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NI Holdings NODK All Other — General Insurance Expense

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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:GeneralInsuranceExpense.

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
Gross margin9,4042,466(2,215)2,8354,11016,600
Amortization of deferred policy acquisition costs4,5451625,4489001,18112,236
Other underwriting and general expenses (1)3,0377573,9491,0795299,351
Underwriting and general expenses7,5829199,3971,9791,71021,587
Underwriting gain (loss)1,8221,547(11,612)8562,400(4,987)
Net investment income2,810
Net investment gains (losses)2,063
Fee and other income344

Item 1. - Financial Statements

FAQ

What is NI Holdings's all other — general insurance expense?
NI Holdings (NODK) reported all other — general insurance expense of $1.71M in Q2 2026.
How has NI Holdings's all other — general insurance expense changed year-over-year?
NI Holdings's all other — general insurance expense increased by 98.6% year-over-year, from $861K to $1.71M.
What is the long-term trend for NI Holdings's all other — general insurance expense?
Over 4 years (2021 to 2025), NI Holdings's all other — general insurance expense has grown at a 18.2% compound annual growth rate (CAGR), from $2.67M to $5.2M.
What does all other — general insurance expense mean?
Captures the broad administrative and operational costs required to support the insurance segment's business functions. This metric reflects the fixed and variable overhead necessary to maintain the segment's infrastructure and corporate support.

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