NI Holdings (NODK) Operating Expenses (2015 - 2026)

NI Holdings has disclosed Operating Expenses across 12 years of filings, most recently posting $43.9 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 31.08% year-over-year to $43.9 million; the TTM figure through Mar 2026 stood at $277.6 million (down 11.34% YoY), while the FY2025 annual figure was $297.4 million, down 5.61% from the prior year.
• Operating Expenses declined to $43.9 million in Q1 2026, from $63.9 million in the prior quarter.
• Over the last five years, Operating Expenses for NODK reached as high as $134.8 million in Q2 2022 and fell as low as $19.9 million in Q4 2022.
• The 5-year median for Operating Expenses is $77.0 million (2023), against an average of $75.5 million.
• Annual changes were most pronounced in 2022 — Operating Expenses sank 74.18% — and 2023, when it soared 192.95%.
• A 5-year view of Operating Expenses shows it stood at $19.9 million in 2022, then surged by 192.95% to $58.2 million in 2023, then gained by 3.23% to $60.1 million in 2024, then rose by 6.34% to $63.9 million in 2025, then sank by 31.3% to $43.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $43.9 million, $63.9 million, and $78.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.