Short answer
NI Holdings, Inc. (NODK) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $60M (down 16.6% year over year) with net income of $13M.
Q1 2026 key financials · XBRL
- Revenue
- $60M
- −16.6% YoY
- Net income
- $13M
- +93.6% YoY
- Gross margin
- 53.3%
- EPS (diluted)
- $0.60
- +93.5% YoY
Source: XBRL data from the NI Holdings, Inc. (NODK) Q1 2026 10-Q on SEC EDGAR. USD.
NI Holdings, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $59.602M, down $11.832M YoY from $71.434M
- Combined ratio 79.7% vs 94.4%; expense ratio 37.3% vs 37.3%
- Best segment Home and Farm premiums $25.694M; worst Non-Standard Auto premiums $2.604M, down 85.7%
- Operating cash flow $(1.867)M vs $9.888M; investing inflow $8.934M; share repurchases increased financing outflows to $(1.065)M
- Near-term headwind: further Non-Standard Auto premium reductions from runoff operations expected
Risk Factors
- No material risk-factor changes from the 2025 Annual Report
- Regulatory and compliance risks carried forward without quarterly updates
- Operational, competitive, and market risks unchanged from the 2025 Annual Report
- Financial risks unchanged from the 2025 Annual Report
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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