Filing Flows › Mbia (MBI) › Q3 2025
Mbia (MBI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Mbia (MBI) reported revenue of $15.0M for the third quarter 2025 (Q3 2025), -48% from a year earlier and -35% from the quarter before. Operating margin was -46.7%, net loss $8.0M (53.3% of revenue).
Mbia, Q3 2025: revenue $15.0M (-48% year over year), operating margin -46.7%, net loss $8.0M, operating cash flow $90.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.0M | -35% | -48% |
| Operating profit | −$7.0M | — | — |
| Net earnings | −$8.0M | — | — |
| Operating cash flow | $90.0M | 90× | — |
What changed
Revenue was $15.0M in Q3 2025, down 48% year over year and down 35% from the previous quarter.
Operating costs exceeded revenue by $7.0M, an operating margin of -46.7%. Total costs fell 72% while revenue fell 48%. The quarter ended with a net loss of $8.0M, narrower than the previous quarter's $56.0M loss.
Operating cash flow was $90.0M. Working capital and other items added $98.0M.
Questions
What was Mbia's revenue in the third quarter 2025?
Mbia (MBI) reported revenue of $15.0M for the third quarter 2025 (Q3 2025), -48% from a year earlier and -35% from the quarter before.
Was Mbia profitable in the third quarter 2025?
Operating loss was $7.0M (-46.7% of revenue) and net loss $8.0M.
Source: Mbia 10-Q on SEC EDGAR.