NI Holdings, Inc.

NODK Nasdaq SEC CIK 1681206
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $70.2M −7.7% vs same quarter last year
Net income $146K +101.2% vs same quarter last year
EPS, diluted $0.01 +101.8% vs same quarter last year
Operating cash flow $912K −85.8% vs same quarter last year
Revenue by quarter
$89M
$73.9M
$71.4M
$76.1M
$76.6M
$61M
$59.6M
$70.2M
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income13 fiscal years
  • Revenue
  • Net income
−$100M$0$100M$200M$300M$400MFY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$285.1M−$10.4M
FY24$325.2M−$6.1M
FY23$304M−$5.5M
FY22$267.8M−$53.1M
FY21$324M$8.4M
FY20$306.4M$40.4M
FY19$270.8M$26.4M
FY18$212.4M$31.1M
FY17$189.1M$16M
FY16$163.7M$4.6M
FY15$145.7M$17.5M
FY14$137.8M$13.8M
FY13--
MarginsShare of revenue
  • Gross margin
  • Net margin
−20%0%20%40%FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginNet margin
FY2524.5%−3.7%
FY2431.6%−1.9%
FY2334.7%−1.8%
FY2211.2%−19.8%
FY2125.7%2.6%
FY2037.6%13.2%
FY1928.3%9.8%
FY1836.1%14.6%
FY1730%8.5%
FY1620.9%2.8%
FY1538.2%12%
FY14-10%
FY13--
Free cash flowOperating cash flow minus capital expenditure
−$20M$0$20M$40M$60MFY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25−$15.5M
FY24$37.5M
FY23$50.4M
FY22−$16.2M
FY21$28.4M
FY20$50.4M
FY19$24.4M
FY18$19.4M
FY17$17.1M
FY16$6.8M
FY15$16.6M
FY14$9.8M
FY13-
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
$0$5M$10M$15MFY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearDividendsBuybacks
FY25$6.7M-
FY24$8.3M-
FY23--
FY22-$4.2M
FY21-$4.3M
FY20-$12.2M
FY19--
FY18--
FY17--
FY16--
FY15--
FY14--
FY13--
Net margin vs the sectorMedian of Financials companies filing with the SEC
  • NI
  • Financials median
−20%0%20%40%FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearNIFinancials median
FY25−3.7%15.6%
FY24−1.9%16.7%
FY23−1.8%13%
FY22−19.8%12.3%
FY212.6%21.2%
FY2013.2%13.7%
FY199.8%13.3%
FY1814.6%15.4%
FY178.5%9.5%
FY162.8%9.3%
FY1512%7.5%
FY1410%8.4%
FY13-9%

News

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