NMI Holdings (NMIH) Operating Expenses (2012 - 2026)

NMI Holdings' Operating Expenses history runs 15 years deep, the most recent figure standing at $58.5 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 39.78% year-over-year to $58.5 million; the TTM figure through Mar 2026 stood at $223.3 million (up 18.93% YoY), while the FY2025 annual figure was $206.6 million, up 10.17% from the prior year.
• Operating Expenses came in at $58.5 million for Q1 2026 at NMI Holdings, down from $59.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $59.6 million in Q4 2025 to a low of $32.0 million in Q3 2022.
• A 5-year average of $45.0 million and a median of $41.9 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses plunged 31.34% in 2022 and surged 39.78% in 2026, its largest moves.
• NMI Holdings' Operating Expenses stood at $38.3 million in 2022, then gained by 20.54% to $46.2 million in 2023, then advanced by 20.42% to $55.6 million in 2024, then grew by 7.11% to $59.6 million in 2025, then dropped by 1.77% to $58.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $58.5 million, $59.6 million, and $55.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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