)
Edge6 Feb 2026
SharkNinja: Viral by Design
How SharkNinja built a repeatable growth engine, turning overlooked appliance categories into global brands through consumer insight and iteration.
NMI
NMI (NMIH) investor relations material
NMI Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary10 Feb, 2026
Executive summary
Delivered record operating and financial results in Q4 and full-year 2025, with strong growth in insured portfolio and profitability, capping a successful year with industry-leading credit performance and customer development.
Ended 2025 with $49B of new insurance written (NIW) and $221.4B of primary insurance in force, the fastest-growing and highest-quality portfolio in the MI industry.
Net income for Q4 2025 was $94.2M ($1.20 per diluted share), up from $86.2M in Q4 2024; full-year 2025 net income was $388.9M ($4.92 per diluted share), up from $360.1M in 2024.
Recognized for corporate culture and innovation, with 90 new lenders activated and over 1,700 active accounts.
Financial highlights
Q4 2025 total revenue reached a record $180.7M; GAAP net income was $94.2M; return on equity was 14.8%.
Full-year 2025 revenue was $706.4M (up 9% YoY); net income $388.9M (up 8% YoY); diluted EPS $4.92 (up 11% YoY); return on equity 16.2%.
Net premiums earned in Q4 were $152.5M, up from $143.5M in Q4 2024; investment income was $27.5M, up from $22.7M YoY.
Book value per share at year-end was $33.98 ($34.58 excluding unrealized investment gains/losses), up 16% YoY.
Insurance claims and claim expenses rose to $21.2M in Q4 2025, with a loss ratio of 13.9%.
Outlook and guidance
Expectation for continued strong performance in 2026, with stable core premium yield and a constructive industry environment.
Persistency expected to gradually normalize toward historical levels as refinancing activity increases.
No significant changes anticipated in expense discipline or capital management; share buybacks expected to continue at ~$25M per quarter.
Management expects to continue delivering differentiated growth, returns, and value for shareholders, citing a strong customer franchise and robust balance sheet.
FHA premium reduction: What's the company view?
Credit normalization: How will it evolve?
AI deployment: Expected expense or investment impact?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next NMI earnings date
Q1 202628 Apr, 2026
NMI
Next NMI earnings date
Q1 202628 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
NMI Holdings Inc provides private mortgage insurance to protect lenders and investors from borrower default. The company offers risk-based pricing and underwriting solutions to support homeownership in the United States. It serves mortgage lenders, banks, and credit unions. The company is headquartered in Emeryville, California, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage