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

NMI Holdings has disclosed Operating Expenses across 15 years of filings, most recently posting $58.5 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $58.5 million, up 39.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $223.3 million (up 18.93% YoY), and the FY2025 annual result 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.
• The 5-year median for Operating Expenses is $41.9 million (2025), against an average of $45.0 million.
• Across the five-year window, Operating Expenses sank 31.34% in 2022 and jumped 39.78% in 2026, its largest moves.
• NMI Holdings' 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 slipped by 1.77% to $58.5 million in 2026.
• The last three Operating Expenses figures came in at $58.5 million (Q1 2026), $59.6 million (Q4 2025), and $55.0 million (Q3 2025), per Business Quant data.