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NI Holdings (NODK) Cost of Revenue (2017 - 2025)

NI Holdings (NODK) has disclosed Cost of Revenue for 9 consecutive years, with $56.2 million as the latest value for Q3 2025.

  • On a quarterly basis, Cost of Revenue fell 13.68% to $56.2 million in Q3 2025 year-over-year; TTM through Sep 2025 was $194.2 million, a 6.08% decrease, with the full-year FY2024 number at $207.5 million, up 11.23% from a year prior.
  • Cost of Revenue was $56.2 million for Q3 2025 at NI Holdings, down from $66.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $108.6 million in Q2 2022 to a low of $14.1 million in Q4 2022.
  • A 5-year average of $54.8 million and a median of $58.8 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: crashed 72.24% in 2022, then surged 127.92% in 2023.
  • NI Holdings' Cost of Revenue stood at $50.8 million in 2021, then plummeted by 72.24% to $14.1 million in 2022, then soared by 127.92% to $32.2 million in 2023, then rose by 2.2% to $32.9 million in 2024, then skyrocketed by 71.0% to $56.2 million in 2025.
  • Per Business Quant, the three most recent readings for NODK's Cost of Revenue are $56.2 million (Q3 2025), $66.6 million (Q2 2025), and $38.5 million (Q1 2025).