MBIA (MBI)
Manages legacy public-finance and structured-finance guarantees in runoff.
$4.77
At close+0.10 (+2.14%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | −31 | 13 | −37 | 29 | 37 | 14 | 23 | 15 | 28 | 24 | 27 |
| Cost of revenue | 124 | 21 | 19 | 143 | 12 | 14 | 9 | 9 | −49 | 99 | −3 | 19 |
| Gross profit | −116 | −52 | −6 | −180 | 17 | 23 | 5 | 14 | 64 | −71 | 27 | 8 |
| 69 | 86 | 81 | 73 | 68 | 73 | 67 | 70 | 71 | −15 | 68 | 51 | |
| Other expenses | 69 | 86 | 81 | 73 | 68 | 73 | 67 | 70 | 71 | −15 | 68 | 51 |
| Operating income | −185 | −138 | −87 | −253 | −51 | −50 | −62 | −56 | −7 | −56 | −41 | −43 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest expense | 53 | 54 | 52 | 53 | 53 | 50 | 50 | 49 | 50 | 149 | 47 | 49 |
| Other non-operating income | −53 | −54 | −52 | −53 | −53 | 0 | −50 | −49 | −50 | −48 | −47 | −49 |
| Income before tax | −185 | −138 | −87 | −253 | −51 | −50 | −62 | −56 | −7 | −56 | −41 | −43 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −4 | 0 | 0 |
| Net income from continuing operations | −185 | −138 | −87 | −253 | −51 | −50 | −62 | −56 | −7 | −52 | −41 | −43 |
| Discontinued operations | −1 | −1 | 1 | −2 | −1 | −1 | 0 | 0 | −1 | 1 | −1 | 0 |
| Other adjustments | 0 | 5 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −185 | −134 | −86 | −255 | −56 | −48 | −62 | −56 | −8 | −51 | −40 | −46 |
| EPS, basic | −$3.94 | −$2.71 | −$1.84 | −$5.35 | −$1.17 | −$1.00 | −$1.28 | −$1.13 | −$0.16 | −$1.02 | −$0.80 | −$0.92 |
| EPS, diluted | −$3.94 | −$2.71 | −$1.84 | −$5.35 | −$1.17 | −$1.00 | −$1.28 | −$1.13 | −$0.16 | −$1.02 | −$0.80 | −$0.92 |
| Weighted average shares, basic | 47 | 51 | 47 | 48 | 48 | 48 | 48 | 50 | 50 | 49 | 50 | 50 |
| Weighted average shares, diluted | 47 | 51 | 47 | 48 | 48 | 48 | 48 | 50 | 50 | 49 | 50 | 50 |
| EBITDA | −132 | −84 | −35 | −200 | 2 | −50 | −12 | −7 | 43 | −8 | 6 | 6 |
| EBIT | −132 | −84 | −35 | −200 | 2 | −50 | −12 | −7 | 43 | −8 | 6 | 6 |
