NMI Holdings (NMIH) Cost of Revenue (2013 - 2026)

NMI Holdings (NMIH) has 14 years of Cost of Revenue data on file, last reported at $20.7 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 361.39% year-over-year to $20.7 million; the trailing twelve-month figure through Mar 2026 stood at $94.3 million (up 191.79% YoY), and the FY2025 full-year result was $119.9 million, up 280.13% from the prior year.
• Cost of Revenue fell to $20.7 million in Q1 2026, from $31.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $32.9 million in Q1 2022 to a low of $276000.0 in Q2 2024.
• A 5-year average of $19.7 million and a median of $25.8 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue sank 98.99% in 2024 and soared 4771.38% in 2025, its largest moves.
• Tracing NMIH's Cost of Revenue over 5 years: stood at $26.7 million in 2022, then climbed by 11.25% to $29.7 million in 2023, then sank by 41.94% to $17.3 million in 2024, then surged by 80.08% to $31.1 million in 2025, then slumped by 33.5% to $20.7 million in 2026.
• Business Quant data shows NMIH's Cost of Revenue at $20.7 million in Q1 2026, $31.1 million in Q4 2025, and $29.2 million in Q3 2025.