Filing Flows › NMI Holdings (NMIH) › Operating margin
NMI Holdings (NMIH) operating margin by quarter
NMI Holdings' operating margin was 64.1% in Q3 2026 (third quarter 2026), -8.7 pts from Q2 2026. Over the last 7 quarters it ranged from 64.1% (Q3 2026) to 75.8% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 64.1% | -8.7 pts | -5.1 pts |
| Q2 2026 | 72.9% | +4.8 pts | +1.8 pts |
| Q1 2026 | 68.1% | +1.1 pts | -7.7 pts |
| Q4 2025 | 67.0% | -2.2 pts | — |
| Q3 2025 | 69.2% | -1.9 pts | — |
| Q2 2025 | 71.1% | -4.7 pts | — |
| Q1 2025 | 75.8% | — | — |
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' operating margin?
NMI Holdings' operating margin was 64.1% in Q3 2026 (third quarter 2026), -8.7 pts from Q2 2026.
How has NMI Holdings' operating margin changed?
Over the last 7 quarters it ranged from 64.1% (Q3 2026) to 75.8% (Q1 2025).