Every 10-Q that NI Holdings, Inc. (NODK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NODK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NODK filings page.
NI Holdings, Inc. reported net income of 12,654 for the six months ended June 30, 2026, versus a net loss of 5,591 a year earlier, on total revenues of 129,836 (dollar amounts in thousands). Second‑quarter net income was 146 compared with a loss of 12,051 in 2025.
Underwriting results improved, with a consolidated first‑half combined ratio of 94.8% as losses and loss adjustment expenses fell to 71,773 from 105,132 and prior‑year reserves developed favorably by 10,125. Home and Farm remained in underwriting loss, while Private Passenger Auto and All Other were profitable.
Cash flow from operations was an outflow of 955, cash and investments totaled 376,475, and shareholders’ equity was 249,376, up from 240,337 at December 31, 2025. The company repurchased 169,757 shares during the period, ending June 30, 2026 with 20,431,819 common shares outstanding.
NI Holdings, Inc. reported stronger profitability for the quarter ended March 31, 2026. Net income rose to $12.5 million from $6.5 million a year earlier, and diluted earnings per share increased to $0.60 from $0.31.
Net premiums earned fell 18.3% to $55.1 million, driven mainly by an 85.7% decline in Non-Standard Auto as the company runs off that business. Despite lower premiums, underwriting gain expanded to $11.2 million from $3.8 million, and the combined ratio improved to 79.7% from 94.4%, reflecting a lower loss ratio of 42.4% versus 57.1%.
Home and Farm premiums grew 8.3% on new business, rate increases, and higher insured values, while All Other benefited from participation in catastrophe reinsurance programs. Cash and cash equivalents were $57.7 million, total investments $374.9 million, total assets $492.1 million, and shareholders’ equity $250.2 million. Operating cash flow was a modest outflow of $1.9 million. The company repurchased 64,668 shares for $0.9 million, ending the quarter with 20,520,028 common shares outstanding.
NI Holdings (NODK) reported a Q3 2025 net loss of $1.7 million as total revenues reached $76.6 million. Net premiums earned were $71.9 million, and net investment income was $3.0 million, reflecting steadier portfolio yields. Year to date, the company posted a net loss of $7.3 million on $224.1 million in total revenues.
Underwriting remained pressured: losses and loss adjustment expenses were $56.2 million in Q3, and year‑to‑date results included $19.8 million of unfavorable development on prior accident years, primarily in Non‑Standard Auto. The company continued a strategic pullback in non‑standard auto, ceasing new writings in additional states during Q3, with existing policies to be non‑renewed. Operating cash flow for the first nine months was negative $28.5 million, and cash and cash equivalents were $24.7 million at quarter‑end. Shareholders’ equity was $243.8 million. The board authorized a new $5.0 million buyback on August 25, 2025, alongside $0.9 million remaining from a prior authorization.
NI Holdings reported weaker underwriting results this quarter, recording a loss from continuing operations of $12.1 million for the three months and a $5.6 million loss year-to-date. Net premiums earned for the quarter declined to $73.0 million from $85.2 million a year earlier, reducing core revenue while loss and loss adjustment expenses remained elevated.
The balance sheet shows growth in scale and liquidity with total assets of $620.1 million and cash and investments of $406.1 million. Unpaid losses and loss adjustment expenses rose to $203.5 million from $137.3 million, with reinsurance recoverables increasing to $51.3 million, and the company recorded $11.2 million of unfavorable prior-year development largely in its Non-Standard Auto segment. Net investment income improved to $3.15 million for the quarter and unrealized losses on fixed income securities narrowed versus year-end.