MBIA MBI Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Corporate Operations | $72M-11.1% | $69M-28.1% | $79M— | $68M— | $81M— | |
| International And Structured Finance Insurance | $15M— | $13M— | —— | —— | —— | |
| US Public Finance Insurance | $85M-5.6% | $83M-16.2% | $84M-1.2% | $90M+15.4% | $90M+11.1% | |
| Revenue From Customers by Business | ||||||
| Corporate Operations | $23M-11.5% | $24M-14.3% | $23M+475% | $23M+867% | $26M+471% | |
| International And Structured Finance Insurance | $18M-5.3% | $19M-9.5% | $14M-46.2% | $16M-33.3% | $19M-42.4% | |
| US Public Finance Insurance | $60M-6.3% | $56M-22.2% | $58M+5.5% | $63M+26.0% | $64M+20.8% | |
| Revenue From Transactions With Other Operating Segments Of Same Entity by Business | ||||||
| Corporate Operations | $45M-16.7% | $47M-13.0% | $50M-9.1% | $51M-8.9% | $54M-1.8% | |
| International And Structured Finance Insurance | $5M-28.6% | $6M0.0% | $6M-14.3% | $7M+40.0% | $7M+40.0% | |
| US Public Finance Insurance | $26M0.0% | $26M0.0% | $25M-3.8% | $26M0.0% | $26M0.0% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Corporate Operations | $15M-16.7% | $16M-5.9% | $18M+12.5% | $18M+20.0% | $18M+20.0% | |
| International And Structured Finance Insurance | $26M0.0% | $24M-17.2% | $26M+7.2% | $25M-9.1% | $26M+1.0% | |
| US Public Finance Insurance | $12M-20.0% | $12M-14.3% | $13M-10.3% | $15M+15.4% | $15M+11.1% | |
| Investment Income Net by Business | ||||||
| Corporate Operations | $25M-13.8% | $26M-13.3% | $26M-11.1% | $27M-5.3% | $29M+8.4% | |
| International And Structured Finance Insurance | $11M0.0% | $11M0.0% | $11M-20.0% | $12M-27.3% | $11M-45.7% | |
| US Public Finance Insurance | $60M-6.3% | $60M-10.4% | $60M-19.2% | $62M-23.9% | $64M-27.1% | |
| Expense From Transactions With Other Operating Segments Of Same Entity by Business | ||||||
| Corporate Operations | $0— | $0— | $0+100% | $0+100% | $0+100% | |
| International And Structured Finance Insurance | $13M-27.8% | $14M-22.2% | $15M0.0% | $15M-6.3% | $18M+20.0% | |
| US Public Finance Insurance | $30M-6.3% | $31M-3.1% | $31M+14.8% | $30M-6.3% | $32M0.0% | |
| Assets Per Reportable by Business | ||||||
| Corporate Operations | $2.62B-2.8% | $2.67B-2.0% | $2.72B-1.8% | $2.72B— | $2.7B— | |
| International And Structured Finance Insurance | $2.8B-16.6% | $2.96B-14.6% | $3.13B-13.3% | $3.32B— | $3.36B— | |
| US Public Finance Insurance | $6.02B-6.3% | $6.09B-7.6% | $6.17B-9.1% | $6.3B— | $6.43B— | |
| Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange by Business | ||||||
| International And Structured Finance Insurance | -$17M— | -$28M— | —— | —— | —— | |
| Segment Benefits Losses And Expenses by Business | ||||||
| Corporate Operations | $128M+3.2% | $129M-3.0% | $130M-13.3% | $127M-14.8% | $124M-20.0% | |
| International And Structured Finance Insurance | $190M-6.4% | $201M+1.0% | $190M-15.9% | $195M-2.5% | $203M+3.0% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Corporate Operations | -5,600,000,000%-1,300,000,000pp | -6,000,000,000%-2,300,000,000pp | -5,100,000,000%+5,200,000,000pp | -5,900,000,000%+1,900,000,000pp | -4,300,000,000%+3,700,000,000pp | |
| International And Structured Finance Insurance | -18,100,000,000%+6,300,000,000pp | -19,400,000,000%+7,200,000,000pp | -18,300,000,000%+11,400,000,000pp | -16,700,000,000%+14,100,000,000pp | -24,400,000,000%+600,000,000pp | |
| US Public Finance Insurance | 7,700,000,000%+20,600,000,000pp | 7,300,000,000%+21,100,000,000pp | 5,900,000,000%+18,800,000,000pp | 800,000,000%+28,500,000,000pp | -12,900,000,000%+2,900,000,000pp | |
| Interest Expense by Business | ||||||
| Corporate Operations | $68M-5.6% | $69M-4.2% | $70M-22.2% | $72M-14.3% | $72M-10.0% | |
| International And Structured Finance Insurance | $148M-5.7% | $150M-5.7% | $151M-6.8% | $152M-6.7% | $157M-3.1% | |
| US Public Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| Insurance Loss Recoverable by Business | ||||||
| International And Structured Finance Insurance | $93M-15.5% | $95M-18.1% | $97M-22.4% | $106M-10.9% | $110M-9.8% | |
| US Public Finance Insurance | $228M-63.2% | $373M-37.8% | $516M-12.1% | $670M+18.4% | $620M+18.5% | |
| Losses And Loss Adjustment by Business | ||||||
| Corporate Operations | $0— | $0— | $0— | $0— | $0— | |
| International And Structured Finance Insurance | $3M-78.6% | $13M+160% | $10M-58.3% | $15M+400% | $14M+450% | |
| Employee Benefits And Share Based Compensation by Business | ||||||
| Corporate Operations | $45M+32.4% | $44M0.0% | $42M-18.0% | $37M-36.8% | $34M-47.5% | |
| 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 | $936M-3.7% | $944M-10.6% | $947M-17.9% | $967M-20.2% | $972M-29.1% | |
| US Public Finance Insurance | $930M-23.3% | $1.01B-12.6% | $1.09B+0.3% | $1.16B+12.3% | $1.21B+49.6% |
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.
