---
schema_version: "secwatch.filing_event.v1"
accession: "0001547903-23-000084"
form_type: "8-K"
ticker: "NMIH"
cik: "0001547903"
company_name: "NMI Holdings, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:26:45.694228+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NMI Holdings Q1 net income $74.5M ($0.88 diluted), revenue $136.8M

## Summary
- Net income of $74.5M ($0.88 diluted) up 10% from $67.7M ($0.77) in Q1 2022.
- Total revenue $136.8M vs $127.4M YoY; net premiums earned $121.8M up 5%.
- Primary insurance-in-force $186.7B, up 18% from $158.9B a year ago.
- Book value per share ex unrealized gains/losses $22.56, up 19% YoY.
- Underwriting & operating expenses $25.8M, down 22% from $32.9M YoY.

## SEC filing metadata
- accession: 0001547903-23-000084
- form_type: 8-K
- ticker: NMIH
- cik: 0001547903
- company_name: NMI Holdings, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547903/000154790323000084/0001547903-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547903/000154790323000084/nmih-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001547903-23-000084
- JSON: https://secwatch.observer/filing/0001547903-23-000084.json
- Plain text: https://secwatch.observer/filing/0001547903-23-000084.txt

## Key facts
- Earnings Releases
  NMI Holdings, Inc. reported First quarter 2023 (fiscal quarter ended March 31, 2023) results: net income net income of $74.5 million, EPS $0.88 per diluted share.
  - Period: First quarter 2023 (fiscal quarter ended March 31, 2023)
  - Net income: net income of $74.5 million
  - EPS: $0.88 per diluted share
  - Result: reported results
  source text: NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $74.5 million, or $0.88 per diluted share, for the first quarter ended March 31, 2023, which compares to $72.9 million, or $0.86 per diluted share, in the fourth quarter ended December 31, 2022 and $67.7 million, or $0.77 per diluted share, in the first quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790323000084/0001547903-23-000084-index.htm

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