NI Holdings financials
$14.90−0.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.9M | $59.6M | $61.0M | $76.6M | $75.7M | $71.4M | $73.9M | $89.0M | $87.8M | $74.5M | $78.7M | $78.0M |
| Gross profit | $9.2M | $24.4M | $8.2M | $6.6M | -$7.2M | $16.4M | $23.5M | $6.3M | -$841.0K | $17.5M | $27.2M | $8.3M |
| Gross margin | 13.2% | 40.9% | 13.4% | 8.7% | −9.6% | 22.9% | 31.8% | 7.0% | −1.0% | 23.5% | 34.6% | 10.7% |
| Operating income | -$114.0K | $15.7M | -$2.9M | -$1.9M | -$15.6M | $7.7M | $16.5M | -$3.5M | -$9.1M | $8.8M | $20.5M | $1.0M |
| Net income | $146.0K | $12.5M | -$3.2M | -$1.7M | -$12.1M | $6.5M | $9.8M | -$2.7M | -$19.6M | $6.4M | $6.6M | $231.0K |
| Net margin | 0.2% | 21.0% | −5.2% | −2.2% | −15.9% | 9.0% | 13.3% | −3.0% | −22.3% | 8.6% | 8.4% | 0.3% |
| Diluted EPS | $0.01 | $0.60 | $-0.15 | $-0.08 | $-0.57 | $0.31 | $0.46 | $-0.13 | $-0.94 | $0.30 | $0.31 | $0.01 |
| EBITDA | -$11.8M | $27.9M | $57.5M | -$34.5M | -$31.9M | $24.5M | $88.0M | -$39.2M | $10.6M | $26.0M | $20.5M | $17.9M |
| Operating cash flow | $912.0K | -$1.9M | $13.2M | -$44.8M | $6.4M | $9.9M | $21.7M | -$18.0M | $18.1M | $16.7M | $41.6M | -$10.4M |
| Free cash flow | $893.0K | -$1.9M | $13.2M | -$44.8M | $6.2M | $9.9M | $21.5M | -$18.1M | $17.5M | $16.6M | $41.5M | -$10.5M |
| Diluted shares | 20.9M | 20.9M | 20.8M | 21.0M | 21.0M | 21.1M | 21.4M | 21.0M | 21.0M | 21.0M | 21.1M | 21.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $51.6M | $57.7M | $51.7M | $24.7M | $56.8M | $57.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $543.1M | $492.1M | $506.0M | $543.8M | $620.1M | $525.4M |
| Total liabilities | $293.8M | $241.9M | $265.7M | $300.0M | $376.7M | $271.4M |
| Shareholders' equity | $249.4M | $250.2M | $240.3M | $243.8M | $243.3M | $254.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology