NMI Holdings, Inc. (NMIH) stock
NMIHNasdaqSurety InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 12/3022% below fair value
$38.65−0.23 (-0.59%)
Close on Nov 13, 2026Market cap $2.91BP/E 7.6Yield –
NMI operating cash flow
Operating cash flow is the cash the business generates from its day-to-day operations.
NMI's operating cash flow for the twelve months ending Sep 30, 2026 was $431.41M, up 9.7% year over year. For fiscal 2025 it was $419.30M, up 6.5% from the year before. Over ten years it grew 26.0% a year on average. The highest annual figure on record is $419.30M in fiscal 2025.
Annual operating cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $419.30M | +6.5% |
| FY2024 | Dec 31, 2024 | $393.60M | +14.9% |
| FY2023 | Dec 31, 2023 | $342.68M | +9.3% |
| FY2022 | Dec 31, 2022 | $313.39M | -3.8% |
| FY2021 | Dec 31, 2021 | $325.72M | +28.9% |
| FY2020 | Dec 31, 2020 | $252.60M | +21.4% |
| FY2019 | Dec 31, 2019 | $208.15M | +42.7% |
| FY2018 | Dec 31, 2018 | $145.86M | +115.3% |
| FY2017 | Dec 31, 2017 | $67.76M | -5.8% |
| FY2016 | Dec 31, 2016 | $71.94M | +73.5% |
| FY2015 | Dec 31, 2015 | $41.46M | – |
| FY2014 | Dec 31, 2014 | -$20.97M | – |
| FY2013 | Dec 31, 2013 | -$36.31M | – |
| FY2012 | Dec 31, 2012 | -$14.60M | – |
Quarterly operating cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $110.95M | -13.4% |
| Q2 FY2026 | Jun 30, 2026 | $142.63M | +11.1% |
| Q1 FY2026 | Mar 31, 2026 | $116.09M | +14.8% |
| Q4 FY2025 | Dec 31, 2025 | $61.74M | +72.4% |
| Q3 FY2025 | Sep 30, 2025 | $128.05M | -0.3% |
| Q2 FY2025 | Jun 30, 2025 | $128.36M | +9.0% |
| Q1 FY2025 | Mar 31, 2025 | $101.15M | -9.3% |
| Q4 FY2024 | Dec 31, 2024 | $35.82M | +18.9% |
| Q3 FY2024 | Sep 30, 2024 | $128.42M | +6.3% |
| Q2 FY2024 | Jun 30, 2024 | $117.79M | +15.6% |
| Q1 FY2024 | Mar 31, 2024 | $111.57M | +24.2% |
| Q4 FY2023 | Dec 31, 2023 | $30.12M | -5.3% |
| Q3 FY2023 | Sep 30, 2023 | $120.83M | +12.1% |
| Q2 FY2023 | Jun 30, 2023 | $101.91M | +9.0% |
| Q1 FY2023 | Mar 31, 2023 | $89.84M | +11.9% |
| Q4 FY2022 | Dec 31, 2022 | $31.79M | -28.3% |
| Q3 FY2022 | Sep 30, 2022 | $107.77M | +9.0% |
| Q2 FY2022 | Jun 30, 2022 | $93.52M | -3.7% |
| Q1 FY2022 | Mar 31, 2022 | $80.31M | -6.0% |
| Q4 FY2021 | Dec 31, 2021 | $44.34M | +17.9% |
| Q3 FY2021 | Sep 30, 2021 | $98.84M | +12.8% |
| Q2 FY2021 | Jun 30, 2021 | $97.08M | +22.1% |
| Q1 FY2021 | Mar 31, 2021 | $85.46M | +78.6% |
| Q4 FY2020 | Dec 31, 2020 | $37.62M | -45.1% |
| Q3 FY2020 | Sep 30, 2020 | $87.62M | +67.7% |
| Q2 FY2020 | Jun 30, 2020 | $79.50M | +34.6% |
| Q1 FY2020 | Mar 31, 2020 | $47.85M | +69.2% |
| Q4 FY2019 | Dec 31, 2019 | $68.58M | +47.5% |
| Q3 FY2019 | Sep 30, 2019 | $52.24M | +37.5% |
| Q2 FY2019 | Jun 30, 2019 | $59.05M | +46.8% |
| Q1 FY2019 | Mar 31, 2019 | $28.28M | +33.8% |
| Q4 FY2018 | Dec 31, 2018 | $46.51M | +79.0% |
| Q3 FY2018 | Sep 30, 2018 | $38.00M | +39.8% |
| Q2 FY2018 | Jun 30, 2018 | $40.22M | +141.1% |
| Q1 FY2018 | Mar 31, 2018 | $21.13M | – |
| Q4 FY2017 | Dec 31, 2017 | $25.99M | +31.7% |
| Q3 FY2017 | Sep 30, 2017 | $27.19M | – |
| Q2 FY2017 | Jun 30, 2017 | $16.68M | – |
| Q1 FY2017 | Mar 31, 2017 | -$2.09M | – |
| Q4 FY2016 | Dec 31, 2016 | $19.73M | – |
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