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NI Holdings NODK Private Passenger Auto — Underwriting Income Loss

Other segment segments

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$5.84M-4.4%
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$2.69M+585%
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-$1.62M+64.5%

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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:UnderwritingIncomeLoss.

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 private passenger auto — underwriting income loss?
NI Holdings (NODK) reported private passenger auto — underwriting income loss of $4.31M in Q1 2026.
How has NI Holdings's private passenger auto — underwriting income loss changed year-over-year?
NI Holdings's private passenger auto — underwriting income loss increased by 141.4% year-over-year, from $1.79M to $4.31M.
What is the long-term trend for NI Holdings's private passenger auto — underwriting income loss?
Over 3 years (2021 to 2025), NI Holdings's private passenger auto — underwriting income loss has grown at a -7.3% compound annual growth rate (CAGR), from -$7.7M to $6.14M.
What does private passenger auto — underwriting income loss mean?
This represents the profit or loss generated by the private passenger auto insurance segment after accounting for premiums earned and all associated claims and underwriting expenses. It serves as a primary indicator of the core operational profitability of the auto insurance business before investment income is considered.