NMI Holdings, Inc. (NASDAQ:NMIH)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Keeps a healthy share of every dollar it sells.
- Revenue
- $730.5M
- Net income
- $395.3M
- Net margin
- 54.1%
Little or no net debt.
- Total debt
- $418.0M
- Cash
- $72.1M
- Net debt / EBITDA
- 0.63x
Owes more within a year than it holds to pay it.
- Current assets
- $189.8M
- Current liabilities
- $354.7M
- Current ratio
- 0.54
The business funds itself from operations.
- Operating cash flow
- $448.5M
- Free cash flow
- $441.6M
- FCF margin
- 60.5%
Not funding itself by issuing shares.
- Shares outstanding
- 75.8M
- Share growth (1y)
- -2.8%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
NMIH Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 187.89 M | 183.47 M | 180.47 M | 178.68 M | 173.78 M | 173.25 M |
| Revenue Growth (YoY) | 8.12 % | 5.90 % | 8.39 % | 7.58 % | 7.19 % | 10.88 % |
| Cost of Revenue | 0.00 | 20.66 M | 21.17 M | 18.72 M | 13.55 M | 4.59 M |
| Gross Profit | 187.89 M | 162.81 M | 159.30 M | 159.96 M | 160.22 M | 168.65 M |
| SG&A Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 50.95 M | 37.87 M | 38.15 M | 36.28 M | 36.62 M | 37.28 M |
| Operating Income | 136.95 M | 124.94 M | 121.15 M | 123.68 M | 123.60 M | 131.37 M |
| Pretax Income | 136.95 M | 124.94 M | 121.15 M | 123.68 M | 123.60 M | 131.37 M |
| Tax Provision | 31.16 M | 25.61 M | 26.93 M | 27.68 M | 27.45 M | 28.81 M |
| Net Income | 105.79 M | 99.33 M | 94.22 M | 96.00 M | 96.15 M | 102.56 M |
| EPS (Basic) | 1.40 | 1.30 | 1.23 | 1.24 | 1.23 | 1.31 |
| EPS (Diluted) | 1.38 | 1.28 | 1.20 | 1.22 | 1.21 | 1.28 |
| Shares Outstanding | 75.78 M | 76.17 M | 76.70 M | 77.41 M | 77.99 M | 78.41 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.