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NMIHNMI Holdings, Inc.
$37.48$2.9B
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HomeStocksNMIHEarnings History

NMIH logoNMI Holdings, Inc. (NMIH) Earnings History

Elite Compounder

14 years of earnings data (2012–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality

TTM Net Income
$389M
● Profitable
TTM EPS (Diluted)
$4.97
Per share, diluted
YoY EPS Growth
+11.1%
Strong
Net Margin
55.1%
After-tax profitability
EPS Growth Rate (CAGR)
1Y+11.1%
3Y+13.2%
5Y+18.2%
10YN/A
Operating Margin70.8%
Gross Margin91.8%
Return on Equity16.2%
Return on Assets10.8%
Record Annual Net Income$389MFY2025
Record Quarterly EPS$1.28Q1 2025
Consecutive Profitable Years10years
Q4 2025
Net Income$94M
EPS (Diluted)$1.20
YoY Growth+11.1%Strong
QoQ Growth-1.9%Slow

Loading earnings history...

NMI Holdings, Inc. (NMIH) Earnings Overview

As of June 21, 2026, NMI Holdings, Inc. (NMIH) reported trailing twelve-month net income of $389M, reflecting +11.1% year-over-year growth. The company earned $4.97 per diluted share over the past four quarters, with a net profit margin of 55.1%.

Looking at the long-term picture, NMIH's 5-year EPS compound annual growth rate (CAGR) stands at +18.2%, indicating exceptional earnings growth. The company achieved its highest annual net income of $389M in fiscal 2025, representing a new all-time high.

NMI Holdings, Inc. maintains industry-leading profitability with a gross margin of 91.8%, operating margin of 70.8%, and net margin of 55.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including MTG ($718M net income, 60.8% margin), RDN ($562M net income, 46.7% margin), ESNT ($686M net income, 54.7% margin), NMIH has room to improve margins relative to the peer group. Compare NMIH vs MTG →

NMIH Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NMIH logoNMIHCurrent
$389M$4.9755.1%16.2%+11.1%—
MTG logoMTG
$718M$3.2960.8%14.3%+8.7%
RDN logoRDN
$562M$4.0646.7%12.4%+5.6%
ESNT logoESNT
$686M$7.2654.7%12.1%+0.7%
PFSI logoPFSI
$507M$9.4211.5%12.3%+59.2%
ACT logoACT
$676M$4.7454.8%13.0%+3.4%
Best in group
Lowest in group

NMIH Historical Earnings Data (2012–2025)

14 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$389M+8.0%$500M$4.9255.1%70.8%
2024$360M+11.8%$463M$4.4355.3%71.2%
2023$322M+10.0%$413M$3.8455.6%71.3%
2022$293M+26.7%$377M$3.3955.8%71.9%
2021$231M+34.7%$297M$2.6547.6%61.1%
2020$172M-0.2%$218M$2.1339.3%50.0%
2019$172M+59.3%$217M$2.4746.5%58.5%
2018$108M+389.5%$136M$1.6039.4%49.7%
2017$22M-65.5%$53M$0.3512.3%29.6%
2016$64M+330.3%$11M$1.0852.5%9.4%
2015-$28M+43.2%-$28M$-0.47-50.1%-50.1%
2014-$49M+11.4%-$51M$-0.84-220.2%-231.0%
2013-$55M-100.7%-$55M$-0.99-992.5%-992.5%
2012-$27M--$27M$-0.73-9679.9%-9679.9%

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NMIH — Frequently Asked Questions

Quick answers to the most common questions about buying NMIH stock.

What is NMIH earnings per share (EPS)?

NMIH trailing twelve-month (TTM) diluted EPS is $4.97, reflecting +11.1% year-over-year growth. The 5-year EPS CAGR is +18.2%. Complete EPS history from 2012 to 2025 is available in the table on this page.

What is NMI Holdings, Inc.'s net income?

NMI Holdings, Inc. (NMIH) trailing twelve-month net income is $389M as of 2025. Earnings grew +11.1% year-over-year. NMI Holdings, Inc. has been profitable for 10 consecutive years.

Is NMIH profitable?

Yes, NMIH is profitable with a TTM net income of $389M and a net profit margin of +55.1%. NMI Holdings, Inc. has generated profits for 10 consecutive years.

What is NMIH's earnings growth rate?

NMIH compound annual EPS growth rates (CAGR): 1-Year: +11.1%, 3-Year: +13.2%, 5-Year: +18.2%, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2012 to 2025.

What are NMIH's profit margins?

NMI Holdings, Inc. net profit margin is +55.1%, operating margin is +70.8%, and gross margin is +91.8%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +16.2%.

Is NMIH growing earnings?

NMIH is growing earnings steadily. YoY EPS growth of +11.1% is consistent with the 5-year CAGR of +18.2%. TTM net income is $389M.

What was NMIH's best earnings year?

NMI Holdings, Inc.'s highest annual net income on record is $389M, achieved in fiscal year 2025. Earnings history on this page spans 2012 to 2025 and includes all annual and quarterly figures.

What were NMIH's earnings last quarter?

NMIH's most recent reported quarter was Q4 2025. Net income was $94M with diluted EPS of $1.20. For a full breakdown of all quarters, see the quarterly earnings table on this page.

NMIH Earnings Over Time (2012–2025)

Net income & EPS — annual and quarterly view