NI Holdings, Inc. income statement
In fiscal 2025, NI Holdings, Inc. reported revenue of $285m, down 12.3% on the year before and net income of −$10.4m, or −$0.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 146 | 164 | 189 | 212 | 271 | 306 | 324 | 268 | 304 | 325 | 285 | 267 |
| Gross profit | — | 56 | 34 | 57 | 77 | 77 | 115 | 83 | 30 | 106 | 103 | 70 | 83 |
| Income before tax | 20 | 26 | 6 | 22 | 39 | 34 | 53 | 11 | −53 | 21 | 10 | −12 | 11 |
| Income tax | 6 | 8 | 1 | 6 | 8 | 7 | 11 | 3 | −14 | 1 | 4 | −2 | 3 |
| Net income | 14 | 17 | 5 | 16 | 31 | 26 | 40 | 8 | −53 | −5 | −6 | −10 | 8 |
| Diluted EPS | — | — | — | $0.71 | $1.39 | $1.19 | $1.84 | $0.39 | −$2.49 | −$0.26 | −$0.29 | −$0.50 | $0.37 |
| Diluted shares (average) | — | — | — | 23m | 22m | 22m | 22m | 22m | 21m | 21m | 21m | 21m | 21m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 89 | 74 | 71 | 76 | 77 | 61 | 60 | 70 |
| Gross profit | 18 | 39 | 29 | 6 | 16 | 19 | 32 | 17 |
| Income before tax | −3 | 14 | 8 | −15 | −2 | −3 | 16 | 0 |
| Income tax | −1 | 4 | 1 | −3 | −0 | 0 | 3 | 0 |
| Net income | −3 | 10 | 6 | −12 | −2 | −3 | 13 | 0 |
| Diluted EPS | −$0.13 | $0.47 | $0.31 | −$0.57 | −$0.08 | −$0.15 | $0.60 | $0.01 |
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