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	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
Net Interest Income	113.24	102.94	85.32	67.51	46.41	38.07
Net Interest Income Growth	20.69%	20.65%	26.37%	45.48%	21.89%	19.36%
Non-Interest Income	617.54	603.5	565.66	511.49	476.94	447
Non-Interest Income Growth	5.42%	6.69%	10.59%	7.25%	6.70%	11.36%
Revenues Before Loan Losses	730.78	706.44	650.97	579	523.35	485.07
Revenue	730.78	706.44	650.97	579	523.35	485.07
Revenue Growth	7.53%	8.52%	12.43%	10.63%	7.89%	11.95%
Selling, General & Admin	121.34	119.91	118.4	110.7	117.49	142.3
Other Non-Interest Expenses	102.72	86.73	69.16	55.6	28.55	46.04
Total Non-Interest Expense	224.06	206.64	187.56	166.3	146.04	188.35
Pretax Income	506.72	499.8	463.41	412.7	377.31	296.73
Provision for Income Taxes	111.39	110.88	103.31	90.59	84.4	65.6
Net Income	395.33	388.93	360.11	322.11	292.9	231.13
Net Income to Common	395.33	388.93	360.11	322.11	292.9	231.13
Net Income Growth	4.67%	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	-3.03%	-2.75%	-3.08%	-2.49%	-1.02%	9.62%
EPS (Basic)	5.17	5.01	4.51	3.91	3.45	2.70
EPS (Diluted)	5.08	4.92	4.43	3.84	3.39	2.65
EPS Growth	7.86%	11.06%	15.37%	13.27%	27.93%	24.41%

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	441.61	412.52	386.7	333.31	302.82	313.48
Free Cash Flow Growth	13.96%	6.68%	16.02%	10.07%	-3.40%	30.38%
Free Cash Flow Per Share	5.68	5.22	4.76	3.97	3.52	3.61
Profit Margin	54.10%	55.05%	55.32%	55.63%	55.97%	47.65%
FCF Margin	60.43%	58.39%	59.40%	57.57%	57.86%	64.63%
Effective Tax Rate	21.98%	22.18%	22.29%	21.95%	22.37%	22.11%

SEC Filings: 10-K · 10-Q