MBIA MBI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Corporate Operations | $19M+11.8% | $17M-22.7% | $22M+57.1% | $14M-12.5% | $16M-40.7% | |
| International And Structured Finance Insurance | $6M+186% | -$7M-170% | $10M+66.7% | $6M+50.0% | $4M— | |
| US Public Finance Insurance | $19M-13.6% | $22M+4.8% | $21M-8.7% | $23M+35.3% | $17M-26.1% | |
| Revenue From Customers by Business | ||||||
| Corporate Operations | $5M-28.6% | $7M+16.7% | $6M+20.0% | $5M-16.7% | $6M0.0% | |
| International And Structured Finance Insurance | $4M-20.0% | $5M+25.0% | $4M-20.0% | $5M0.0% | $5M— | |
| US Public Finance Insurance | $15M0.0% | $15M0.0% | $15M0.0% | $15M+36.4% | $11M-35.3% | |
| Revenue From Transactions With Other Operating Segments Of Same Entity by Business | ||||||
| Corporate Operations | $13M+44.4% | $9M-18.2% | $11M-8.3% | $12M-20.0% | $15M+25.0% | |
| International And Structured Finance Insurance | $1M0.0% | $1M-50.0% | $2M+100% | $1M-50.0% | $2M+100% | |
| US Public Finance Insurance | $6M-25.0% | $8M+60.0% | $5M-28.6% | $7M+16.7% | $6M-14.3% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Corporate Operations | $3M0.0% | $3M-40.0% | $5M+25.0% | $4M0.0% | $4M-20.0% | |
| International And Structured Finance Insurance | $6M-33.3% | $9M+125% | $4M-42.9% | $7M+75.0% | $4M-63.6% | |
| US Public Finance Insurance | $4M+100% | $2M-33.3% | $3M0.0% | $3M-25.0% | $4M+33.3% | |
| Investment Income Net by Business | ||||||
| Corporate Operations | $6M-14.3% | $7M+16.7% | $6M0.0% | $6M-14.3% | $7M0.0% | |
| International And Structured Finance Insurance | $3M0.0% | $3M+50.0% | $2M-33.3% | $3M0.0% | $3M0.0% | |
| US Public Finance Insurance | $15M-6.3% | $16M+14.3% | $14M-6.7% | $15M0.0% | $15M-6.3% | |
| Expense From Transactions With Other Operating Segments Of Same Entity by Business | ||||||
| Corporate Operations | $0— | $0— | $0— | $0— | $0— | |
| International And Structured Finance Insurance | $3M0.0% | $3M-25.0% | $4M+33.3% | $3M-25.0% | $4M0.0% | |
| US Public Finance Insurance | $9M+28.6% | $7M0.0% | $7M0.0% | $7M-30.0% | $10M+42.9% | |
| Assets Per Reportable by Business | ||||||
| Corporate Operations | $639M-2.1% | $653M+0.5% | $650M-4.0% | $677M-1.2% | $685M-3.1% | |
| International And Structured Finance Insurance | $661M-1.0% | $668M-0.3% | $670M-16.8% | $805M-1.9% | $821M-1.6% | |
| US Public Finance Insurance | $1.48B+0.3% | $1.48B-3.2% | $1.52B-1.3% | $1.54B-0.5% | $1.55B+0.1% | |
| Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange by Business | ||||||
| Corporate Operations | $1M— | —— | $5M+267% | -$3M+40.0% | -$5M-156% | |
| International And Structured Finance Insurance | $1M+103% | -$36M-300% | $18M— | $0+100% | -$10M— | |
| US Public Finance Insurance | -$2M— | —— | $1M0.0% | $1M— | $0— | |
| Segment Benefits Losses And Expenses by Business | ||||||
| Corporate Operations | $30M+3.4% | $29M-17.1% | $35M+2.9% | $34M+9.7% | $31M+3.3% | |
| International And Structured Finance Insurance | $40M-23.1% | $52M+4.0% | $50M+4.2% | $48M-5.9% | $51M+24.4% | |
| US Public Finance Insurance | $15M— | —— | $44M+175% | $16M-5.9% | $17M-52.8% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Corporate Operations | -1,100,000,000%+100,000,000pp | -1,200,000,000%+100,000,000pp | -1,300,000,000%+700,000,000pp | -2,000,000,000%-500,000,000pp | -1,500,000,000%-1,200,000,000pp | |
| International And Structured Finance Insurance | -3,400,000,000%+1,100,000,000pp | -4,500,000,000%+1,500,000,000pp | -6,000,000,000%-1,800,000,000pp | -4,200,000,000%+500,000,000pp | -4,700,000,000%-1,300,000,000pp | |
| US Public Finance Insurance | 400,000,000%+300,000,000pp | 100,000,000%-6,400,000,000pp | 6,500,000,000%+5,800,000,000pp | 700,000,000%— | 0%+1,300,000,000pp | |
| Interest Expense by Business | ||||||
| Corporate Operations | $17M+6.3% | $16M-5.9% | $17M-5.6% | $18M0.0% | $18M+5.9% | |
| International And Structured Finance Insurance | $36M-5.3% | $38M0.0% | $38M+5.6% | $36M-5.3% | $38M-2.6% | |
| US Public Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| Insurance Loss Recoverable by Business | ||||||
| International And Structured Finance Insurance | $22M+4.8% | $21M-16.0% | $25M0.0% | $25M+4.2% | $24M+4.3% | |
| US Public Finance Insurance | $25M+13.6% | $22M+29.4% | $17M-89.6% | $164M-3.5% | $170M+3.0% | |
| Losses And Loss Adjustment by Business | ||||||
| Corporate Operations | $0— | $0— | $0— | $0— | $0— | |
| International And Structured Finance Insurance | -$5M-350% | $2M-50.0% | $4M+100% | $2M-60.0% | $5M+600% | |
| US Public Finance Insurance | $2M— | —— | -$54M-1,000% | $6M+100% | $3M-88.5% | |
| Employee Benefits And Share Based Compensation by Business | ||||||
| Corporate Operations | $10M0.0% | $10M-23.1% | $13M+8.3% | $12M+33.3% | $9M+12.5% | |
| International And Structured Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| US Public Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| Liability For Claims And Claims Adjustment Expense by Business | ||||||
| International And Structured Finance Insurance | $229M-2.6% | $235M0.0% | $235M-0.8% | $237M0.0% | $237M-0.4% | |
| US Public Finance Insurance | $208M-5.0% | $219M+5.3% | $208M-29.5% | $295M+2.1% | $289M-3.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MBIA break its business down?
- MBIA (MBI) reports revenue by business across 3 parts — Corporate Operations, International And Structured Finance Insurance and US Public Finance Insurance. Each is extracted from the segment footnotes and tracked over time.
- Where does MBIA's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MBIA's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
