Mbia Inc. (MBI)
NYSE · Surety Insurance · Finance, insurance and real estate · CIK 814585 · fiscal year ends in Dec
Closing price $4.47 on 30 Oct 2026; 52-week range $4.26 to $7.72.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $94.0M
- Revenue growth
- -8.7%
- Earnings per share
- -$2.89
- Operating margin
- -156.4%
- Market value
- $228.0M
- Cash
- $117.0M
- Debt
- $2.8B
- Shares outstanding
- 51.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $80.0M | -$181.0M | -$177.0M | -$3.58 | – | 10-K filed 26 Feb 2026 |
| FY2024 | 31 Dec 2024 | $42.0M | -$441.0M | $435.0M | -$9.43 | – | 10-K filed 27 Feb 2025 |
| FY2023 | 31 Dec 2023 | $7.0M | -$484.0M | $477.0M | -$10.18 | -$195.0M | 10-K filed 28 Feb 2024 |
| FY2022 | 31 Dec 2022 | $154.0M | -$148.0M | -$195.0M | -$3.92 | -$418.0M | 10-K filed 28 Feb 2023 |
| FY2021 | 31 Dec 2021 | $189.0M | -$445.0M | -$445.0M | -$8.99 | $510.0M | 10-K filed 28 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $27.0M | -$46.0M | -$0.91 |
| Q1 FY2026 | 31 Mar 2026 | $24.0M | -$40.0M | -$0.80 |
| Q4 FY2025 | 31 Dec 2025 | $28.0M | – | -$1.01 |
| Q3 FY2025 | 30 Sep 2025 | $15.0M | -$8.0M | -$0.17 |
| Q2 FY2025 | 30 Jun 2025 | $23.0M | -$56.0M | -$1.12 |
| Q1 FY2025 | 31 Mar 2025 | $14.0M | -$62.0M | -$1.28 |
| Q4 FY2024 | 31 Dec 2024 | $37.0M | -$51.0M | -$1.07 |
| Q3 FY2024 | 30 Sep 2024 | $29.0M | -$56.0M | -$1.18 |
Company events
The newest 8-K filings of 268 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 6 Aug 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 7 May 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 26 Feb 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 4 Nov 2025 | 8-K | Results, Investor update | 2.02, 7.01 |
| 19 Aug 2025 | 8-K | Other events | 8.01 |
| 6 Aug 2025 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 8 May 2025 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 27 Feb 2025 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 13 Feb 2025 | 8-K | Leadership change | 5.02 |
| 7 Nov 2024 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 6 Aug 2024 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 9 May 2024 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
Every filing
The newest filings with the SEC of 655 held.
| Filed | Form | Period |
|---|---|---|
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 9 Jun 2026 | 11-K | 31 Dec 2025 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 2 Apr 2026 | DEFA14A | – |
| 23 Mar 2026 | DEF 14A | 23 Mar 2026 |
| 23 Mar 2026 | ARS | 31 Dec 2025 |
| 26 Feb 2026 | 8-K | 26 Feb 2026 |
| 26 Feb 2026 | 10-K | 31 Dec 2025 |
| 4 Nov 2025 | 10-Q | 30 Sep 2025 |
| 4 Nov 2025 | 8-K | 4 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | KAHN BROTHERS GROUP INC | 13G | 8.3% | 4.2M |
| 13 Aug 2026 | Wolf Hill Capital Management, LP | 13G amended | 4.2% | 2.1M |
| 23 Jul 2026 | Leeam S. Lowin | 13G | 6.5% | 3.3M |
| 14 May 2026 | Wolf Hill Capital Management, LP | 13G amended | 5% | 2.5M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 13 Feb 2026 | Wolf Hill Capital Management, LP | 13G | 5.1% | 2.6M |
| 30 Jan 2026 | The Vanguard Group | 13G | 5.03% | 2.5M |
| 31 Oct 2025 | The Vanguard Group | 13G amended | 4.96% | 2.5M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 3.0M | +2.14% | 9.4 |
| 30 Sep 2026 | 2.9M | +2.61% | 6.33 |
| 15 Sep 2026 | 2.8M | +1.65% | 7.13 |
| 31 Aug 2026 | 2.8M | -5.91% | 4.64 |
| 14 Aug 2026 | 3.0M | +13.02% | 5.78 |
| 31 Jul 2026 | 2.6M | +7.28% | 5.6 |
| 15 Jul 2026 | 2.5M | +3.89% | 8.54 |
| 30 Jun 2026 | 2.4M | +0.05% | 6.14 |
Funds that hold it
From each fund's latest Form 13F.
149 funds held it at 30 Jun 2026: 67 added and 33 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Kahn Brothers Group Inc. | 4,213,920 | $27.5M | +2,157,486 |
| BlackRock, Inc. | 3,673,151 | $23.9M | +280,169 |
| Wolf Hill Capital Management, LP | 2,118,014 | $13.8M | -427,529 |
| Vanguard Capital Management LLC | 1,991,235 | $13.0M | +15,996 |
| Valueworks LLC | 1,967,228 | $12.8M | +35,338 |
| Hosking Partners LLP | 1,549,265 | $10.1M | -35,648 |
| Geode Capital Management, LLC | 1,142,258 | $7.4M | +55,737 |
| State Street Corp. | 1,092,959 | $7.1M | +24,206 |
| Cerity Partners LLC | 1,087,425 | $7.1M | +655,209 |
| TCW Group Inc. | 1,065,260 | $6.9M | +26,800 |
Peers
Companies in the same industry.
- Old Republic International Corp. (ORI): revenue $9.8B, market value $9.2B
- Essent Group Ltd. (ESNT): revenue $1.3B, market value $6.0B
- Mgic Investment Corp. (MTG): revenue $1.2B, market value $5.9B
- Radian Group Inc. (RDN): revenue $1.6B, market value $4.7B
- NMI Holdings, Inc. (NMIH): revenue $730.8M, market value $3.2B
- Assured Guaranty Ltd. (AGO): revenue $940.0M, market value $3.1B
- Octave Specialty Group Inc. (OSG): revenue $320.7M, market value $227.3M