
NMI Holdings Inc
NASDAQ:NMIH

Income Statement
Income Statement
NMI Holdings Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
13
|
18
|
25
|
34
|
46
|
58
|
76
|
95
|
111
|
124
|
136
|
149
|
166
|
188
|
212
|
232
|
251
|
270
|
292
|
321
|
348
|
374
|
390
|
396
|
401
|
407
|
419
|
433
|
446
|
457
|
467
|
471
|
477
|
482
|
487
|
498
|
512
|
526
|
542
|
555
|
566
|
|
Revenue |
19
N/A
|
25
+30%
|
32
+29%
|
42
+29%
|
54
+29%
|
67
+24%
|
85
+28%
|
106
+24%
|
124
+17%
|
139
+12%
|
151
+9%
|
165
+9%
|
183
+11%
|
205
+12%
|
231
+12%
|
253
+10%
|
275
+9%
|
297
+8%
|
320
+8%
|
350
+9%
|
379
+8%
|
405
+7%
|
422
+4%
|
428
+1%
|
433
+1%
|
441
+2%
|
454
+3%
|
470
+4%
|
485
+3%
|
497
+3%
|
509
+2%
|
515
+1%
|
523
+2%
|
533
+2%
|
543
+2%
|
561
+3%
|
579
+3%
|
599
+3%
|
618
+3%
|
636
+3%
|
651
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(74)
|
(73)
|
(75)
|
(77)
|
(81)
|
(86)
|
(89)
|
(94)
|
(96)
|
(99)
|
(105)
|
(106)
|
(112)
|
(116)
|
(116)
|
(122)
|
(123)
|
(126)
|
(132)
|
(136)
|
(141)
|
(147)
|
(177)
|
(191)
|
(194)
|
(195)
|
(169)
|
(157)
|
(157)
|
(150)
|
(138)
|
(124)
|
(115)
|
(115)
|
(118)
|
(126)
|
(134)
|
(135)
|
(133)
|
(140)
|
(151)
|
|
Benefits Claims Loss Adjustment |
(73)
|
(72)
|
(75)
|
(77)
|
(81)
|
(86)
|
(89)
|
(94)
|
(96)
|
(99)
|
(105)
|
(106)
|
(112)
|
(116)
|
(116)
|
(122)
|
(123)
|
(126)
|
(132)
|
(136)
|
(139)
|
(144)
|
(173)
|
(187)
|
(191)
|
(192)
|
(167)
|
(155)
|
(155)
|
(148)
|
(136)
|
(122)
|
(114)
|
(114)
|
(117)
|
(126)
|
(133)
|
(134)
|
(133)
|
(140)
|
(150)
|
|
Policy Acquisition Expense |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(4)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Operating Income |
(54)
N/A
|
(48)
+12%
|
(43)
+11%
|
(35)
+17%
|
(28)
+22%
|
(19)
+30%
|
(3)
+82%
|
13
N/A
|
28
+126%
|
40
+40%
|
47
+18%
|
59
+27%
|
70
+19%
|
90
+27%
|
115
+28%
|
132
+15%
|
152
+16%
|
170
+12%
|
188
+11%
|
214
+14%
|
237
+11%
|
259
+9%
|
245
-5%
|
237
-3%
|
240
+1%
|
246
+3%
|
285
+16%
|
313
+10%
|
328
+5%
|
347
+6%
|
370
+7%
|
392
+6%
|
408
+4%
|
418
+2%
|
426
+2%
|
435
+2%
|
445
+2%
|
463
+4%
|
485
+5%
|
496
+2%
|
500
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
3
|
3
|
2
|
1
|
(0)
|
(4)
|
(8)
|
(13)
|
(17)
|
(18)
|
(17)
|
(16)
|
(18)
|
(17)
|
(19)
|
(24)
|
(16)
|
(22)
|
(21)
|
(15)
|
(21)
|
(9)
|
(11)
|
(18)
|
(22)
|
(33)
|
(33)
|
(33)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(39)
|
(38)
|
(37)
|
|
Pre-Tax Income |
(51)
N/A
|
(44)
+14%
|
(40)
+9%
|
(34)
+16%
|
(28)
+18%
|
(24)
+15%
|
(12)
+51%
|
(0)
+97%
|
12
N/A
|
22
+92%
|
30
+34%
|
43
+45%
|
53
+23%
|
73
+38%
|
95
+31%
|
108
+13%
|
136
+26%
|
148
+9%
|
167
+13%
|
199
+19%
|
217
+9%
|
250
+15%
|
234
-6%
|
219
-6%
|
218
-1%
|
214
-2%
|
252
+18%
|
280
+11%
|
297
+6%
|
316
+7%
|
340
+7%
|
361
+6%
|
377
+5%
|
387
+3%
|
394
+2%
|
402
+2%
|
413
+3%
|
431
+4%
|
446
+3%
|
458
+3%
|
463
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
3
|
1
|
1
|
0
|
(0)
|
0
|
(0)
|
53
|
51
|
48
|
41
|
(17)
|
(20)
|
(24)
|
(24)
|
(28)
|
(30)
|
(35)
|
(42)
|
(45)
|
(53)
|
(49)
|
(46)
|
(47)
|
(47)
|
(55)
|
(61)
|
(66)
|
(70)
|
(76)
|
(80)
|
(84)
|
(87)
|
(89)
|
(91)
|
(91)
|
(94)
|
(97)
|
(100)
|
(103)
|
|
Income from Continuing Operations |
(49)
|
(42)
|
(39)
|
(33)
|
(28)
|
(24)
|
(12)
|
(1)
|
64
|
73
|
77
|
84
|
36
|
53
|
72
|
84
|
108
|
118
|
132
|
157
|
172
|
197
|
185
|
174
|
172
|
166
|
197
|
219
|
231
|
246
|
264
|
280
|
293
|
300
|
305
|
312
|
322
|
337
|
349
|
357
|
360
|
|
Net Income (Common) |
(49)
N/A
|
(42)
+15%
|
(39)
+6%
|
(33)
+16%
|
(28)
+16%
|
(24)
+14%
|
(12)
+52%
|
(1)
+96%
|
64
N/A
|
73
+15%
|
77
+5%
|
84
+8%
|
22
-74%
|
39
+76%
|
58
+49%
|
71
+22%
|
108
+53%
|
118
+10%
|
132
+12%
|
157
+19%
|
172
+9%
|
197
+15%
|
185
-6%
|
174
-6%
|
172
-1%
|
166
-3%
|
197
+18%
|
219
+11%
|
231
+6%
|
246
+6%
|
264
+7%
|
280
+6%
|
293
+4%
|
300
+2%
|
305
+2%
|
312
+2%
|
322
+3%
|
337
+5%
|
349
+3%
|
357
+3%
|
360
+1%
|
|
EPS (Diluted) |
-0.84
N/A
|
-0.71
+15%
|
-0.67
+6%
|
-0.56
+16%
|
-0.47
+16%
|
-0.41
+13%
|
-0.2
+51%
|
-0.02
+90%
|
1.05
N/A
|
1.16
+10%
|
1.23
+6%
|
1.33
+8%
|
0.35
-74%
|
0.59
+69%
|
0.84
+42%
|
1.02
+21%
|
1.6
+57%
|
1.73
+8%
|
1.92
+11%
|
2.24
+17%
|
2.47
+10%
|
2.81
+14%
|
2.49
-11%
|
2.02
-19%
|
2.16
+7%
|
1.92
-11%
|
2.28
+19%
|
2.52
+11%
|
2.66
+6%
|
2.82
+6%
|
3.03
+7%
|
3.27
+8%
|
3.41
+4%
|
3.53
+4%
|
3.61
+2%
|
3.72
+3%
|
3.84
+3%
|
4.1
+7%
|
4.28
+4%
|
4.4
+3%
|
4.43
+1%
|