MBI MBIA INC

Overview and Growth

In fiscal 2025, MBIA INC recorded $80.00M of revenue, net loss of $177.00M, and an operating cash inflow of $38.00M. Revenue of $80.00M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $42.00M in fiscal 2024, revenue recorded a 90.5% year-over-year increase. On a per-share basis, diluted EPS was -$3.58, which connects the reported earnings outcome with the company’s diluted share count. Diluted shares averaged 49.28M; this is the reported share base over which the company’s diluted per-share earnings were spread. Compared with 47.44M diluted shares in fiscal 2024, the current 49.28M base was 3.9% higher. Total assets stood at $2.01B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.04x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The company ended the period with a net loss of $177.00M, extending the operating result through all remaining items. The net loss equaled 221.2% of revenue, showing the bottom-line deficit relative to the company’s sales base. Before income taxes, the company recorded a loss of $181.00M, bridging the operating result to the final net loss. Pretax margin was -226.3%, reflecting a pre-tax loss equal to 226.3% of revenue. The reported income-tax provision was $0.00, the amount recognized between pretax income and the final net-income result. The loss-to-assets relationship was 8.8%, placing the bottom-line deficit against the company’s resource base. The bottom line deteriorated from $435.00M of income in fiscal 2024 to a $177.00M loss.

Liquidity and Capital Structure

At period end, the $2.01B asset base was financed through $4.24B of liabilities and -$2.23B of equity. The company reported negative equity of -$2.23B, a capital deficit that reduces its ability to absorb losses through book equity. Reported cash and equivalents were $71.00M, separating immediately recognizable cash resources from the rest of the current-asset base. Book equity represented -110.8% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 210.8% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 3.5%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 7.1% from $2.17B in fiscal 2024, leaving current total assets lower year over year. Compared with $87.00M in fiscal 2024, the current cash balance moved 18.4% and finished lower.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $38.00M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow moved from a $176.00M outflow in fiscal 2024 to a $38.00M inflow.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.