NI Holdings (NODK) EBITDA (2016 - 2026)

NI Holdings (NODK) has reported EBITDA for 11 consecutive years, with -$7.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, EBITDA rose 75.16% year-over-year to -$7.6 million; the TTM figure through Mar 2026 stood at -$195.8 million (up 4.56% YoY), while the FY2025 annual figure was -$227.5 million, down 15.3% from the prior year.
• EBITDA advanced to -$7.6 million in Q1 2026 per NODK's latest filing, from -$45.1 million in the prior quarter.
• Across five years, EBITDA topped out at -$4.5 million in Q4 2023 and bottomed at -$167.6 million in Q2 2022.
• Historically, EBITDA has averaged -$54.7 million across 5 years, with a median of -$52.1 million in 2023.
• Annual changes were most pronounced in 2022 — EBITDA jumped 85.32% — and 2024, when it slumped 326.76%.
• NI Holdings' EBITDA stood at -$9.8 million in 2022, then surged by 54.55% to -$4.5 million in 2023, then plunged by 326.76% to -$19.0 million in 2024, then sank by 137.05% to -$45.1 million in 2025, then surged by 83.05% to -$7.6 million in 2026.
• Business Quant data shows NODK's EBITDA at -$7.6 million in Q1 2026, -$45.1 million in Q4 2025, and -$58.1 million in Q3 2025.