MBIA INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $80.0M | $42.0M | $7.0M | $154.0M | $189.0M |
| Interest expense | $196.0M | $208.0M | $210.0M | $179.0M | $163.0M |
| Pretax income | -$181.0M | -$441.0M | -$484.0M | -$148.0M | -$445.0M |
| Income tax expense | $0 | $0 | $0 | $1.0M | $0 |
| Net income | -$177.0M | $435.0M | $477.0M | -$195.0M | -$445.0M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | — | $160.0M |
| Total assets | $2.0B | $2.2B | $2.6B | $3.4B | $4.7B |
| Total liabilities | $4.2B | $4.2B | $4.3B | $4.3B | $5.0B |
| Total debt | $2.8B | $2.7B | $2.6B | $2.4B | $2.3B |
| Stockholders' equity | -$2.2B | -$2.1B | -$1.7B | -$882.0M | -$313.0M |
| Cash Flow Statement | |||||
| Cash from operations | $38.0M | -$176.0M | -$195.0M | -$418.0M | $511.0M |
| Capital expenditure | — | — | $0 | $0 | $1.0M |
| Free cash flow | — | — | -$195.0M | -$418.0M | $510.0M |
| Dividends paid | $0 | $0 | $409.0M | $0 | $0 |
| Share repurchases | $7.0M | $4.0M | $38.0M | $3.0M | $1.0M |
Shares outstanding 50.9M
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.