PLMR · Palomar Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $278.94M | - | $244.66M | $203.31M | $174.63M | - | $148.50M | $131.07M | $118.53M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $53.46M | - | $67.14M | $59.88M | $53.71M | - | $38.50M | $33.37M | $34.36M | - |
| Interest Expense | $3.16M | - | $133.0K | $86.0K | $85.0K | - | $87.0K | $225.0K | $740.0K | - |
| Income Tax | $10.51M | - | $15.68M | $13.35M | $10.79M | - | $8.01M | $7.64M | $7.97M | - |
| Net Income | $42.95M | - | $51.45M | $46.53M | $42.92M | - | $30.50M | $25.73M | $26.38M | - |
| EPS - Basic | $1.62 | - | $1.93 | $1.74 | $1.61 | - | $1.18 | $1.03 | $1.06 | - |
| EPS - Diluted | $1.57 | - | $1.87 | $1.68 | $1.57 | - | $1.15 | $1.00 | $1.04 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $56.54M | $106.88M | $111.74M | $81.30M | $119.31M | $80.44M | $86.48M | $47.84M | $61.39M | $51.55M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.61B | $3.05B | $2.94B | $2.83B | $2.43B | $2.26B | $2.28B | $2.02B | $1.88B | $1.71B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $0 | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.65B | $2.11B | $2.07B | $1.99B | $1.64B | $1.53B | $1.57B | $1.48B | $1.38B | $1.24B |
| Stockholders' Equity | $959.04M | $942.67M | $878.11M | $847.20M | $790.45M | $729.03M | $703.31M | $532.61M | $501.66M | $471.25M |
| Retained Earnings | $441.86M | $422.00M | $365.84M | $351.67M | $305.14M | $262.22M | $227.25M | $196.75M | $171.03M | $144.64M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $47.02M | - | - | - | $87.18M | - | - | - | $33.13M | - |
| Investing Cash Flow | ($373.38M) | - | - | - | ($51.94M) | - | - | - | ($16.33M) | - |
| Financing Cash Flow | $276.02M | - | - | - | $3.55M | - | - | - | ($6.88M) | - |
| CapEx | $0 | - | - | - | $0 | - | - | - | - | - |
| Free Cash Flow | $47.02M | - | - | - | $87.18M | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 19.2% | - | 27.4% | 29.5% | 30.8% | - | 25.9% | 25.5% | 29.0% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 15.4% | - | 21.0% | 22.9% | 24.6% | - | 20.5% | 19.6% | 22.3% | - |
| Free cash flow margin | 16.9% | - | - | - | 49.9% | - | - | - | - | - |
| FCF / Net income | 1.09 | - | - | - | 2.03 | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 19.7% | - | 23.4% | 22.3% | 20.1% | - | 20.8% | 22.9% | 23.2% | - |
| Return on assets | 1.2% | - | 1.7% | 1.6% | 1.8% | - | 1.3% | 1.3% | 1.4% | - |
| Return on equity | 4.5% | - | 5.9% | 5.5% | 5.4% | - | 4.3% | 4.8% | 5.3% | - |
| Return on invested capital | 4.5% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.00 | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 16.9x | - | 504.8x | 696.3x | 631.9x | - | 442.6x | 148.3x | 46.4x | - |
| Equity multiplier | 3.77 | 3.24 | 3.35 | 3.34 | 3.07 | 3.10 | 3.24 | 3.79 | 3.76 | 3.62 |
| Liabilities / Assets | 0.73 | 0.69 | 0.70 | 0.70 | 0.67 | 0.68 | 0.69 | 0.74 | 0.73 | 0.72 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.08 | 0.07 | 0.07 | - | 0.07 | 0.07 | 0.06 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 76.1x | - | 62.4x | 91.8x | 87.3x | - | 82.3x | 81.2x | 80.6x | - |
| P / B | 3.4x | - | 3.6x | 5.0x | 4.8x | - | 3.6x | 3.9x | 4.3x | - |
| P / S | 11.7x | - | 13.1x | 21.0x | 21.5x | - | 16.9x | 15.9x | 18.0x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 59.7% | - | 64.8% | 55.1% | 47.3% | - | 63.3% | 45.0% | 32.9% | - |
| Revenue CAGR (3y) | 46.2% | - | 44.7% | 36.7% | 30.8% | - | 30.0% | 31.4% | 34.0% | - |
| Revenue CAGR (5y) | 41.5% | - | 40.3% | 36.3% | 35.7% | - | 37.3% | 38.3% | 39.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -0.5% | - | 74.4% | 79.4% | 56.3% | - | 56.9% | 45.0% | 51.8% | - |
| Net income growth (YoY) | 0.1% | - | 68.7% | 80.8% | 62.7% | - | 65.5% | 46.5% | 52.4% | - |
| EPS growth (YoY) | 0.0% | - | 62.6% | 68.0% | 51.0% | - | 57.5% | 44.9% | 52.9% | - |
| EPS CAGR (3y) | 32.2% | - | 122.4% | 43.4% | 41.0% | - | 386.3% | 28.6% | 18.2% | - |
| EPS CAGR (5y) | 20.0% | - | - | 28.5% | 26.7% | - | 66.5% | 19.5% | - | - |
| FCF growth (YoY) | -46.1% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | 32.0% | - | - | - | - | - |
| Book value growth (YoY) | 21.3% | 29.3% | 24.9% | 59.1% | 57.6% | 54.7% | 66.9% | 28.7% | 24.0% | 22.5% |
Peer comparison
Same SIC group: Fire, Marine & Casualty Insurance
Comparing Palomar Holdings against the 5 most active filers in the same SIC group.