Buy Like Buffett
Watchlist

Flagship explainer

How NLI HOLDINGS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$158M · 100%Cost of revenue$110M · 70%Gross profit$48.2M · 30%Operating income$10.7M · 7%Income before tax−$51.4M · −32%Income tax−$16.1M · −10%Net income−$37.8M · −24%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$158M100%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
Cost of revenue$110M70%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
$48.2M30%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
$10.7M7%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
Income before tax−$51.4M−32%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
Income tax−$16.1M−10%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
−$37.8M−24%
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001104659-26-025290 · filed Mar 9, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
Embed this chart

View the full NLI HOLDINGS, INC. analysis at Buy Like Buffett