NLI Holdings (NL) Financial Statements & Analysis

NLI Holdings (NL) Income Statement

NLI Holdings reported revenue of $158.28M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 8.5% from $145.94M a year earlier. NLI Holdings posted a net loss of $37.83M, compared with net income of $67.23M a year earlier. Gross margin was 30.4% and operating margin 6.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $43.61M, up 8.0% from the same quarter a year earlier.

NLI Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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NLI Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	158.29	145.94	161.29	166.56	140.82	114.54	124.24	118.20	112.00
Cost of Revenue	110.11	104.58	112.07	117.76	98.07	81.69	85.28	79.90	77.20
Gross Profit	48.18	41.36	49.22	48.80	42.75	32.85	38.96	38.30	34.80
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	18.00	17.00
Selling, General & Administrative	23.82	25.55	25.15	24.50	22.89	31.28	35.26	38.90	34.50
Operating Expenses	37.50	3.49	36.92	36.30	32.26	30.49	40.57	38.30	34.30
Operating Income	10.68	37.88	12.30	12.50	10.49	2.36	-1.61	-60.70	0.90
Other Income/Expense
Interest Income	7.00	10.98	9.64	3.80	1.60	2.60	6.70	5.07	3.57
Interest Expense	0.77	0.53	0.75	0.94	1.14	1.35	0.70	0.04	0.03
Other Income/Expense	-62.10	45.44	-27.61	23.88	50.35	11.23	30.22	6.29	110.49
Income
Income Before Tax	-39.50	83.32	-6.42	39.24	60.84	13.59	28.61	-54.40	112.20
Income Tax Expense	-16.05	14.06	-7.00	2.79	7.48	-2.52	0.58	-15.40	-5.60
Net Income	-37.83	67.23	-2.31	33.84	51.19	14.68	25.84	-41.00	116.10
Net Income - Continuous Operations	-37.83	67.23	0.58	36.46	51.19	14.68	25.84	-41.00	116.10
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	28.02	107.84	-1.70	44.16	65.82	18.77	32.98	-50.86	8.03
EBIT	24.36	17.41	-5.67	40.18	61.98	3.47	-	-	-
Depreciation & Amortization	3.65	23.99	3.97	3.98	3.84	3.83	3.69	3.48	3.73
Earnings Per Share
Basic EPS	-1.00	1.00	-	1.00	1.00	-	1.00	-1.00	2.00
Diluted EPS	-1.00	1.00	-	1.00	1.00	-	1.00	-1.00	2.00
Basic Shares Outstanding	48.86	48.84	48.83	48.80	48.80	48.78	48.75	48.73	48.71
Diluted Shares Outstanding	48.86	48.84	48.83	48.80	48.80	48.78	48.75	48.73	48.71

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About NLI Holdings Financial Statements

What was NLI Holdings's revenue in fiscal 2025?

NLI Holdings reported revenue of $158.28M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 8.5% from $145.94M a year earlier.

Is NLI Holdings profitable?

No. NLI Holdings reported a net loss of $37.83M in fiscal 2025. In fiscal 2024 it earned $67.23M.

What is NLI Holdings's operating margin?

NLI Holdings's operating income was $10.68M on revenue of $158.28M in fiscal 2025, an operating margin of 6.7%, compared with 26.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition