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NI Holdings NODK Crop — Premiums Earned Net

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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:PremiumsEarnedNet.

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 — premiums earned net?
NI Holdings (NODK) reported crop — premiums earned net of -$670K in Q1 2026.
How has NI Holdings's crop — premiums earned net changed year-over-year?
NI Holdings's crop — premiums earned net decreased by 78.2% year-over-year, from -$376K to -$670K.
What is the long-term trend for NI Holdings's crop — premiums earned net?
Over 4 years (2021 to 2025), NI Holdings's crop — premiums earned net has grown at a -5.2% compound annual growth rate (CAGR), from $26.85M to $21.67M.
What does crop — premiums earned net mean?
Calculated as direct premiums earned plus assumed premiums minus ceded premiums, representing the actual revenue retained by the segment after reinsurance adjustments. It provides a clearer view of the segment's core revenue generation capacity and exposure to underwriting risk.