NODKNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31

NI Holdings, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026

$14.75−0.06 (-0.41%)

Close on Oct 19, 2026

Market cap: $307.90M
P/E (TTM): 38.8
Dividend yield: –

NI Holdings, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31
Revenue	285	325	304	268	324	306	271	212	189	164	146	138
Gross Profit	70	103	106	30	83	115	77	77	57	34	56	–
Advertising Expenses	–	–	–	–	–	–	–	–	–	0.85	0.98	0.91
Operating Expenses	297	315	283	321	313	254	237	173	167	158	120	118
Asset Impairment Charges	–	2.63	6.76	–	–	–	–	–	–	–	–	–
Gain (Loss) on Investments	1.70	2.33	2.12	-13	15	7.77	3.25	3.97	-0.33	–	–	–
Gain (Loss) on Sale of Assets	0.06	0.06	0.05	0.16	-0.03	-0.01	-0.04	0.01	–	–	–	–
Pretax Income	-12	10	21	-53	11	53	34	39	22	6.12	26	20
Income Tax Expense	-1.92	3.55	0.72	-14	2.97	11	7.31	7.92	6.39	1.48	8.29	6.40
Income from Continuing Operations	-10	6.60	20	-38	–	–	–	–	–	–	–	–
Income from Discontinued Operations	–	-1.51	-25	-15	–	–	–	–	–	–	–	–
Net Income incl. Noncontrolling Interests	-10	6.60	20	-39	8.33	41	27	31	16	4.64	18	14
Minority Interest in Earnings	–	–	0.25	-0.68	-0.08	0.96	0.10	0.16	-0.38	0.09	0.13	0.04
Net Income	-10	-6.06	-5.48	-53	8.42	40	26	31	16	4.55	17	14
EPS (Basic)(per share)	-0.50	-0.29	-0.26	-2.49	0.39	1.86	1.19	1.39	0.71	–	–	–
EPS (Diluted)(per share)	-0.50	-0.29	-0.26	-2.49	0.39	1.84	1.19	1.39	0.71	–	–	–
Shares Outstanding (Basic, Weighted)(shares)	21	21	21	21	21	22	22	22	23	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	21	21	21	21	22	22	22	22	23	–	–	–
Premiums Earned	271	310	292	272	300	284	246	196	179	153	139	132
Net Investment Income	12	12	10	7.82	7.13	11	9.83	8.38	7.07	5.46	5.18	5.59
Policyholder Benefits & Claims	201	207	187	242	216	168	170	119	123	119	84	89

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 31.0%
Operating margin: –
Net margin: 2.9%
Return on equity, FY2025: -4.3%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 38.8
Price to sales: 1.15
Price to book: 1.23
Dividend yield: –