Filing Flows › NI Holdings (NODK) › Gross margin
NI Holdings (NODK) gross margin by quarter
NI Holdings' gross margin was 34.4% in Q3 2026 (third quarter 2026), +10.8 pts from Q2 2026. Over the last 4 quarters it ranged from 23.6% (Q2 2026) to 53.3% (Q1 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 34.4% | +10.8 pts | — |
| Q2 2026 | 23.6% | -29.6 pts | — |
| Q1 2026 | 53.3% | +12.7 pts | +12.7 pts |
| Q1 2025 | 40.6% | — | — |
Q3 2026 at a glance
NI Holdings, Q3 2026: revenue $68.6M (-10% year over year), operating margin 10.2%, net earnings $5.5M, operating cash flow −$15.1M. The chart follows the revenue to costs, profit and cash.
Questions
What is NI Holdings' gross margin?
NI Holdings' gross margin was 34.4% in Q3 2026 (third quarter 2026), +10.8 pts from Q2 2026.
How has NI Holdings' gross margin changed?
Over the last 4 quarters it ranged from 23.6% (Q2 2026) to 53.3% (Q1 2026).