What is NMI Holdings Inc.'s market cap?

NMI Holdings Inc. (NMIH) has a market capitalization of $3.3B and trades on NASDAQ.

What is NMI Holdings Inc.'s revenue and profitability?

NMI Holdings Inc. generated $716.7M in trailing twelve-month revenue with net income of $385.7M, representing a net margin of 53.8%, with free cash flow of $428.1M. These figures are based on the Q1 2026 filing.

Who are NMI Holdings Inc.'s competitors?

NMI Holdings Inc.'s key competitors include MGIC Investment Corporation, Enact Holdings, Inc., Radian Group Inc., and others. These companies compete in similar markets and product categories.

Who does NMI Holdings Inc. partner with?

NMI Holdings Inc.'s notable partners include Fannie Mae, Freddie Mac, Tata Consultancy Services, and others.

What subsidiaries does NMI Holdings Inc. have?

NMI Holdings Inc.'s subsidiaries include National Mortgage Insurance Corporation, NMI Services Inc., Re One Inc..

Where is NMI Holdings Inc. headquartered?

NMI Holdings Inc. is headquartered in United States of America and employs approximately 234 people. It has been publicly traded since 2013.

NMI Holdings Inc.

NMIH

NMI Holdings Inc. provides private mortgage insurance (MI) through its primary subsidiary, National Mortgage Insurance Corporation (NMIC).

Market cap

$3.27B+12.6%

Revenue$716.7M+7.3%

Net income$385.7M+3.2%

Free cash flow$428.1M+13.6%

EPS (diluted)$4.91+6.1%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$154.8MBeat by $815.0K EPS$1.28Beat by $0.06

Read the full report

Next report

Jul 30, 2026 (Tomorrow)

Revenue estimate$156.3M

EPS estimate$1.28

Financials

Q1 2026

Income statement

See full

Revenue$183.5M+5.9%

Net income$99.3M-3.1%

EPS (diluted)$1.280.0%

Balance sheet

See full

Cash & equivalents$70.7M-4.8%

Total equity$2.6B+13.4%

Total assets$3.9B+13.1%

Cash flow

See full

Operating cash flow$116.1M+14.8%

CapEx$1.1M-35.5%

Free cash flow$115.0M+15.6%

Valuation & ratios

Valuation

See full

Market cap$3.27B+12.6%

P/E8.5×+0.7×

P/S4.6×+0.2×

Profitability

See full

Net margin53.8%-2.1pp

FCF margin59.7%+3.3pp

Returns & leverage

See full

Return on equity15.6%-1.8pp

Competitors

By market cap

Arch Capital Group$36.3B+12.0%

Enact Holdings, Inc.$6.6B+24.8%

MGIC Investment Corp.$6.3B+4.6%

ESN

Essent Group$6.1B+7.5%

Radian Group$5.2B+15.2%

Genworth Financial$3.8B+12.8%

NMI Holdings Inc.$3.3B+10.7%

MBI

MBIA$281.7M+14.6%

By revenue growth

MBI

MBIA+109%

Radian Group+14.1%

Arch Capital Group+8.8%

NMI Holdings Inc.+7.3%

Enact Holdings, Inc.+2.0%

ESN

Essent Group+1.4%

Genworth Financial+1.0%

MGIC Investment Corp.-1.9%

By net margin

MGIC Investment Corp.59.2%-3.4pp

Enact Holdings, Inc.54.49%-2.4pp

NMI Holdings Inc.53.82%-2.1pp

ESN

Essent Group53.64%-3.7pp

Radian Group41.08%-8.7pp

Arch Capital Group24.63%+3.9pp

Genworth Financial2.96%0.0pp

MBI

MBIA-181.11%+796pp

Profile

NMI Holdings Inc. provides private mortgage insurance (MI) through its primary subsidiary, National Mortgage Insurance Corporation (NMIC). The company protects lenders and investors from default-related losses on high loan-to-value residential mortgages, facilitating the sale of these loans into the secondary market. Its core value proposition centers on a proprietary risk-based pricing platform and a disciplined approach to risk management and customer service.

Competitive position

NMIH is one of six approved private mortgage insurance participants in a highly competitive U.S. market, utilizing a proprietary dynamic pricing platform to differentiate on risk selection.

GeographiesUnited States

Customer segmentsFinancial institutions, Mortgage lenders, Government-sponsored enterprises

Business modelInsurance premiums, Risk-based pricing, B2B service provider

SuppliersThird-party underwriters (USPs), IT service providers, Reinsurance companies, Investment managers

CustomersFannie Mae, Freddie Mac, Mortgage loan servicers, Primary mortgage lenders

CountryUnited States of America

Listed2013

Employees234.0

CEOAdam S. Pollitzer

SectorFinancial Services

IndustryInsurance - Specialty

Websitenationalmi.com

FilingsSEC EDGAR

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Questions, answered.

What is NMI Holdings Inc.'s market cap?: NMI Holdings Inc. (NMIH) has a market capitalization of $3.3B and trades on NASDAQ.
What is NMI Holdings Inc.'s revenue and profitability?: NMI Holdings Inc. generated $716.7M in trailing twelve-month revenue with net income of $385.7M, representing a net margin of 53.8%, with free cash flow of $428.1M. These figures are based on the Q1 2026 filing.
Who are NMI Holdings Inc.'s competitors?: NMI Holdings Inc.'s key competitors include MGIC Investment Corporation, Enact Holdings, Inc., Radian Group Inc., and others. These companies compete in similar markets and product categories.
Who does NMI Holdings Inc. partner with?: NMI Holdings Inc.'s notable partners include Fannie Mae, Freddie Mac, Tata Consultancy Services, and others.
What subsidiaries does NMI Holdings Inc. have?: NMI Holdings Inc.'s subsidiaries include National Mortgage Insurance Corporation, NMI Services Inc., Re One Inc..
Where is NMI Holdings Inc. headquartered?: NMI Holdings Inc. is headquartered in United States of America and employs approximately 234 people. It has been publicly traded since 2013.