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NI Holdings NODK Total Revenue

Discontinued — last reported Q2 '26

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Other financials

Income statement

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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:Revenues.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net investment income2,8103,1465,4655,984
Net investment gains (losses)2,063(410)3,767459
Fee and other income344316474546
Total revenues70,23476,057129,836147,491
Expenses:
Losses and loss adjustment expenses48,41766,60771,773105,132
Amortization of deferred policy acquisition costs12,23616,37424,12232,902
Other underwriting and general expenses9,3518,40018,00117,032

Item 1. - Financial Statements

FAQ

What is NI Holdings's total revenue?
NI Holdings (NODK) reported total revenue of $70.23M in Q2 2026.
How has NI Holdings's total revenue changed year-over-year?
NI Holdings's total revenue decreased by 7.7% year-over-year, from $76.06M to $70.23M.
What is the long-term trend for NI Holdings's total revenue?
Over 4 years (2021 to 2025), NI Holdings's total revenue has grown at a -3.1% compound annual growth rate (CAGR), from $323.97M to $285.05M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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