NI Holdings, Inc. Income Statement
NODK|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$304M
FY2025
Gross Profit
$106M
34.7% gross margin
Operating Income
N/A
FY2025
Net Income
-$5M
FY2025
NI Holdings, Inc. reported $304M in revenue and $5M in net loss for FY2025. Revenue has grown at a 9.2% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $304.0M | $267.8M | $324.0M | $306.4M | $270.8M | $212.4M | $189.1M | $163.7M | $145.7M | $137.8M |
| Gross Profit | $105.6M | $30.0M | $83.2M | $115.2M | $76.7M | $76.6M | $56.8M | $34.2M | $55.6M | - |
| Income Tax | $716.0K | -$14.2M | $3.0M | $11.5M | $7.3M | $7.9M | $6.4M | $1.5M | $8.3M | $6.4M |
| Net Income | -$5.5M | -$53.1M | $8.4M | $40.4M | $26.4M | $31.1M | $16.0M | $4.6M | $17.5M | $13.8M |
| EPS (Basic) | -$0.26 | -$2.49 | $0.39 | $1.86 | $1.19 | $1.39 | $0.71 | $0.71 | $0.71 | - |
| EPS (Diluted) | -$0.26 | -$2.49 | $0.39 | $1.84 | $1.19 | $1.39 | $0.71 | $0.71 | $0.71 | - |
| Shares Outstanding | 21.1M | 20.6M | 21.1M | 21.2M | 21.3M | 22.1M | 22.2M | 22.3M | 0 | - |
| Gross Margin | 34.7% | 11.2% | 25.7% | 37.6% | 28.3% | 36.1% | 30.0% | 20.9% | 38.1% | - |
| Profit Margin | -1.8% | -19.8% | 2.6% | 13.2% | 9.8% | 14.6% | 8.5% | 2.8% | 12.0% | 10.0% |