For the quarter ending 2026-03-31, NODK had $32,279K increase in cash & cash equivalents over the period. $26,819K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 19,765 | -7,257 | - |
| Net investment gains | -117 | 1,821 | - |
| Deferred income tax expense (benefit) | 2,566 | -1,337 | - |
| Depreciation of property and equipment | -351 | 519 | - |
| Share-based compensation | -735 | 1,028 | - |
| Amortization of deferred policy acquisition costs | -34,741 | 46,627 | - |
| Deferral of policy acquisition costs | -30,770 | 42,557 | - |
| Net amortization of premiums and discounts on investments | 151 | -272 | - |
| Gain on sale of property and equipment | 0 | 15 | - |
| Premiums and agents balances receivable | -24,531 | 23,166 | - |
| Reinsurance premiums receivable / payable | -1,402 | 2,243 | - |
| Reinsurance recoverables on losses | -12,496 | 10,490 | - |
| Income tax recoverable / payable | 7,360 | -4,815 | - |
| Accrued investment income | -20 | -172 | - |
| Federal crop insurance corporation receivable / payable | -7,348 | 4,529 | - |
| Other assets | -300 | 69 | - |
| Net cash flows from operating activities continuing operations | - | -21,254 | - |
| Unpaid losses and loss adjustment expenses | -34,356 | 20,095 | - |
| Net cash flows from operating activities discontinued operations | - | 0 | - |
| Unearned premiums | 1,176 | -4,038 | - |
| Net cash flows from operating activities loss on sale of discontinued operations | - | 0 | - |
| Accrued expenses and other liabilities | -8,069 | 627 | - |
| Total adjustments | 6,879 | -21,254 | - |
| Less net loss from discontinued operations, net of income taxes | - | 0 | - |
| Net cash flows from operating activities | 26,644 | -28,511 | - |
| Proceeds from maturities and sales of fixed income securities | -14,649 | 27,475 | - |
| Proceeds from sales of equity securities | -6,304 | 8,555 | - |
| Purchases of fixed income securities | -22,636 | 26,373 | - |
| Purchases of equity securities | -3,457 | 5,853 | - |
| Purchases of property and equipment | -175 | 217 | - |
| Proceeds from sales of property and equipment | -2 | 34 | - |
| Proceeds from disposition of westminster | - | 0 | - |
| Net cash flows from investing activities continuing operations | - | 3,621 | - |
| Net cash flows from investing activities discontinued operations | - | 0 | - |
| Net cash flows from investing activities | 5,313 | 3,621 | - |
| Purchase of treasury stock | -295 | 1,156 | - |
| Principal repayments of finance leases | -52 | 80 | - |
| Pooling (payments) receipts | - | 0 | - |
| Net cash flows from financing activities continuing operations | - | -1,387 | - |
| Net cash flows from financing activities discontinued operations | - | 0 | - |
| Issuance of vested award shares | 25 | 151 | - |
| Net cash flows from financing activities | 322 | -1,387 | - |
| Net increase (decrease) in cash and cash equivalents continuing operations | - | -32,131 | 5,854 |
| Net (increase) decrease in cash and cash equivalents discontinued operations | - | 0 | 0 |
| Net increase (decrease) in cash and cash equivalents | 32,279 | -32,131 | 5,854 |
| Cash and cash equivalents at beginning of period | 24,653 | 50,930 | - |
| Cash and cash equivalents at end of period | 57,717 | 24,653 | - |
NI Holdings, Inc. (NODK)
NI Holdings, Inc. (NODK)