MBIA Inc. (MBI)
NYSE: MBI · Surety Insurance · Purchase, NY · filing with the SEC since 1994
Grade3.4
◀ Past 3.7● Present 1.4▶ Future 5.5
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 26, 2026 | Feb 27, 2025 | Feb 28, 2024 | Feb 28, 2023 | Feb 28, 2022 | Mar 1, 2021 | Feb 27, 2020 | Feb 28, 2019 | Mar 1, 2018 | Mar 1, 2017 |
| Revenue | 80 | 42 | 7 | 154 | 189 | 282 | 280 | 162 | 433 | 294 |
| For insurers | ||||||||||
| Premiums earned | · | · | · | · | · | · | · | · | · | 300 |
| Benefits, claims and losses | · | · | · | · | · | · | · | · | · | 220 |
| Total benefits, losses and expenses | 261 | 483 | 491 | 302 | 634 | 860 | 637 | 458 | 1,094 | 633 |
| Selling, general and administrative | · | · | · | · | · | 97 | 103 | 91 | · | 177 |
| Interest expense | 196 | 208 | 210 | 179 | 163 | 178 | 201 | 206 | · | 197 |
| Income before income taxes | -181 | -441 | -484 | -148 | -445 | -578 | -357 | -296 | -661 | -339 |
| Income tax expense | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 0 | 944 | -1 |
| Income from continuing operations | -181 | -441 | -484 | -149 | -445 | -578 | · | · | · | · |
| Income from discontinued operations | -2 | -3 | -3 | -54 | 0 | 0 | · | · | · | · |
| Net income including non-controlling interests | -183 | -444 | -487 | -203 | -445 | -578 | · | · | · | · |
| Net income to non-controlling interests | -6 | 3 | 4 | -8 | 0 | 0 | · | · | · | · |
| Net income | -177 | 435r | 477r | -195 | -445 | -578 | -359 | -296 | -1,605 | -338 |
| Net income to common shareholders | -181 | -441 | -484 | -149 | -445 | -578 | -359 | -296 | -1,605 | -338 |
| Earnings per share, basic | -3.58 | -9.43 | -10.18 | -3.92 | -8.99 | -9.78 | -4.43 | -3.33 | -13.50 | -2.54 |
| Earnings per share, diluted | -3.58 | -9.43 | -10.18 | -3.92 | -8.99 | -9.78 | -4.43 | -3.33 | -13.50 | -2.54 |
| Weighted average shares, basic | 49,278,281 | 47,436,079 | 48,207,574 | 49,803,739 | 49,472,281 | 59,071,843 | 81,014,285 | 89,013,711 | 118,930,282 | 133,001,088 |
| Weighted average shares, diluted | 49,278,281 | 47,436,079 | 48,207,574 | 49,803,739 | 49,472,281 | 59,071,843 | 81,014,285 | 89,013,711 | 118,930,282 | 133,001,088 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesPremiums earned insurance premiums earned in the period
us-gaap:PremiumsEarnedNetBenefits, claims and losses what it paid or set aside for claims
us-gaap:PolicyholderBenefitsAndClaimsIncurredNetTotal benefits, losses and expenses claims and every other cost together
us-gaap:BenefitsLossesAndExpensesSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseInterest expense what its borrowing cost
us-gaap:InterestExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding