NMI Holdings, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 21.2% | 51.7% |
| FY2017 | — | 36.3% | 12.1% |
| FY2018 | — | 54.9% | 39.2% |
| FY2019 | — | 60.4% | 45.4% |
| FY2020 | — | 56.0% | 39.6% |
| FY2021 | — | 67.7% | 47.6% |
| FY2022 | — | 78.2% | 56.0% |
| FY2023 | — | 76.8% | 55.6% |
| FY2024 | — | 71.2% | 55.3% |
| FY2025 | — | 70.7% | 55.1% |