---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-212053"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:19:48.994036+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MBIA Q1 2026 GAAP net loss narrows to $40M from $62M; adjusted loss unchanged

## Summary
- GAAP net loss $40M ($0.80/share) vs $62M ($1.28) in Q1 2025, driven by favorable FX and loss adjustments.
- Adjusted net loss (non-GAAP) $8M ($0.16/share), unchanged from Q1 2025.
- National statutory capital $950M; insured portfolio $21.5B gross par; leverage ratio 23:1.
- MBIA Corp statutory capital $79M, claims-paying resources $316M.
- Liquidity $353M; $71M remaining share repurchase authorization; 50.9M shares outstanding.

## SEC filing metadata
- accession: 0001193125-26-212053
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000119312526212053/0001193125-26-212053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000119312526212053/mbi-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-212053
- JSON: https://secwatch.observer/filing/0001193125-26-212053.json
- Plain text: https://secwatch.observer/filing/0001193125-26-212053.txt

## Source-grounded claims
- claim_id: b811255ee2317a6fbfbedff68b506ee7a93fc57e
  claim: MBIA INC reported financial results for the quarter ended March 31, 2026.
  evidence_excerpt: On May 7, 2026, MBIA Inc. (“MBIA”) issued a press release announcing that the Registrant’s results of operations for the quarter ended March 31, 2026, were available via a financial results report on the Registrant’s website at https://investor.mbia.com/investor-relations/financial-information/default.aspx .
  evidence_url: https://www.sec.gov/Archives/edgar/data/814585/000119312526212053/0001193125-26-212053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.