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NMI Holdings, Inc. income statement

In fiscal 2025, NMI Holdings, Inc. reported revenue of $706m, up 8.5% on the year before and net income of $389m, or $4.92 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

NMI Holdings, Inc.: income statement, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue071954124183275379433485523579651706731
Interest expense—0021514151224323232372828
Income before tax−27−55−51−281153136217218297377413463500507
Income tax00−20−5331284547668491103111111
Net income−27−55−49−286422108172172231293322360389395
Diluted EPS−$0.73−$0.99−$0.84−$0.47$1.05$0.35$1.60$2.47$2.13$2.65$3.39$3.84$4.43$4.92$5.08
Diluted shares (average)38m56m58m59m61m62m68m70m79m87m86m84m81m79m78m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from NMI Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to NMI Holdings, Inc.