Growth Metrics

NI Holdings (NODK) Gross Margin (2017 - 2025)

NI Holdings (NODK) has disclosed Gross Margin for 9 consecutive years, with 30.19% as the latest value for Q3 2025.

  • On a quarterly basis, Gross Margin rose 837.0% to 30.19% in Q3 2025 year-over-year; TTM through Sep 2025 was 31.35%, a 627.0% decrease, with the full-year FY2024 number at 33.1%, down 555.0% from a year prior.
  • Gross Margin was 30.19% for Q3 2025 at NI Holdings, up from 12.42% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 62.56% in Q4 2023 to a low of 13022.16% in Q3 2021.
  • A 5-year average of 657.26% and a median of 30.19% in 2025 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: plummeted -1305557bps in 2021, then soared 1303401bps in 2022.
  • NI Holdings' Gross Margin stood at 40.45% in 2021, then rose by 23bps to 49.83% in 2022, then rose by 26bps to 62.56% in 2023, then decreased by -29bps to 44.13% in 2024, then crashed by -32bps to 30.19% in 2025.
  • Per Business Quant, the three most recent readings for NODK's Gross Margin are 30.19% (Q3 2025), 12.42% (Q2 2025), and 42.92% (Q1 2025).