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NMI Holdings Inc. NMIH Change in loss reserves

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Other financials

Income statement

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Revenue$183.5M+5.9%
Net income$99.3M-3.1%
EPS (diluted)$1.280.0%

Balance sheet

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Cash & equivalents$70.7M-4.8%
Total debt$8.5M-17.4%
Total equity$2.6B+13.4%
Total assets$3.9B+13.1%

Cash flow

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Operating cash flow$116.1M+14.8%
CapEx$1.1M-35.5%
Free cash flow$115.0M+15.6%

Valuation

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Market cap$2.92B+1.3%
P/E7.6×-0.1×
P/S4.1×-0.2×

Profitability

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Net margin53.8%-2.1pp
FCF margin59.7%+3.3pp

Returns & leverage

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Return on equity15.6%-1.8pp
Debt / equity0.0×

Where this comes from

Reported directly by NMI Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve.

The official record: NMI Holdings Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NMI Holdings Inc.'s change in loss reserves?
NMI Holdings Inc. (NMIH) reported change in loss reserves of $14.78M in Q1 2026.
How has NMI Holdings Inc.'s change in loss reserves changed year-over-year?
NMI Holdings Inc.'s change in loss reserves increased by 6696.0% year-over-year, from -$224K to $14.78M.
What is the long-term trend for NMI Holdings Inc.'s change in loss reserves?
Over 3 years (2021 to 2025), NMI Holdings Inc.'s change in loss reserves has grown at a 46.7% compound annual growth rate (CAGR), from $14.04M to $44.36M.
What does change in loss reserves mean?
This represents the change in the estimated liability for unpaid insurance claims and associated adjustment expenses. It reflects the company's assessment of future claim costs based on current underwriting experience and actuarial projections. Changes in this metric are critical for evaluating the adequacy of the company's loss reserving practices and overall underwriting profitability.