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NMI Holdings, Inc. revenue

NMI Holdings, Inc.'s revenue was $706m in fiscal 2025, up 8.5% on the year before. Since fiscal 2012 ($284,000) it has grown at a compound 82.5% a year. Over the last twelve months it was $731m.

Revenue history

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

NMI Holdings, Inc.: revenue history, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue071954124183275379433485523579651706731
Growth on the year before—+>999%+171.2%+178.9%+131.0%+47.6%+50.5%+37.7%+14.4%+12.0%+7.9%+10.6%+12.4%+8.5%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Commercial & Residential Mortgage Finance: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
NMI Holdings, Inc. $731m 7.5% 10.4%
Onity Group Inc. $1.15bn 16.3% 3.5%
Mgic Investment Corp $1.20bn -1.9% 1.0%
Federal Agricultural Mortgage Corp $446m 14.7% 11.7%
Enact Holdings, Inc. $1.25bn 2.5% 4.1%
Loandepot, Inc. $1.26bn 11.4% 10.8%

Compare with peers

Head to head: NMIH vs ONITMTG vs NMIHAGM vs NMIH

More: Commercial & Residential Mortgage Finance stocks compared, Financials sector, rankings of US companies

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.