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NI Holdings NODK Crop — Policyholder Benefits And Claims Incurred Gross

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Other financials

Income statement

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Revenue$59.6M-16.6%
Gross profit$15.7M-13.5%
Net income$12.5M+93.6%
EPS (diluted)$0.60+93.5%

Balance sheet

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Cash & equivalents$57.7M+0.9%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$492.1M-6.3%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$42.0K+110%
Free cash flow-$1.9M-119%

Valuation

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Market cap$324.43M+26.1%
P/S1.2×+0.4×

Profitability

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Gross margin30.2%-1.8pp
Net margin-1.6%
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:PolicyholderBenefitsAndClaimsIncurredGross.

The official record: NI Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NI Holdings's crop — policyholder benefits and claims incurred gross?
NI Holdings (NODK) reported crop — policyholder benefits and claims incurred gross of -$323K in Q1 2026.
How has NI Holdings's crop — policyholder benefits and claims incurred gross changed year-over-year?
NI Holdings's crop — policyholder benefits and claims incurred gross decreased by 350.4% year-over-year, from $129K to -$323K.
What is the long-term trend for NI Holdings's crop — policyholder benefits and claims incurred gross?
Over 2 years (2021 to 2023), NI Holdings's crop — policyholder benefits and claims incurred gross has grown at a -52.8% compound annual growth rate (CAGR), from $79.18M to $17.67M.
What does crop — policyholder benefits and claims incurred gross mean?
The total amount of claims and benefits paid or reserved for policyholders by the segment before any recoveries from reinsurance arrangements. This metric measures the raw underwriting risk and the severity of losses experienced by the segment.