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NI Holdings NODK Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense 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 us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

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, amortization expense?
NI Holdings (NODK) reported deferred policy acquisition costs, amortization expense of $11.89M in Q1 2026.
How has NI Holdings's deferred policy acquisition costs, amortization expense changed year-over-year?
NI Holdings's deferred policy acquisition costs, amortization expense decreased by 28.1% year-over-year, from $16.53M to $11.89M.
What is the long-term trend for NI Holdings's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), NI Holdings's deferred policy acquisition costs, amortization expense has grown at a -1.8% compound annual growth rate (CAGR), from $64.57M to $59.99M.
What does deferred policy acquisition costs, amortization expense mean?
This metric measures the periodic expense recognized for costs directly associated with acquiring, renewing, and issuing insurance policies. By amortizing these costs over the life of the policy, the company aligns expenses with the period in which the related premium revenue is earned.