For Q1 FY2026 ended March 31, 2026, Palomar reported revenue of $278.9 million, up 59.7% year-over-year. Net income was $42.9 million, essentially flat versus the prior year. Diluted EPS was $1.57. The company had cash of $56.5 million, total equity of $959.0 million, and long-term debt of $297.4 million.
•Revenue surged 59.7% YoY to $278.9 million.
•Net income was $42.9 million, nearly unchanged YoY.
•Diluted EPS of $1.57; cash balance of $56.5 million.
•Equity stood at $959.0 million with long-term debt of $297.4 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Palomar Holdings, Inc., a specialty insurance company provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake. Its portfolio also includes fronting, and inland marine and property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and property products
Assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships.
The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. Incorporated in 2013, the company is headquartered in La Jolla, California.
Palomar Holdings, Inc. is a specialty insurance company that provides property and casualty insurance to individuals and businesses in the United States. The company offers a range of personal and commercial specialty insurance products, including residential and commercial earthquake insurance, inland marine and property products such as inland marine, Hawaii hurricane, excess national property, residential flood, and property products. Additionally, Palomar provides fronting services, assumed reinsurance, and crop insurance products. The company markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships.
Where is Palomar Holdings (PLMR) listed and in which currency?
Palomar Holdings, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol PLMR. The company's shares are traded in U.S. dollars (USD), as it is headquartered in the United States. The exchange is one of the major stock exchanges in the world, providing liquidity and visibility for the company's stock.
What sector and industry does Palomar Holdings (PLMR) operate in?
Palomar Holdings operates in the Financial Services sector, specifically within the Insurance - Property & Casualty industry. This means the company is primarily engaged in underwriting insurance policies that protect against property damage and liability risks. As a property and casualty insurer, Palomar focuses on specialty lines such as earthquake, flood, and hurricane coverage, which are often underserved by standard insurers.
Where is Palomar Holdings headquartered and what markets does it serve?
Palomar Holdings, Inc. is headquartered in La Jolla, California, United States. The company serves the U.S. market, providing insurance products to individuals and businesses across the country. Its geographic focus includes high-risk areas such as earthquake-prone regions in California and hurricane-exposed areas like Hawaii. The company's products are distributed through a network of retail agents, program administrators, wholesale brokers, and strategic partnerships, allowing it to reach a broad customer base.
How does Palomar Holdings (PLMR) generate revenue?
Palomar Holdings generates revenue primarily through the collection of insurance premiums from its policyholders. The company underwrites a variety of specialty property and casualty insurance products, including residential and commercial earthquake, inland marine, Hawaii hurricane, excess national property, residential flood, and crop insurance. Additionally, Palomar earns revenue from fronting arrangements, where it cedes risk to reinsurers, and from assumed reinsurance. The company's business model relies on disciplined underwriting and risk management to maintain profitability.