SequelSEC

NI Holdings, Inc. NODK

Fire, Marine & Casualty Insurance · CIK 0001681206 · Fiscal year ends 1231 · Insurer

AnnualQuarterlyTTM
Revenue
$70.23M
Fiscal year ended 2026-06-30
Net income
$146.00K
Fiscal year ended 2026-06-30
Total assets
$543.13M
Fiscal year ended 2026-06-30

NI Holdings, Inc. (NODK) reported revenue of $70.23M and net income of $146.00K for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from NI Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Fire, Marine & Casualty Insurance.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

NI Holdings, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$70.23M$59.60M$60.99M$76.57M$76.06M$71.43M$73.91M$88.98M$87.81M$74.50M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profit$16.60M$31.76M$18.79M$15.71M$6.40M$28.97M$38.92M$18.17M$15.81M$29.74M
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$146.00K$12.51M-$3.16M-$1.67M-$12.05M$6.46M$9.85M-$2.70M-$19.62M$6.42M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 20.87Mshares 20.94MUnavailableshares 21.00Mshares 21.04Mshares 21.10MUnavailableshares 20.99Mshares 20.97Mshares 21.05M
Pretax income$230.00K$15.71M-$2.90M-$1.86M-$15.32M$7.75M$13.84M-$3.46M-$9.07M$8.83M
Income tax expense$84.00K$3.20M$260.00K-$192.00K-$3.27M$1.29M$3.99M-$751.00K-$1.59M$1.90M
Diluted EPS$0.01$0.60Unavailable$-0.08$-0.57$0.31Unavailable$-0.13$-0.94$0.30
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

NI Holdings, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$51.61M$57.72M$51.72M$24.65M$56.78M$57.20M$50.93M$39.10M$51.39M$68.52M
Total assets$543.13M$492.11M$506.00M$543.82M$620.05M$525.36M$526.54M$559.90M$570.99M$674.52M
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$293.76M$241.91M$265.66M$300.02M$376.73M$271.36M$281.91M$318.53M$334.92M$418.68M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$249.38M$250.20M$240.34M$243.80M$243.32M$254.00M$244.63M$241.37M$236.06M$255.85M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$16.38M$12.79M$15.60M$17.75M$11.33M$11.47M$13.22M$19.60M$13.79M$13.91M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$2.63M$2.63M$2.63M
Long-term debt$2.40M$2.40M$2.40M$2.40MUnavailableUnavailable$2.40M$2.40M$2.40M$2.40M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

NI Holdings, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow$912.00K-$1.87M$13.24M-$44.80M$6.40M$9.89M$21.73M-$17.98M$18.10M$16.66M
Capital expenditures$19.00K$42.00K$0$35.00K$162.00K$20.00K$214.00K$147.00K$578.00K$52.00K
Investing cash flow-$5.57M$8.93M$15.22M$13.87M-$6.79M-$3.46M-$9.87M$9.10M$367.00K-$4.14M
Financing cash flow-$1.45M-$1.06M-$1.40M-$1.20M-$32.00K-$157.00K-$30.00K-$3.41M-$24.00K-$178.00K
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$11.82M
Stock-based compensation$372.00K$293.00K-$200.00K$304.00K$244.00K$480.00K-$284.00K-$614.00K$555.00K$581.00K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailable$175.00K$171.00K$173.00KUnavailable$186.00K$187.00K$243.00K

Derived

NI Holdings, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flow$893.00K-$1.91M$13.24M-$44.84M$6.24M$9.87M$21.51M-$18.13M$17.52M$16.61M
Gross margin23.6%53.3%30.8%20.5%8.4%40.6%52.7%20.4%18.0%39.9%
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF margin1.3%-3.2%21.7%-58.6%8.2%13.8%29.1%-20.4%20.0%22.3%
SBC / revenue0.5%0.5%-0.3%0.4%0.3%0.7%-0.4%-0.7%0.6%0.8%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth-7.7%-16.6%-17.5%-14.0%-13.4%-4.1%-6.1%14.0%8.3%-8.7%
Net margin0.2%21.0%-5.2%-2.2%-15.8%9.0%13.3%-3.0%-22.3%8.6%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.0%0.1%0.0%0.0%0.2%0.0%0.3%0.2%0.7%0.1%
Long-term debt / equity0.01xUnavailableUnavailable0.01xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate36.5%20.4%UnavailableUnavailableUnavailable16.6%28.8%UnavailableUnavailable21.5%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NODK in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-06View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing

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Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

cash flow reconciliationreview2023-12-31

Operating, investing and financing flows differ from the reported change in cash by 12579000, beyond tolerance 1000000.

cash flow reconciliationreview2023-06-30

Operating, investing and financing flows differ from the reported change in cash by 11973000, beyond tolerance 1000000.

cash flow reconciliationreview2022-12-31

Operating, investing and financing flows differ from the reported change in cash by 15094000, beyond tolerance 1000000.