NODK - NASDAQ
NI Holdings, Inc.
$14.36
-0.86%NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc.
At a Glance
Live SnapshotNI Holdings, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
NI Holdings, Inc. Income Statement
NODK • NASDAQ
| NI Holdings, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||
285.1M | 325.2M | 304M | 267.8M | 324M | 306.4M | 270.8M | 212.4M | 189.1M | 164.3M | 146.2M | 137.7M | |
GROSS PROFIT | ||||||||||||
(200.8M) | (278.7M) | (254.1M) | (295.4M) | (281M) | (219.9M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
84.3M | 46.5M | 49.9M | -27.6M | 43M | 86.4M | 270.8M | 212.4M | 189.1M | 164.3M | 146.2M | 137.7M | |
OPERATING INCOME | ||||||||||||
(96.6M) | (36.3M) | (29.3M) | (25.3M) | (31.7M) | (33.6M) | (270.8M) | (212.4M) | (189.1M) | (163.7M) | (145.7M) | (137.7M) | |
-12.3M | 10.1M | 20.5M | -52.9M | 11.3M | 52.8M | 270.8M | 207.8M | 22.4M | 6.1M | 25.7M | 20.2M | |
PRE-TAX INCOME | ||||||||||||
(96.6M) | (36.3M) | (29.3M) | (25.3M) | (31.7M) | (33.6M) | (270.8M) | (212.4M) | (189.1M) | (163.7M) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -167.1M | 0.0 | 0.0 | 0.0 | |
-12.3M | 10.1M | 20.5M | -52.9M | 11.3M | 52.8M | 33.8M | 39.2M | 22M | 6.1M | 25.9M | 20.2M | |
NET INCOME | ||||||||||||
-1.9M | (3.5M) | (716K) | -14.2M | (3M) | (11.5M) | (7.3M) | (7.9M) | (6.4M) | (1.5M) | (8.3M) | (6.4M) | |
-10.4M | -6.1M | -5.5M | -53.1M | 8.4M | 40.4M | 26.4M | 31.1M | 16M | 4.6M | 17.5M | 13.8M |
SEC Filings
NODK - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 26, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 08, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 06, 2026 | March 06, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 06, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 23, 2026 | February 17, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 07, 2025 | November 07, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 07, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 31, 2025 | October 29, 2025 | 2025 |
Related Guides
Continue your NODK research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.