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| Date | Value |
|---|---|
| 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 |