What is NI Holdings's market cap?

NI Holdings (NODK) has a market capitalization of $324.4M and trades on NASDAQ.

What is NI Holdings's revenue and profitability?

NI Holdings generated $273.2M in trailing twelve-month revenue with a net loss of $4.4M, representing a net margin of -1.6%. Gross margin stands at 30.2%, with free cash flow of -$30.6M. These figures are based on the Q1 2026 filing.

Who are NI Holdings's competitors?

NI Holdings's key competitors include Progressive, National General, Chubb, and others. These companies compete in similar markets and product categories.

Who does NI Holdings partner with?

NI Holdings's notable partners include North Dakota Farm Bureau, American Farm Bureau Insurance Services, American Agricultural Insurance Company, and others.

What subsidiaries does NI Holdings have?

NI Holdings's subsidiaries include Nodak Insurance Company, American West Insurance Company, Battle Creek Insurance Company, and others.

Where is NI Holdings headquartered?

NI Holdings is headquartered in United States of America and employs approximately 234 people. It has been publicly traded since 2017.

NI Holdings

NODK

NI Holdings, Inc. is a property and casualty insurance holding company that provides a diverse range of personal and commercial insurance products.

Market cap

$324.43M+21.7%

Revenue$273.2M-15.2%

Net income-$4.4M+53.8%

Free cash flow-$30.6M-131%

EPS (diluted)-$0.20+56.5%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 8, 2026

Revenue$59.6M EPS$0.60

Read the full report

Next report

Aug 7, 2026 (In 1 week)

Financials

Q1 2026

Income statement

See full

Revenue$59.6M-16.6%

Net income$12.5M+93.6%

EPS (diluted)$0.60+93.5%

Balance sheet

See full

Cash & equivalents$57.7M+0.9%

Total assets$492.1M-6.3%

Cash flow

See full

Operating cash flow-$1.9M-119%

CapEx$42.0K+110%

Free cash flow-$1.9M-119%

Valuation & ratios

Valuation

See full

Market cap$324.43M+21.7%

P/S1.2×+0.3×

Profitability

See full

Net margin-1.6%—

Competitors

By market cap

Chubb$139.21B+31.3%

Progressive$125.44B-11.2%

Allstate$67.3B+32.3%

The Hanover Insurance Group$7.7B+29.5%

Safety Insurance Group$1.5B+45.0%

Heritage Insurance Holdings$864.0M+35.2%

NOD

NI Holdings$324.4M+19.4%

PRH

Presurance Holdings, Inc.$20.1M—

By revenue growth

Safety Insurance Group+10.7%

The Hanover Insurance Group+5.6%

Allstate+4.4%

NOD

NI Holdings-15.2%

By net margin

Chubb18.58%—

Allstate17.77%+11.6pp

Progressive12.92%—

The Hanover Insurance Group11.17%+2.5pp

Safety Insurance Group4.94%-1.4pp

NOD

NI Holdings-1.6%+1.3pp

Profile

NI Holdings, Inc. is a property and casualty insurance holding company that provides a diverse range of personal and commercial insurance products. The company leverages a multi-brand strategy to offer protection for automobiles, homes, farms, and agricultural crops across the Midwest and Western United States. Its core value proposition centers on disciplined underwriting, local expertise, and a strong marketing affiliation with the North Dakota Farm Bureau.

Competitive position

A leading domestic property and casualty insurer in North Dakota with a dominant position in the farmowners and crop insurance markets through its Farm Bureau affiliation.

GeographiesUnited States, North Dakota, South Dakota, Nebraska, Illinois, Minnesota, Arizona, Nevada

Customer segmentsIndividual Consumers, Agricultural Producers, Small to Medium Businesses

Business modelB2C Insurance Provider, B2B Insurance Provider, Underwriting

SuppliersReinsurance providers, Federal Crop Insurance Corporation, Risk Management Agency, Investment management services

CustomersCaptive insurance agents, Independent insurance agencies, Individual policyholders, Agricultural businesses

CountryUnited States of America

Listed2017

Employees234.0

CEOCindy L. Launer

SectorFinancial Services

IndustryInsurance - Property & Casualty

Websiteniholdingsinc.com

FilingsSEC EDGAR

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Questions, answered.

What is NI Holdings's market cap?: NI Holdings (NODK) has a market capitalization of $324.4M and trades on NASDAQ.
What is NI Holdings's revenue and profitability?: NI Holdings generated $273.2M in trailing twelve-month revenue with a net loss of $4.4M, representing a net margin of -1.6%. Gross margin stands at 30.2%, with free cash flow of -$30.6M. These figures are based on the Q1 2026 filing.
Who are NI Holdings's competitors?: NI Holdings's key competitors include Progressive, National General, Chubb, and others. These companies compete in similar markets and product categories.
Who does NI Holdings partner with?: NI Holdings's notable partners include North Dakota Farm Bureau, American Farm Bureau Insurance Services, American Agricultural Insurance Company, and others.
What subsidiaries does NI Holdings have?: NI Holdings's subsidiaries include Nodak Insurance Company, American West Insurance Company, Battle Creek Insurance Company, and others.
Where is NI Holdings headquartered?: NI Holdings is headquartered in United States of America and employs approximately 234 people. It has been publicly traded since 2017.