NI Holdings (NODK) Operating Income (2017 - 2026)
NI Holdings (NODK) posted quarterly Operating Income of -$7.6 million for Q1 2026, up 75.16% year-over-year from -$4.4 million in Q1 2025, and up 83.05% quarter-over-quarter from -$45.1 million in Q4 2025.
NI Holdings (NODK) Operating Income (2017 - 2026) Analysis & Trends
NI Holdings (NODK) has reported Operating Income for 10 consecutive years, with -$7.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 75.16% year-over-year to -$7.6 million; the TTM figure through Mar 2026 stood at -$195.8 million (up 4.56% YoY), while the FY2025 annual figure was -$227.5 million, down 15.3% from the prior year.
- Operating Income advanced to -$7.6 million in Q1 2026 per NODK's latest filing, from -$45.1 million in the prior quarter.
- Across five years, Operating Income topped out at -$4.5 million in Q4 2023 and bottomed at -$167.6 million in Q2 2022.
- Historically, Operating Income has averaged -$54.7 million across 5 years, with a median of -$52.1 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income jumped 85.32% — and 2024, when it slumped 326.76%.
- NI Holdings' Operating Income stood at -$9.8 million in 2022, then surged by 54.55% to -$4.5 million in 2023, then plunged by 326.76% to -$19.0 million in 2024, then sank by 137.05% to -$45.1 million in 2025, then surged by 83.05% to -$7.6 million in 2026.
- Business Quant data shows NODK's Operating Income at -$7.6 million in Q1 2026, -$45.1 million in Q4 2025, and -$58.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 1.76 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | -10.36 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 1.07 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 1.01 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 319.00 Mn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 761.00 Mn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 1.56 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 142.40 Mn |
| 10 | NI Holdings | 322.78 Mn | -53.70 Mn | 21.82 Mn | -48.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -48.19 Mn |
| Mar 31, 2026 | -7.65 Mn |
| Dec 31, 2025 | -45.10 Mn |
| Sep 30, 2025 | -58.06 Mn |
| Jun 30, 2025 | -84.98 Mn |
| Mar 31, 2025 | -30.78 Mn |
| Dec 31, 2024 | -19.03 Mn |
| Sep 30, 2024 | -74.27 Mn |
| Jun 30, 2024 | -81.07 Mn |
| Mar 31, 2024 | -35.93 Mn |
| Dec 31, 2023 | -4.46 Mn |
| Sep 30, 2023 | -52.14 Mn |
| Jun 30, 2023 | -65.58 Mn |
| Mar 31, 2023 | -64.34 Mn |
| Dec 31, 2022 | -9.81 Mn |
| Sep 30, 2022 | -92.16 Mn |
| Jun 30, 2022 | -167.65 Mn |
| Mar 31, 2022 | -37.52 Mn |
| Dec 31, 2021 | -66.81 Mn |
| Sep 30, 2021 | -72.22 Mn |