NMI Holdings (NMIH) Operating Income (2013 - 2026)
NMI Holdings (NMIH) posted Operating Income of $123.8 million for Q2 2026, up 12.4% from $110.16 million a year earlier and up 18.7% from the prior quarter.
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Analysis
NMI Holdings (NMIH) Operating Income (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at NMI Holdings was $433.19 million, down 1.5% year-over-year; for FY2025, it came in at $442.16 million, up 2.4% from FY2024.
- Annual Operating Income has increased for four consecutive years, with a four-year compound annual growth rate of 11.7% (FY2021 to FY2025).
- In prior years, NMI Holdings' Operating Income was $431.87 million in FY2024 (+10.7%), $390.09 million in FY2023 (+4.4%), $373.71 million in FY2022 (+31.4%) and $284.42 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Operating Income since Q1 2025.
- On a year-over-year basis, Operating Income increased in five of the last eight quarters, with growth averaging 3.9%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q2 2022, with growth of 40.0%; the weakest was Q1 2026, with a decline of 17.8%.
- According to Business Quant data, Operating Income for the three prior quarters was $104.28 million (Q1 2026), $99.98 million (Q4 2025) and $105.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -34.72 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 3.61 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 3.32 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 1.22 Bn |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 2.49 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 683.00 Mn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 809.00 Mn |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -3.00 Mn |
| 10 | NMI Holdings | 2.90 Bn | 2.64 Bn | 158.44 Mn | 127.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 127.43 Mn |
| Jun 30, 2026 | 144.06 Mn |
| Mar 31, 2026 | 132.05 Mn |
| Dec 31, 2025 | 128.28 Mn |
| Sep 30, 2025 | 130.81 Mn |
| Jun 30, 2025 | 130.72 Mn |
| Mar 31, 2025 | 138.48 Mn |
| Dec 31, 2024 | 117.98 Mn |
| Sep 30, 2024 | 126.40 Mn |
| Jun 30, 2024 | 133.32 Mn |
| Mar 31, 2024 | 122.61 Mn |
| Dec 31, 2023 | 78.51 Mn |
| Sep 30, 2023 | 115.36 Mn |
| Jun 30, 2023 | 112.10 Mn |
| Mar 31, 2023 | 104.21 Mn |
| Dec 31, 2022 | 84.71 Mn |
| Sep 30, 2022 | 82.94 Mn |
| Jun 30, 2022 | 82.80 Mn |
| Mar 31, 2022 | 75.18 Mn |
| Dec 31, 2021 | 67.53 Mn |
API Access
NMI Holdings Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=NMIH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NMIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=NMIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();