Growth Metrics

NI Holdings (NODK) Operating Expenses (2016 - 2026)

NI Holdings has reported Operating Expenses over the past 11 years, most recently at $63.9 million for Q4 2025.

  • Quarterly Operating Expenses rose 6.34% to $63.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $297.4 million through Dec 2025, down 5.61% year-over-year, with the annual reading at $297.4 million for FY2025, 5.61% down from the prior year.
  • Operating Expenses was $63.9 million for Q4 2025 at NI Holdings, down from $78.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $134.8 million in Q2 2022 and troughed at $19.9 million in Q4 2022.
  • The 5-year median for Operating Expenses is $77.7 million (2023), against an average of $77.6 million.
  • Year-over-year, Operating Expenses tumbled 74.18% in 2022 and then soared 192.95% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $76.9 million in 2021, then tumbled by 74.18% to $19.9 million in 2022, then surged by 192.95% to $58.2 million in 2023, then grew by 3.23% to $60.1 million in 2024, then rose by 6.34% to $63.9 million in 2025.
  • Per Business Quant, the three most recent readings for NODK's Operating Expenses are $63.9 million (Q4 2025), $78.4 million (Q3 2025), and $91.4 million (Q2 2025).