Get started

Financials · PLMR

Palomar Holdings Inc. (PLMR) financials

For the twelve months ended Sep 30, 2026, Palomar Holdings Inc. reported $1.23B of revenue and $217.04M of net income.

Revenue, TTM
$1.23B
Revenue growth, YoY
+58.4%
Net income, TTM
$217.04M
Net income growth, YoY
+23.4%
Net margin
17.6%
Free cash flow, TTM
$451.67M
EPS, diluted, TTM
$7.98
EPS growth, YoY
+24.5%
Cash
$55.63M
Total debt
$294.04M
P/E
18.88
P/S
3.32
Market cap
$4.10B
Annual revenue$875.97M
FY2017FY2025
Annual net income$197.07M
FY2017FY2025
Annual free cash flow$408.98M
FY2017FY2025

PLMR revenue and earnings growth

PLMR revenueQ3 2026$386.59M

Quarter YoY
+58.0%
QoQ
+23.0%
FY YoY
+58.2%
5Y CAGR
+39.1%

PLMR revenue was $386.59M in fiscal Q3 2026 (ended Sep 30, 2026), up 58.0% from a year earlier and up 23.0% from the prior quarter. For the full fiscal 2025 it was $875.97M, up 58.2% from fiscal 2024. Compound annual growth was +39.1% over 5 years. It rose in each of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

PLMR net incomeQ3 2026$65.33M

Quarter YoY
+27.0%
QoQ
+24.2%
FY YoY
+67.6%
5Y CAGR
+99.4%

PLMR net income was $65.33M in fiscal Q3 2026 (ended Sep 30, 2026), up 27.0% from a year earlier and up 24.2% from the prior quarter. For the full fiscal 2025 it was $197.07M, up 67.6% from fiscal 2024. Compound annual growth was +99.4% over 5 years. It rose in 6 of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

PLMR EPSQ3 2026$2.42

Quarter YoY
+29.4%
QoQ
+24.7%
FY YoY
+60.0%
5Y CAGR
+97.3%

PLMR diluted EPS was $2.42 in fiscal Q3 2026 (ended Sep 30, 2026), up 29.4% from a year earlier and up 24.7% from the prior quarter. For the full fiscal 2025 it was $7.17, up 60.0% from fiscal 2024. Compound annual growth was +97.3% over 5 years.

PLMR free cash flowQ3 2026$120.49M

Quarter YoY
+44.1%
QoQ
-27.7%
FY YoY
+56.8%
5Y CAGR
+48.1%

PLMR free cash flow was $120.49M in fiscal Q3 2026 (ended Sep 30, 2026), up 44.1% from a year earlier and down 27.7% from the prior quarter. For the full fiscal 2025 it was $408.98M, up 56.8% from fiscal 2024. Compound annual growth was +48.1% over 5 years. It rose in 7 of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Revenue$875.97M$553.86M$375.93M$327.09M$247.79M$168.46M$113.30M$72.97M$59.47M
Interest expense$392.0K$1.14M$3.77M$873.0K$40.0K-$1.07M$2.30M$1.75M
Pre-tax income$253.39M$151.20M$103.64M$67.55M$57.14M$6.22M$18.08M$18.21M$4.93M
Income tax$56.32M$33.62M$24.44M$15.38M$11.29M-$34.0K$7.46M-$6.0K$1.15M
Net income$197.07M$117.57M$79.20M$52.17M$45.85M$6.26M$10.62M$18.22M$3.78M
EPS, basic$7.40$4.61$3.19$2.07$1.80$0.25$0.49$1.07$0.22
EPS, diluted$7.17$4.48$3.13$2.02$1.76$0.24$0.49$1.07$0.22
Diluted shares27.5M26.2M25.3M25.8M26.1M25.6M21.8M17.0M17.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Cash and equivalents$106.88M$80.44M$51.55M$68.11M$50.37M$33.79M$33.35M$9.92M$10.93M
Goodwill$30.47M$3.75M$3.75M$0-----
Total assets$3.05B$2.26B$1.71B$1.31B$925.73M$729.09M$395.46M$231.13M-
Total debt$0$0$52.60M$36.40M---$19.08M-
Total liabilities$2.11B$1.53B$1.24B$921.70M$531.57M$365.38M$176.91M$134.84M-
Shareholders' equity$942.67M$729.03M$471.25M$384.75M$394.17M$363.71M$218.56M$96.29M$78.41M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Operating cash flow$409.12M$261.16M$116.11M$169.58M$87.81M$57.49M$44.51M$22.81M$20.25M
Capital expenditures$137.0K$243.0K$15.0K$313.0K$18.0K$132.0K$115.0K$332.0K$68.0K
Free cash flow$408.98M$260.91M$116.09M$169.27M$87.80M$57.36M$44.40M$22.48M$20.18M
Investing cash flow-$353.98M-$306.24M-$128.48M-$156.81M-$58.19M-$185.38M-$83.38M-$25.36M-$19.13M
Financing cash flow-$28.79M$73.77M-$3.94M$5.02M-$13.04M$128.33M$62.29M$1.55M-
Share repurchases$37.28M$0$22.27M$34.41M$15.85M----
Stock-based compensation$21.01M$16.68M$14.91M$11.62M$5.58M$2.17M$24.10M--
Depreciation and amortization$8.93M$5.11M$4.50M$4.12M$3.54M$1.34M$216.0K$212.0K-

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Revenue growth, YoY58.2%47.3%14.9%32.0%47.1%48.7%55.3%22.7%-
Net income growth, YoY67.6%48.4%51.8%13.8%632.7%-41.1%-41.7%381.6%-
EPS growth, YoY60.0%43.1%55.0%14.8%633.3%-51.0%-54.2%386.4%-
Net margin22.5%21.2%21.1%15.9%18.5%3.7%9.4%25.0%6.4%
Free cash flow margin46.7%47.1%30.9%51.8%35.4%34.0%39.2%30.8%33.9%
Return on equity20.9%16.1%16.8%13.6%11.6%1.7%4.9%18.9%4.8%
Return on assets6.5%5.2%4.6%4.0%5.0%0.9%2.7%7.9%-
Debt to equity0.000.000.110.09---0.20-

Source: XBRL data Palomar Holdings Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

PLMR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
PLMR$1.23B+58.4%$217.04M17.6%$4.10B
CB$61.85B+5.7%$11.23B18.2%$139.46B
PGR$91.73B+7.7%$11.62B12.7%$131.96B
TRV$48.92B+1.1%$8.33B17.0%$80.99B
ALL$70.23B+5.1%$11.61B16.5%$63.05B
AIG$27.73B+1.2%$3.29B11.9%$40.31B
HIG$29.87B+9.2%$4.61B15.4%$35.83B
ACGL$18.78B-3.9%$4.38B23.3%$34.92B
CINF$13.28B+9.9%$2.66B20.1%$28.47B

PLMR FAQ

8 questions
  • What is PLMR revenue?
    Palomar Holdings Inc. (PLMR) reported $1.23B of revenue for the twelve months ended Sep 30, 2026. That is up 58.4% from the year before. Revenue for fiscal 2025 was $875.97M.
  • Is PLMR profitable?
    Yes. Palomar Holdings Inc. earned $217.04M in net income for the twelve months ended Sep 30, 2026, a net margin of 17.6%.
  • How much cash and debt does PLMR have?
    Palomar Holdings Inc. reported $55.63M in cash and cash equivalents and $294.04M of debt on its most recent balance sheet in SEC filings.
  • How fast is PLMR revenue growing?
    Palomar Holdings Inc.'s revenue changed +58.2% in fiscal 2025, to $875.97M. Its compound annual growth rate was +39.1% over 5 years.
  • What is PLMR free cash flow?
    Palomar Holdings Inc. generated $451.67M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $452.18M less capital expenditures.
  • What is PLMR earnings per share?
    Diluted earnings per share were $7.98 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did PLMR last report financial results?
    The latest statements here come from Palomar Holdings Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this PLMR financial data come from?
    Quantisnow builds these statements from the structured XBRL data Palomar Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.