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NI Holdings NODK Non Standard Auto — Direct Premiums Earned

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$22.85M-4.1%
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$4.17M+17.1%

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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:DirectPremiumsEarned.

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 non standard auto — direct premiums earned?
NI Holdings (NODK) reported non standard auto — direct premiums earned of $2.61M in Q1 2026.
How has NI Holdings's non standard auto — direct premiums earned changed year-over-year?
NI Holdings's non standard auto — direct premiums earned decreased by 85.7% year-over-year, from $18.28M to $2.61M.
What is the long-term trend for NI Holdings's non standard auto — direct premiums earned?
Over 4 years (2021 to 2025), NI Holdings's non standard auto — direct premiums earned has grown at a -4.0% compound annual growth rate (CAGR), from $58.84M to $50.07M.
What does non standard auto — direct premiums earned mean?
Represents the total premiums earned by the insurance segment from policies written before accounting for any reinsurance cessions. This metric reflects the gross volume of business generated by the non-standard auto insurance segment and serves as a primary indicator of market demand and top-line growth.