For the year ending 2025-12-31, PLMR made $875,967K in revenue. $221,409K in net income. Net profit margin of 25.28%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 875,967 | 553,863 | ||
| Losses and loss adjustment expenses | 228,594 | 134,759 | ||
| Acquisition expenses, net of ceding commissions and fronting fees | 217,133 | 149,657 | ||
| Other underwriting expenses | 176,458 | 117,113 | ||
| Interest expense | 392 | 1,138 | ||
| Total expenses | 622,577 | 402,667 | ||
| Income before income taxes | 253,390 | 151,196 | ||
| Income tax expense | 56,320 | 33,623 | ||
| Net income | 197,070 | 117,573 | ||
| Net unrealized gains (losses) on securities available for sale | 24,339 | -2,854 | ||
| Total comprehensive income | 221,409 | 114,719 | ||
| Basic EPS | 7.4 | 4.61 | ||
| Diluted EPS | 7.17 | 4.48 | ||
| Basic Average Shares | 26,639,733 | 25,520,343 | ||
| Diluted Average Shares | 27,485,250 | 26,223,842 | ||
Palomar Holdings, Inc. (PLMR)
Palomar Holdings, Inc. (PLMR)