NMIHNasdaqSurety InsuranceFiscal year ends December 31

NMI Holdings, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026

$41.01+0.30 (+0.74%)

Close on Oct 19, 2026

Market cap: $3.14B
P/E (TTM): 8.1
Dividend yield: –

NMI Holdings, Inc. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q1 2026 2026-03-31	Q4 2025 2025-12-31	Q3 2025 2025-09-30	Q2 2025 2025-06-30	Q1 2025 2025-03-31	Q4 2024 2024-12-31	Q3 2024 2024-09-30	Q2 2024 2024-06-30	Q1 2024 2024-03-31	Q4 2023 2023-12-31	Q3 2023 2023-09-30	Q2 2023 2023-06-30	Q1 2023 2023-03-31	Q4 2022 2022-12-31	Q3 2022 2022-09-30	Q2 2022 2022-06-30	Q1 2022 2022-03-31	Q4 2021 2021-12-31	Q3 2021 2021-09-30	Q2 2021 2021-06-30	Q1 2021 2021-03-31	Q4 2020 2020-12-31	Q3 2020 2020-09-30	Q2 2020 2020-06-30	Q1 2020 2020-03-31	Q4 2019 2019-12-31	Q3 2019 2019-09-30	Q2 2019 2019-06-30	Q1 2019 2019-03-31	Q4 2018 2018-12-31	Q3 2018 2018-09-30	Q2 2018 2018-06-30	Q1 2018 2018-03-31	Q4 2017 2017-12-31	Q3 2017 2017-09-30	Q2 2017 2017-06-30	Q1 2017 2017-03-31	Q4 2016 2016-12-31	Q3 2016 2016-09-30
Cash & Equivalents	72	71	44	130	84	74	54	133	63	140	97	176	73	83	44	126	72	131	77	97	68	116	127	194	515	110	41	46	36	40	25	18	16	102	19	21	20	13	48	45
Cash & Short-Term Investments	72	71	44	130	84	74	54	133	63	140	97	176	73	83	44	126	72	131	77	97	68	116	127	194	515	110	41	46	36	40	25	18	16	102	19	21	20	13	48	45
Property, Plant & Equipment	21	21	22	23	24	25	26	27	29	30	30	32	32	32	32	32	32	32	32	32	31	31	30	28	26	26	26	26	26	25	25	23	23	23	23	22	22	21	20	20
Gross Property, Plant & Equipment	–	–	115	–	–	–	111	–	–	–	105	–	–	–	96	–	–	–	86	–	–	–	72	–	–	–	59	–	–	–	49	–	–	–	39	–	–	–	30	–
Accumulated Depreciation	–	–	-94	–	–	–	-85	–	–	–	-75	–	–	–	-64	–	–	–	-53	–	–	–	-43	–	–	–	-33	–	–	–	-24	–	–	–	-16	–	–	–	-9.77	–
Equity Method Investments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	84	–	–	–	135	–
Operating Lease Right-of-Use Assets	–	–	6.70	–	–	–	8.20	–	–	–	9.10	–	–	–	10	11	11	–	2.60	–	–	–	4.60	–	–	–	6.40	6.90	7.30	7.70	–	–	–	–	–	–	–	–	–	–
Goodwill	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–	–	–	3.24	–
Deferred Tax Assets	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	6.88	12	16	20	38	46	51	51	–
Total Assets	3,997	3,910	3,841	3,727	3,591	3,456	3,350	3,320	3,102	3,006	2,941	2,762	2,690	2,634	2,516	2,404	2,392	2,424	2,451	2,398	2,306	2,188	2,167	2,082	2,047	1,388	1,365	1,301	1,220	1,148	1,092	1,052	1,016	988	895	887	863	840	840	792
Current Income Taxes Payable	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11
Operating Lease Liabilities	–	–	8.51	–	–	–	10	–	–	–	11	–	–	–	12	12	12	12	2.90	–	–	–	5.30	–	–	–	7.40	7.91	8.39	8.87	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	511	492	479	463	441	419	386	381	348	323	302	257	242	223	194	167	162	157	164	151	136	115	113	97	84	67	56	44	28	13	2.74	–	–	–	0	–	–	–	–	–
Total Liabilities	1,292	1,277	1,249	1,212	1,171	1,135	1,133	1,125	1,056	1,028	1,015	971	941	927	902	878	867	889	885	882	846	808	797	774	790	413	434	428	408	396	391	392	387	386	386	376	368	356	364	362
Additional Paid-In Capital	1,013	1,008	1,017	1,011	1,006	1,002	1,005	998	993	989	991	981	977	974	973	969	965	961	955	948	944	941	938	931	928	706	707	698	692	685	682	678	671	667	585	583	580	578	577	575
Retained Earnings	2,177	2,072	1,972	1,878	1,782	1,686	1,583	1,497	1,404	1,312	1,223	1,140	1,056	976	901	828	751	676	608	548	487	430	377	329	291	264	205	155	105	66	33	-2.03	-27	-52	-74	-72	-85	-91	-97	-156
Treasury Stock	-411	-379	-352	-321	-296	-273	-247	-218	-201	-174	-149	-117	-98	-71	-57	-51	-30	-5.00	0	–	–	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Comprehensive Income & Other	-74	-68	-46	-54	-73	-94	-125	-82	-151	-150	-140	-214	-187	-172	-204	-221	-161	-97	1.49	19	28	8.72	54	47	38	4.46	17	19	14	0.18	-15	-16	-15	-14	-2.86	-0.63	-1.35	-4.05	-5.29	11
Shareholders' Equity	2,705	2,632	2,592	2,515	2,420	2,322	2,217	2,195	2,046	1,978	1,926	1,791	1,749	1,707	1,614	1,526	1,525	1,535	1,566	1,516	1,460	1,380	1,370	1,308	1,257	975	930	873	812	752	702	660	630	602	509	511	495	484	476	430
Total Equity	2,705	2,632	2,592	2,515	2,420	2,322	2,217	2,195	2,046	1,978	1,926	1,791	1,749	1,707	1,614	1,526	1,525	1,535	1,566	1,516	1,460	1,380	1,370	1,308	1,257	975	930	873	812	752	702	660	630	602	509	511	495	484	476	430
Total Liabilities & Equity	3,997	3,910	3,841	3,727	3,591	3,456	3,350	3,320	3,102	3,006	2,941	2,762	2,690	2,634	2,516	2,404	2,392	2,424	2,451	2,398	2,306	2,188	2,167	2,082	2,047	1,388	1,365	1,301	1,220	1,148	1,092	1,052	1,016	988	895	887	863	840	840	792
Shares Outstanding(shares)	75	76	76	77	78	78	79	79	80	81	81	82	82	83	84	84	85	86	86	86	86	86	85	85	85	69	68	68	68	68	66	66	66	66	61	60	60	–	59	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 54.1%
Return on equity, FY2025: 16.2%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 8.1
Price to sales: 4.30
Price to book: 1.16
Dividend yield: –