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NMI Holdings (NMIH) free cash flow by quarter

NMI Holdings' free cash flow was $109M in Q3 2026 (third quarter 2026), -22% from Q2 2026. Over the last 7 quarters it ranged from $60.1M (Q4 2025) to $140M (Q2 2026).

NMI Holdings free cash flow by quarterNMI Holdings free cash flow by quarter$99.4MQ1 2025$127MQ2 2025$126MQ3 2025$60.1MQ4 2025$115MQ1 2026$140MQ2 2026$109MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$109M-22%-14%
Q2 2026$140M+22%+11%
Q1 2026$115M+91%+16%
Q4 2025$60.1M-52%—
Q3 2025$126M-0.3%—
Q2 2025$127M+27%—
Q1 2025$99.4M——

Q3 2026 at a glance

NMI Holdings, Q3 2026: revenue $188M (+5% year over year), operating margin 64.1%, net earnings $93.5M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.

Questions

What is NMI Holdings' free cash flow?

NMI Holdings' free cash flow was $109M in Q3 2026 (third quarter 2026), -22% from Q2 2026.

How has NMI Holdings' free cash flow changed?

Over the last 7 quarters it ranged from $60.1M (Q4 2025) to $140M (Q2 2026).

Q3 2026 results → · How NMI Holdings makes money →