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NI Holdings NODK Private Passenger Auto — Direct Premiums Earned

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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 private passenger auto — direct premiums earned?
NI Holdings (NODK) reported private passenger auto — direct premiums earned of $22.65M in Q2 2026.
How has NI Holdings's private passenger auto — direct premiums earned changed year-over-year?
NI Holdings's private passenger auto — direct premiums earned decreased by 6.3% year-over-year, from $24.17M to $22.65M.
What is the long-term trend for NI Holdings's private passenger auto — direct premiums earned?
Over 4 years (2021 to 2025), NI Holdings's private passenger auto — direct premiums earned has grown at a 5.7% compound annual growth rate (CAGR), from $76.75M to $95.95M.
What does private passenger auto — direct premiums earned mean?
Represents the total premiums earned by the insurance segment from direct policy sales before accounting for reinsurance cessions. This metric serves as a primary indicator of the segment's top-line growth and market demand for private passenger auto insurance products.

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