.92	4.43	3.84	3.39	2.65
EPS Growth	6.05%	11.06%	15.37%	13.27%	27.93%	24.41%
Shares Outstanding	76.15	76.29	78.6	80.88	83.55	85.79
Free Cash Flow	428.06	412.52	386.7	333.31	302.82	313.48
Free Cash Flow Growth	3.77%	6.68%	16.02%	10.07%	-3.40%	30.38%
Free Cash Flow Per Share	5.46	5.22	4.76	3.97	3.52	3.61
Profit Margin	53.82%	55.05%	55.32%	55.63%	55.97%	47.65%
FCF Margin	59.73%	58.39%	59.40%	57.57%	57.86%	64.63%
EBITDA	10.85	11.26	11.94	11.54	11.87	11.23
EBITDA Margin	1.51%	1.59%	1.83%	1.99%	2.27%	2.32%
Effective Tax Rate	21.82%	22.18%	22.29%	21.95%	22.37%	22.11%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q