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NI Holdings NODK Private Passenger Auto — Unearned Premiums

Other segment segments

Crop
$22.96M+8.4%
All Other
$9.2M+10.6%

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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:UnearnedPremiums.

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 itemJune 30, 2026December 31, 2025
Total assets$543,134$506,002
Liabilities:
Unpaid losses and loss adjustment expenses$134,757$137,855
Unearned premiums132,424106,498
Reinsurance premiums payable2,000878
Accrued expenses and other liabilities24,57720,434
Total liabilities293,758265,665
Shareholders’ equity:

Item 1. - Financial Statements

FAQ

What is NI Holdings's private passenger auto — unearned premiums?
NI Holdings (NODK) reported private passenger auto — unearned premiums of $38.48M in Q2 2026.
How has NI Holdings's private passenger auto — unearned premiums changed year-over-year?
NI Holdings's private passenger auto — unearned premiums decreased by 5.0% year-over-year, from $40.51M to $38.48M.
What is the long-term trend for NI Holdings's private passenger auto — unearned premiums?
Over 4 years (2021 to 2025), NI Holdings's private passenger auto — unearned premiums has grown at a 7.0% compound annual growth rate (CAGR), from $117.71M to $154.26M.
What does private passenger auto — unearned premiums mean?
Unearned premiums represent the portion of written premiums that relate to the unexpired period of insurance policies. This liability reflects the company's obligation to provide coverage for the remainder of the policy term.

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