NMI Holdings, Inc. (NMIH) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 2.83%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 2.83% | Share-based compensation / revenue. Period ending 2026-06-30. $20.71M ÷ $730.78M × 100 ≈ 2.83% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 730.78M USD | |
| Stock-based compensation | 20.71M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | (m) | |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $730.78M | $20.71M | (m) | (m) | (m) | 2.83% | (m) | (m) |
| 2026-03-31 | (m) | $716.67M | $20.36M | (m) | (m) | (m) | 2.84% | (m) | (m) |
| 2025-12-31 | (m) | $706.44M | $20.19M | (m) | (m) | (m) | 2.86% | (m) | (m) |
| 2025-09-30 | (m) | $692.21M | $21.11M | (m) | (m) | (m) | 3.05% | (m) | (m) |
| 2025-06-30 | (m) | $679.62M | $21.04M | (m) | (m) | (m) | 3.10% | (m) | (m) |
| 2025-03-31 | (m) | $667.96M | $20.20M | (m) | (m) | (m) | 3.02% | (m) | (m) |
| 2024-12-31 | (m) | $650.97M | $19.81M | (m) | (m) | (m) | 3.04% | (m) | (m) |
| 2024-09-30 | (m) | $635.85M | $18.68M | (m) | (m) | (m) | 2.94% | (m) | (m) |
| 2024-06-30 | (m) | $617.91M | $17.98M | (m) | (m) | (m) | 2.91% | (m) | (m) |
| 2024-03-31 | (m) | $598.48M | $17.54M | (m) | $32.21M | (m) | 2.93% | (m) | Reported |
| 2023-12-31 | (m) | $579.00M | $16.91M | (m) | $32.21M | (m) | 2.92% | (m) | Reported |
| 2023-09-30 | (m) | $560.73M | $14.39M | (m) | $32.18M | (m) | 2.57% | (m) | Reported |
| 2023-06-30 | (m) | $543.15M | $14.53M | (m) | $32.16M | (m) | 2.68% | (m) | Reported |
| 2023-03-31 | (m) | $532.68M | $14.72M | (m) | $32.16M | (m) | 2.76% | (m) | Reported |
| 2022-12-31 | (m) | $523.35M | $15.43M | (m) | $32.16M | (m) | 2.95% | (m) | Reported |
| 2022-09-30 | (m) | $515.31M | $18.50M | (m) | $32.16M | (m) | 3.59% | (m) | Reported |
| 2022-06-30 | (m) | $508.77M | $18.34M | (m) | $32.05M | (m) | 3.60% | (m) | Reported |
| 2022-03-31 | (m) | $497.32M | $17.85M | (m) | $31.92M | (m) | 3.59% | (m) | Reported |
| 2021-12-31 | (m) | $485.07M | $16.68M | (m) | $31.80M | (m) | 3.44% | (m) | Reported |
| 2021-09-30 | (m) | $469.90M | $13.01M | (m) | $31.67M | (m) | 2.77% | (m) | Reported |
| 2021-06-30 | (m) | $453.64M | $12.25M | (m) | $31.54M | (m) | 2.70% | (m) | Reported |
| 2021-03-31 | (m) | $440.83M | $11.59M | (m) | $29.56M | (m) | 2.63% | (m) | Reported |
| 2020-12-31 | (m) | $433.28M | $11.12M | (m) | $24.39M | (m) | 2.57% | (m) | Reported |
| 2020-09-30 | (m) | $428.28M | $11.41M | (m) | $19.45M | (m) | 2.66% | (m) | Reported |
| 2020-06-30 | (m) | $422.08M | $11.85M | (m) | $14.64M | (m) | 2.81% | (m) | Reported |
| 2020-03-31 | (m) | $405.31M | $12.60M | (m) | $11.77M | (m) | 3.11% | (m) | Reported |
| 2019-12-31 | (m) | $378.77M | $13.03M | (m) | $12.09M | (m) | 3.44% | (m) | Reported |
| 2019-09-30 | (m) | $350.13M | $13.63M | (m) | $12.14M | (m) | 3.89% | (m) | Reported |
| 2019-06-30 | (m) | $320.31M | $13.19M | (m) | $12.13M | (m) | 4.12% | (m) | Reported |
| 2019-03-31 | (m) | $296.58M | $12.73M | (m) | $14.62M | (m) | 4.29% | (m) | Reported |
| 2018-12-31 | (m) | $275.02M | $12.56M | (m) | $14.98M | (m) | 4.57% | (m) | Reported |
| 2018-09-30 | (m) | $253.30M | $11.33M | (m) | $15.33M | (m) | 4.47% | (m) | Reported |
| 2018-06-30 | (m) | $230.50M | $11.09M | (m) | $15.71M | (m) | 4.81% | (m) | Reported |
| 2018-03-31 | (m) | $205.24M | $10.38M | (m) | $13.45M | (m) | 5.06% | (m) | Reported |
| 2017-12-31 | (m) | $182.74M | $9.48M | (m) | $13.53M | (m) | 5.19% | (m) | Reported |
| 2017-09-30 | (m) | $164.83M | $8.80M | (m) | (m) | (m) | 5.34% | (m) | (m) |
| 2017-06-30 | (m) | $151.40M | $7.92M | (m) | (m) | (m) | 5.23% | (m) | (m) |
| 2017-03-31 | (m) | $138.68M | $7.36M | (m) | (m) | (m) | 5.30% | (m) | (m) |
| 2016-12-31 | (m) | $123.81M | $6.85M | (m) | (m) | (m) | 5.54% | (m) | (m) |
| 2016-09-30 | (m) | $106.05M | $7.27M | (m) | (m) | (m) | 6.85% | (m) | (m) |
| 2016-06-30 | (m) | $85.23M | $7.25M | (m) | (m) | (m) | 8.50% | (m) | (m) |
| 2016-03-31 | (m) | $66.65M | $7.58M | (m) | (m) | (m) | 11.37% | (m) | (m) |
| 2015-12-31 | (m) | $53.61M | $8.17M | (m) | (m) | (m) | 15.25% | (m) | (m) |
| 2015-09-30 | (m) | $44.62M | $8.20M | (m) | (m) | (m) | 18.38% | (m) | (m) |
| 2015-06-30 | (m) | $35.30M | $8.56M | (m) | (m) | (m) | 24.26% | (m) | (m) |
| 2015-03-31 | (m) | $28.35M | $8.85M | (m) | (m) | (m) | 31.22% | (m) | (m) |
| 2014-12-31 | (m) | $22.21M | $9.18M | (m) | (m) | (m) | 41.34% | (m) | (m) |
| 2014-09-30 | (m) | $17.55M | $8.41M | (m) | (m) | (m) | 47.93% | (m) | (m) |
| 2014-06-30 | (m) | $13.10M | $8.21M | (m) | (m) | (m) | 62.66% | (m) | (m) |
| 2014-03-31 | (m) | $9.33M | $9.69M | (m) | (m) | (m) | 103.78% | (m) | (m) |
| 2013-12-31 | (m) | $5.56M | $10.37M | (m) | (m) | (m) | 186.46% | (m) | (m) |
| 2013-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-12-31 | (m) | $284.00K | $6.12M | (m) | (m) | (m) | 2153.17% | (m) | (m) |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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