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NI Holdings NODK Deferred Policy Acquisition Costs Continuing Operations

Deferred Policy Acquisition Costs Continuing Operations at other companies

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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 nodk:DeferredPolicyAcquisitionCostsContinuingOperations.

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 deferred policy acquisition costs continuing operations?
NI Holdings (NODK) reported deferred policy acquisition costs continuing operations of $19.11M in Q1 2026.
How has NI Holdings's deferred policy acquisition costs continuing operations changed year-over-year?
NI Holdings's deferred policy acquisition costs continuing operations decreased by 19.7% year-over-year, from $23.81M to $19.11M.
What is the long-term trend for NI Holdings's deferred policy acquisition costs continuing operations?
Over 2 years (2023 to 2025), NI Holdings's deferred policy acquisition costs continuing operations has grown at a -15.3% compound annual growth rate (CAGR), from $26.79M to $19.21M.
What does deferred policy acquisition costs continuing operations mean?
These are costs incurred to acquire new insurance policies, such as commissions and underwriting expenses, which are capitalized and amortized over the life of the policy. This metric reflects the company's investment in business growth and customer acquisition. Tracking this helps analysts evaluate the efficiency of the company's sales and marketing efforts relative to future revenue generation.