NMI Holdings, Inc. (NMIH) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 116.09M | 61.74M | 128.05M | 128.36M | 101.15M | 35.82M | 128.42M | 117.79M | 111.57M | 30.12M | 120.83M | 101.91M | 89.83M | 31.79M | 107.77M | 93.52M | 80.31M | 44.34M | 98.84M | 97.08M |
| Operating CF Growth % | 14.77% | 72.37% | -0.29% | 8.97% | -9.34% | 18.94% | 6.29% | 15.59% | 24.2% | -5.27% | 12.12% | 8.96% | 11.86% | -28.3% | 9.04% | -3.66% | -6.03% | 17.85% | 12.8% | 22.11% |
| Operating CF / Revenue % | 63.27% | 34.21% | 71.66% | 73.86% | 58.39% | 21.51% | 77.32% | 72.65% | 71.41% | 19.89% | 81.55% | 71.42% | 65.68% | 23.88% | 82.53% | 70.19% | 62.97% | 35.42% | 79.68% | 79.95% |
| Net Income | 99.33M | 94.22M | 96M | 96.15M | 102.56M | 86.17M | 92.81M | 92.08M | 89.05M | 83.41M | 83.95M | 80.28M | 74.46M | 72.94M | 76.84M | 75.44M | 67.68M | 60.52M | 60.19M | 57.52M |
| Depreciation & Amortization | 2.48M | 2.7M | 2.84M | 2.84M | 2.89M | 1.89M | 2.98M | 3.54M | 3M | 3.02M | 2.87M | 2.84M | 2.8M | 2.89M | 2.93M | 2.95M | 3.09M | 2.98M | 3.36M | 3.12M |
| Stock-Based Compensation | 4.68M | 6.22M | 4.5M | 4.96M | 4.51M | 7.14M | 4.44M | 4.11M | 4.12M | 6.01M | 3.74M | 3.68M | 3.49M | 3.48M | 3.88M | 3.87M | 4.2M | 6.56M | 3.72M | 3.38M |
| Deferred Taxes | 18.86M | 13.61M | 16.8M | 16.82M | 24.54M | 16.69M | 14.14M | 26.05M | 23.81M | 24.83M | 22M | 22.9M | 20.87M | 22.75M | 20.89M | 21.71M | 19.05M | 17.56M | 0 | 0 |
| Other Non-Cash Items | 63K | -925K | -1.11M | 136K | -202K | 780K | -426K | 7.31M | 947K | 1.04M | -1.64M | 1.6M | 1.48M | 1.32M | 1.98M | 1.01M | 1.66M | 1.4M | 32.45M | 32.3M |
| Working Capital Changes | -9.32M | -54.08M | 9.03M | 7.46M | -33.14M | -76.85M | 14.47M | -15.31M | -9.34M | -88.19M | 9.9M | -9.39M | -13.26M | -71.59M | 1.25M | -11.46M | -15.37M | -44.69M | -882K | 757K |
| Cash from Investing | -47.91M | -117.66M | -57.02M | -94.13M | -47.66M | -86.13M | -40.79M | -174.61M | -37.75M | -82.09M | 1.56M | -85.72M | -33.75M | -107.67M | -34.35M | -126.39M | -21.37M | -63.66M | -69.84M | -144.23M |
| Capital Expenditures | -1.1M | -1.65M | -1.78M | -1.65M | -1.71M | -1.4M | 4.03M | -1.84M | -2.19M | -1.47M | -3.35M | -3.03M | -1.52M | -2.81M | -2.44M | -3.34M | -1.97M | -3.13M | -3.06M | -3.59M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80.62M | 3.35M | 0 | 1.52M | -491K | 0 | 0 | 1.97M | 5.59M | 0 | 0 |
| Purchase of Investments | -299.67M | -351.51M | -202.5M | -203.56M | -141.47M | -153.39M | -160.01M | -242.33M | -95.97M | -149.6M | -128.09M | -136.51M | -240.59M | -160.72M | -156.48M | -163.79M | -66.52M | -123.42M | -106M | -185.69M |
| Sale/Maturity of Investments | 252.87M | 235.5M | 147.26M | 111.08M | 95.52M | 68.65M | 120.7M | 69.55M | 60.41M | 68.98M | 133M | 53.82M | 208.35M | 55.86M | 124.57M | 40.74M | 47.12M | 62.89M | 39.22M | 45.05M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -5.51M | 0 | 0 | -80.62M | -3.35M | 0 | -1.52M | 491K | 0 | 0 | -1.97M | -5.59M | 0 | 0 |
| Cash from Financing | -41.44M | -30.59M | -24.6M | -24.42M | -33.59M | -28.7M | -16.94M | -20.27M | -30.79M | -27.8M | -19.24M | -25.97M | -17.41M | -5.5M | -20M | -25.65M | -4.68M | -1.29M | 184K | -285K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -27.68M | -30.59M | -24.59M | -23.98M | -25.94M | -28.68M | -16.87M | -26.85M | -25.21M | -31.57M | -19.25M | -25.99M | -14.8M | -5.38M | -20.82M | -25.37M | -5M | 0 | -139K | -443K |
| Stock Issued | 3.88M | 0 | 47K | 50K | 2.78M | 9K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 155K | 0 | 0 |
| Debt Issuance (Net) | 0 | 0 | 0 | 0 | 0 | 0 | -55K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -17.65M | 0 | -12K | -443K | -10.43M | -28K | -12K | -319K | -5.58M | 3.77M | 9K | 21K | -2.61M | -172K | 824K | -275K | 320K | -1.45M | 323K | 158K |
| Net Change in Cash | 26.74M | -86.5M | 46.43M | 9.8M | 19.9M | -79.01M | 70.69M | -77.1M | 43.04M | -79.77M | 103.14M | -9.79M | 38.68M | -81.39M | 53.41M | -58.51M | 54.26M | -20.61M | 29.18M | -47.44M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 43.94M | 130.44M | 84.01M | 74.21M | 54.31M | 133.32M | 62.63M | 139.73M | 96.69M | 176.46M | 73.32M | 83.1M | 44.43M | 125.81M | 72.4M | 130.91M | 76.65M | 97.26M | 68.08M | 115.52M |
| Cash at End | 70.68M | 43.94M | 130.44M | 84.01M | 74.21M | 54.31M | 133.32M | 62.63M | 139.73M | 96.69M | 176.46M | 73.32M | 83.1M | 44.43M | 125.81M | 72.4M | 130.91M | 76.65M | 97.26M | 68.08M |
| Free Cash Flow | 114.99M | 60.09M | 126.27M | 126.71M | 99.44M | 34.42M | 132.45M | 115.95M | 109.39M | 28.64M | 117.48M | 98.87M | 88.32M | 28.98M | 105.32M | 90.19M | 78.34M | 41.21M | 95.78M | 93.49M |
| FCF Growth % | 15.63% | 74.57% | -4.66% | 9.28% | -9.09% | 20.18% | 12.74% | 17.27% | 23.86% | -1.15% | 11.54% | 9.63% | 12.74% | -29.68% | 9.96% | -3.53% | -5.63% | 19.22% | 15.18% | 22.43% |
| FCF Margin % | 62.67% | 33.3% | 70.67% | 72.91% | 57.4% | 20.67% | 79.74% | 71.52% | 70.01% | 18.92% | 79.29% | 69.29% | 64.57% | 21.77% | 80.66% | 67.69% | 61.42% | 32.92% | 77.22% | 76.99% |
| FCF per Share | 1.49 | 0.77 | 1.6 | 1.6 | 1.25 | 0.43 | 1.63 | 1.43 | 1.33 | 0.35 | 1.4 | 1.17 | 1.04 | 0.34 | 1.23 | 1.04 | 0.9 | 0.47 | 1.1 | 1.08 |