Growth Metrics

NMI Holdings (NMIH) EBITDA (2016 - 2025)

NMI Holdings' EBITDA history spans 14 years, with the latest figure at $121.4 million for Q4 2025.

  • For Q4 2025, EBITDA rose 179.99% year-over-year to $121.4 million; the TTM value through Dec 2025 reached $487.2 million, up 29.86%, while the annual FY2025 figure was $482.3 million, 28.54% up from the prior year.
  • EBITDA for Q4 2025 was $121.4 million at NMI Holdings, up from $115.1 million in the prior quarter.
  • Across five years, EBITDA topped out at $162.2 million in Q3 2024 and bottomed at -$31.1 million in Q1 2022.
  • The 5-year median for EBITDA is $70.5 million (2021), against an average of $71.9 million.
  • The largest annual shift saw EBITDA plummeted 501.06% in 2022 before it surged 1077.37% in 2023.
  • A 5-year view of EBITDA shows it stood at $42.7 million in 2021, then crashed by 68.72% to $13.3 million in 2022, then soared by 1077.37% to $157.1 million in 2023, then plummeted by 72.4% to $43.4 million in 2024, then soared by 179.99% to $121.4 million in 2025.
  • Per Business Quant, the three most recent readings for NMIH's EBITDA are $121.4 million (Q4 2025), $115.1 million (Q3 2025), and $117.4 million (Q2 2025).