NMI Holdings NMIH
NASDAQ NMIH
$44.17 -0.25 (-0.56%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

NMI Holdings' (NMIH) quarterly Operating Expenses came in at $50.9 million in Q2 2026, up 1.53% year-over-year from $50.2 million in Q2 2025, and down 12.96% quarter-over-quarter from $58.5 million in Q1 2026.

Analysis

NMI Holdings (NMIH) Operating Expenses (2012 - 2026) Analysis & Trends

NMI Holdings has disclosed Operating Expenses across 15 years of filings, most recently posting $50.9 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 1.53% year-over-year to $50.9 million; the TTM figure through Jun 2026 stood at $224.1 million (up 15.23% YoY), while the FY2025 annual figure was $206.6 million, up 10.17% from the prior year.
  • Operating Expenses came in at $50.9 million for Q2 2026 at NMI Holdings, down from $58.5 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.
  • Average Operating Expenses over 5 years is $45.3 million, with a median of $42.7 million recorded in 2024.
  • Year-over-year, Operating Expenses plunged 31.34% in 2022 and surged 39.78% in 2026.
  • Over 5 years, Operating Expenses stood at $38.3 million in 2022, then rose by 20.54% to $46.2 million in 2023, then gained by 20.42% to $55.6 million in 2024, then climbed by 7.11% to $59.6 million in 2025, then declined by 14.5% to $50.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $50.9 million in Q2 2026, $58.5 million in Q1 2026, and $59.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Chubb 131.13 Bn 117.36 Bn 9.13 Bn 12.19 Bn
2 Progressive 125.86 Bn 120.86 Bn 9.04 Bn 19.40 Bn
3 Travelers Companies 77.43 Bn 53.67 Bn 6.23 Bn 9.39 Bn
4 Allstate 64.54 Bn 25.81 Bn 16.28 Bn 14.45 Bn
5 Aflac 57.68 Bn -45.32 Bn 2.27 Bn 3.12 Bn
6 American International 39.77 Bn 1.95 Bn 3.50 Bn 5.82 Bn
7 Hartford Insurance 37.34 Bn 21.02 Bn 3.18 Bn 6.03 Bn
8 Cincinnati Financial 26.13 Bn 24.24 Bn 2.39 Bn 2.70 Bn
9 Loews 22.38 Bn 82.01 Mn 2.57 Bn 4.12 Bn
10 NMI Holdings 3.34 Bn 3.27 Bn 157.40 Mn 50.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 50.95 Mn
Mar 31, 2026 58.53 Mn
Dec 31, 2025 59.59 Mn
Sep 30, 2025 55.00 Mn
Jun 30, 2025 50.18 Mn
Mar 31, 2025 41.88 Mn
Dec 31, 2024 55.63 Mn
Sep 30, 2024 46.77 Mn
Jun 30, 2024 43.48 Mn
Mar 31, 2024 41.69 Mn
Dec 31, 2023 46.20 Mn
Sep 30, 2023 40.86 Mn
Jun 30, 2023 38.64 Mn
Mar 31, 2023 40.61 Mn
Dec 31, 2022 38.33 Mn
Sep 30, 2022 31.99 Mn
Jun 30, 2022 35.03 Mn
Mar 31, 2022 40.69 Mn
Dec 31, 2021 46.91 Mn
Sep 30, 2021 46.59 Mn