NMI Holdings, Inc. (NMIH)

NMI Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	3,169	3,050	2,641	2,347	1,925	2,075
Other Investments	89.14	86.62	82.62	23.81	174.08	11.02
Total Investments	3,258	3,137	2,724	2,371	2,099	2,086
Cash & Equivalents	72.12	43.94	54.22	95.35	42.25	73.48
Reinsurance Recoverable	40.43	38.58	32.26	27.51	21.59	20.32
Other Receivables	117.65	113.51	105.19	96.24	83.82	72.26
Deferred Policy Acquisition Cost	64.65	64.37	64.33	62.91	58.56	59.58
Property, Plant & Equipment	20.76	28.43	33.88	39.35	42.33	34.65
Goodwill	-	3.24	3.24	3.24	3.24	3.24
Other Intangible Assets	3.63	0.39	0.39	0.39	0.39	0.39
Restricted Cash	-	-	0.09	1.34	2.18	3.17
Other Current Assets	400.26	400.26	322.18	235.29	154.41	89.24
Long-Term Deferred Charges	1.5	1.8	2.3	0.8	1.2	-
Other Long-Term Assets	18.43	9.56	8.36	7.07	6.67	8.32
Total Assets	3,997	3,841	3,350	2,941	2,516	2,451

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	89	92	87.56	83.69	72.08	69.5
Accrued Expenses	9.6	9.6	15.6	2.5	2.5	2.5
Unpaid Claims	214.58	196.43	152.07	123.97	99.84	103.55
Unearned Premiums	41.51	46.66	65.22	92.3	123.04	139.24
Reinsurance Payable	-	-	-	-	2.67	5.6
Current Portion of Leases	-	2.21	-	-	-	-
Long-Term Debt	418.02	417.03	415.15	397.6	396.05	394.62
Long-Term Leases	8.13	6.3	10.3	11.4	12.1	2.9
Long-Term Deferred Tax Liabilities	511.35	478.89	386.19	301.57	193.86	164.18
Other Long-Term Liabilities	-	-	0.45	1.48	0.17	2.71
Total Liabilities	1,292	1,249	1,133	1,015	902.3	884.8

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.89	0.88	0.88	0.87	0.87	0.86
Additional Paid-In Capital	1,013	1,017	1,005	990.82	972.72	955.3
Retained Earnings	2,177	1,972	1,583	1,223	901.04	608.14
Treasury Stock	-411.21	-351.77	-246.59	-148.92	-56.58	-
Comprehensive Income & Other	-74.32	-46.08	-124.8	-139.92	-204.32	1.49
Shareholders' Equity	2,705	2,592	2,217	1,926	1,614	1,566
Total Liabilities & Equity	3,997	3,841	3,350	2,941	2,516	2,451

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	75.22	76.03	78.45	80.88	83.66	85.84
Total Common Shares Outstanding	75.37	76.29	78.6	80.88	83.55	85.79
Total Debt	426.15	425.54	425.45	409	408.15	397.52
Net Cash (Debt)	-354.02	-381.6	-371.23	-313.64	-365.9	-324.04
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.55	-4.83	-4.57	-3.74	-4.25	-3.73
Book Value Per Share	35.89	33.98	28.21	23.81	19.31	18.25
Tangible Book Value	2,702	2,588	2,214	1,922	1,610	1,562
Tangible Book Value Per Share	35.85	33.93	28.17	23.77	19.27	18.21
Machinery	-	11.2	10.49	11.41	10.73	9.65
Leasehold Improvements	-	2.51	2.51	2.51	2.51	3.4

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 19, 2026

Data Sources Report a data error