Filing Flows › Mbia (MBI) › Q3 2026
Mbia (MBI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Mbia (MBI) reported revenue of $26.0M for the third quarter 2026 (Q3 2026), +73% from a year earlier and -4% from the quarter before. Operating margin was -88.5%, net loss $23.0M (88.5% of revenue).
Mbia, Q3 2026: revenue $26.0M (+73% year over year), operating margin -88.5%, net loss $23.0M, operating cash flow −$73.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.0M | -4% | +73% |
| Operating profit | −$23.0M | — | — |
| Net earnings | −$23.0M | — | — |
| Operating cash flow | −$73.0M | — | -181% |
What changed
Revenue was $26.0M in Q3 2026, up 73% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $23.0M, an operating margin of -88.5%. Total costs grew 123% against revenue growth of 73%. The quarter ended with a net loss of $23.0M, narrower than the previous quarter's $43.0M loss.
Operating cash flow was −$73.0M. Working capital and other items used $50.0M.
Questions
What was Mbia's revenue in the third quarter 2026?
Mbia (MBI) reported revenue of $26.0M for the third quarter 2026 (Q3 2026), +73% from a year earlier and -4% from the quarter before.
Was Mbia profitable in the third quarter 2026?
Operating loss was $23.0M (-88.5% of revenue) and net loss $23.0M.
Source: Mbia 10-Q on SEC EDGAR.