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
DateValue
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