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

NMI Holdings' (NMIH) quarterly Operating Income came in at $28.6 million in Q1 2026, up 20.76% year-on-year from $23.7 million in Q1 2025, and up 3.9% quarter-over-quarter from $27.5 million in Q4 2025.

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

NMI Holdings has disclosed Operating Income across 15 years of filings, most recently posting $28.6 million for Q1 2026.

  • Operating Income for Q1 2026 came in at $28.6 million, up 20.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $107.9 million (up 20.42% YoY), and the FY2025 annual result was $102.9 million, up 20.65% from the prior year.
  • Operating Income came in at $28.6 million for Q1 2026 at NMI Holdings, up from $27.5 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $28.6 million in Q1 2026 to a low of $10.2 million in Q1 2022.
  • The 5-year median for Operating Income is $19.4 million (2024), against an average of $19.5 million.
  • Across the five-year window, Operating Income increased 15.71% in 2022 and soared 51.25% in 2023, its largest moves.
  • NMI Holdings' Operating Income stood at $13.3 million in 2022, then jumped by 36.77% to $18.2 million in 2023, then grew by 24.5% to $22.7 million in 2024, then gained by 21.18% to $27.5 million in 2025, then increased by 3.9% to $28.6 million in 2026.
  • The last three Operating Income figures came in at $28.6 million (Q1 2026), $27.5 million (Q4 2025), and $26.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Fidelity National Financial 12.62 Bn 9.96 Bn 2.62 Bn 822.00 Mn
2 Axis Capital Holdings 7.48 Bn 6.61 Bn - -
3 First American Financial 7.03 Bn 4.14 Bn 1.24 Bn 152.40 Mn
4 Enact Holdings 5.98 Bn 5.43 Bn 205.74 Mn 70.91 Mn
5 Mgic Investment 5.62 Bn 5.37 Bn 202.12 Mn 61.74 Mn
6 Essent 5.48 Bn 5.48 Bn - 59.26 Mn
7 Radian 4.76 Bn 4.68 Bn 368.17 Mn 69.70 Mn
8 Ryan Specialty Holdings 4.49 Bn 4.92 Bn - 94.60 Mn
9 Assured Guaranty 3.43 Bn -489.19 Mn 216.00 Mn 92.00 Mn
10 NMI Holdings 2.86 Bn 2.78 Bn 152.85 Mn 28.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 28.60 Mn
Dec 31, 2025 27.53 Mn
Sep 30, 2025 26.77 Mn
Jun 30, 2025 24.95 Mn
Mar 31, 2025 23.69 Mn
Dec 31, 2024 22.72 Mn
Sep 30, 2024 22.47 Mn
Jun 30, 2024 20.69 Mn
Mar 31, 2024 19.44 Mn
Dec 31, 2023 18.25 Mn
Sep 30, 2023 17.85 Mn
Jun 30, 2023 16.52 Mn
Mar 31, 2023 14.89 Mn
Dec 31, 2022 13.34 Mn
Sep 30, 2022 11.95 Mn
Jun 30, 2022 10.92 Mn
Mar 31, 2022 10.20 Mn
Dec 31, 2021 10.05 Mn
Sep 30, 2021 9.83 Mn
Jun 30, 2021 9.38 Mn