NMI Holdings, Inc.
NMI Holdings, Inc. (NMIH) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for NMI Holdings, Inc. (NMIH), covering cash flow, earnings, and balance sheets.
NMI Holdings, Inc. (NMIH) Income Statement & Financial Overview
View the income breakdown for NMI Holdings, Inc. NMIH across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $173.25M | $166.50M | $166.09M | $162.12M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $173.25M | $166.50M | $166.09M | $162.12M |
| Gross Profit Ratio | $1.00 | $1.00 | $1.00 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expenses | $41.88M | $55.63M | $46.77M | $43.48M |
| Total Costs & Expenses | $41.88M | $55.63M | $46.77M | $43.48M |
| Interest Income | $0.00 | $0.00 | $0.00 | $1.80M |
| Interest Expense | $7.11M | $7.10M | $7.08M | $14.68M |
| Depreciation & Amortization | $0.00 | $2.97M | $2.98M | $2.99M |
| EBITDA | $138.48M | $120.94M | $129.38M | $136.32M |
| EBITDA Ratio | $0.80 | $0.73 | $0.78 | $0.84 |
| Operating Income | $138.48M | $110.87M | $119.33M | $118.64M |
| Operating Income Ratio | $0.80 | $0.67 | $0.72 | $0.73 |
| Other Income/Expenses (Net) | -$7.11M | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $131.37M | $110.87M | $119.33M | $118.64M |
| Income Before Tax Ratio | $0.76 | $0.67 | $0.72 | $0.73 |
| Income Tax Expense | $28.81M | $24.71M | $26.52M | $26.57M |
| Net Income | $102.56M | $86.17M | $92.81M | $92.08M |
| Net Income Ratio | $0.59 | $0.52 | $0.56 | $0.57 |
| EPS | $1.31 | $1.09 | $1.17 | $1.15 |
| Diluted EPS | $1.28 | $1.07 | $1.15 | $1.13 |
| Weighted Avg Shares Outstanding | $78.41M | $79.00M | $79.55M | $80.12M |
| Weighted Avg Shares Outstanding (Diluted) | $79.86M | $80.62M | $81.05M | $81.30M |
Over the past four quarters, NMI Holdings, Inc. demonstrated steady revenue growth, increasing from $162.12M in Q2 2024 to $173.25M in Q1 2025. Operating income reached $138.48M in Q1 2025, maintaining a consistent 80% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $138.48M, reflecting operational efficiency. Net income rose to $102.56M, with EPS at $1.31. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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