NI Holdings (NODK) Gross Profit (2017 - 2026)
NI Holdings (NODK) posted quarterly Gross Profit of $36.2 million for Q1 2026, up 10.14% year-over-year from $32.9 million in Q1 2025, and up 92.91% quarter-over-quarter from $18.8 million in Q4 2025.
NI Holdings (NODK) Gross Profit (2017 - 2026) Analysis & Trends
NI Holdings (NODK) has reported Gross Profit for 10 consecutive years, with $36.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 10.14% year-over-year to $36.2 million; the TTM figure through Mar 2026 stood at $81.8 million (down 24.21% YoY), while the FY2025 annual figure was $69.9 million, down 40.66% from the prior year.
- Gross Profit climbed to $36.2 million in Q1 2026 per NODK's latest filing, from $18.8 million in the prior quarter.
- Across five years, Gross Profit topped out at $53.7 million in Q4 2023 and bottomed at -$32.8 million in Q2 2022.
- Historically, Gross Profit has averaged $20.8 million across 5 years, with a median of $20.4 million in 2025.
- Annual changes were most pronounced in 2023 — Gross Profit soared 434.29% — and 2025, when it plunged 59.53%.
- NI Holdings' Gross Profit stood at $10.1 million in 2022, then jumped by 434.29% to $53.7 million in 2023, then fell by 23.61% to $41.1 million in 2024, then plunged by 54.23% to $18.8 million in 2025, then surged by 92.91% to $36.2 million in 2026.
- Business Quant data shows NODK's Gross Profit at $36.2 million in Q1 2026, $18.8 million in Q4 2025, and $20.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.99 Bn | 121.23 Bn | 9.13 Bn |
| 2 | Progressive | 124.76 Bn | 119.76 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.49 Bn | 55.74 Bn | 4.83 Bn |
| 4 | Allstate | 67.77 Bn | 29.04 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.33 Bn | 35.33 Bn | - |
| 6 | Cincinnati Financial | 26.79 Bn | 24.90 Bn | 2.39 Bn |
| 7 | Loews | 23.30 Bn | 998.54 Mn | 2.57 Bn |
| 8 | Markel | 23.22 Bn | 6.34 Bn | 2.83 Bn |
| 9 | Assurant | 14.12 Bn | 12.09 Bn | 2.71 Bn |
| 10 | NI Holdings | 323.09 Mn | -53.38 Mn | 21.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.82 Mn |
| Jun 30, 2026 | 21.82 Mn |
| Mar 31, 2026 | 36.25 Mn |
| Mar 31, 2026 | 36.25 Mn |
| Dec 31, 2025 | 18.79 Mn |
| Dec 31, 2025 | 18.79 Mn |
| Sep 30, 2025 | 20.37 Mn |
| Sep 30, 2025 | 20.37 Mn |
| Jun 30, 2025 | 6.40 Mn |
| Jun 30, 2025 | 6.40 Mn |
| Mar 31, 2025 | 32.91 Mn |
| Mar 31, 2025 | 32.91 Mn |
| Dec 31, 2024 | 41.05 Mn |
| Dec 31, 2024 | 41.05 Mn |
| Sep 30, 2024 | 18.17 Mn |
| Sep 30, 2024 | 18.17 Mn |
| Jun 30, 2024 | 15.81 Mn |
| Jun 30, 2024 | 15.81 Mn |
| Mar 31, 2024 | 29.74 Mn |
| Mar 31, 2024 | 29.74 Mn |