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NI Holdings NODK All Other — Direct Premiums Earned

Other segment segments

Private Passenger Auto
$22.65M-6.3%
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$13.91M+9.9%

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Other financials

Income statement

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Revenue$70.2M-7.7%
Gross profit$15.7M-13.5%
Net income$146.0K+101%
EPS (diluted)$0.01+102%

Balance sheet

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Cash & equivalents$51.6M-9.1%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$543.1M-12.4%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$19.0K-88.3%
Free cash flow-$1.9M-119%

Valuation

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Market cap$313.01M+19.6%
P/E40×
P/S1.2×+0.3×

Profitability

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Gross margin30.2%-1.8pp
Net margin2.9%
FCF margin-2.4%

Returns & leverage

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Return on equity-5%-2.1pp
Debt / equity0.0×

Where this comes from

Reported directly by NI Holdings in its filing.

Tagged under the XBRL concept us-gaap:DirectPremiumsEarned.

The source filing: NI Holdings’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001174947-26-000777
Line itemPrivate Passenger AutoNon-Standard AutoHome and FarmCropAll OtherTotal
Direct premiums earned$22,652$943$29,319$13,908$4,282$71,104
Assumed premiums earned5562,0632,619
Ceded premiums earned(558)(1)(3,201)(3,957)(989)(8,706)
Net premiums earned22,09494226,11810,5075,35665,017
Direct losses and loss adjustment expenses12,761(1,524)29,1298,3241,14649,836
Assumed losses and loss adjustment expenses1,7626262,388
Ceded losses and loss adjustment expenses(71)(796)(2,414)(526)(3,807)
Net losses and loss adjustment expenses12,690(1,524)28,3337,6721,24648,417

Item 1. - Financial Statements

FAQ

What is NI Holdings's all other — direct premiums earned?
NI Holdings (NODK) reported all other — direct premiums earned of $4.28M in Q2 2026.
How has NI Holdings's all other — direct premiums earned changed year-over-year?
NI Holdings's all other — direct premiums earned increased by 12.4% year-over-year, from $3.81M to $4.28M.
What is the long-term trend for NI Holdings's all other — direct premiums earned?
Over 4 years (2021 to 2025), NI Holdings's all other — direct premiums earned has grown at a 33.4% compound annual growth rate (CAGR), from $4.92M to $15.56M.
What does all other — direct premiums earned mean?
Represents the total premiums earned by the segment from policies directly underwritten by the company before any reinsurance adjustments. It serves as a primary indicator of the segment's top-line growth and market reach within its specific product or service categories.

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