Palomar Holdings, Inc. (PLMR) quarterly income statement — complete revenue, gross profit & net income history
Palomar Holdings, Inc. (PLMR) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Revenue | 386.59M | 314.42M | 278.94M | 253.36M | 244.66M | 201.03M | 174.63M | 155.64M | 148.35M | 131.31M | 118.53M | 105.39M | 91.01M | 90.4M | 89.2M | 88.63M | 80.69M | 79.66M | 78.11M | 73.17M |
| Revenue Growth % | 58.01% | 56.41% | 59.73% | 62.79% | 64.92% | 53.09% | 47.33% | 47.67% | 63.01% | 45.27% | 32.88% | 18.92% | 12.79% | 13.48% | 14.2% | 21.12% | 19.26% | 38.02% | 58.62% | 73% |
| Medical Costs & Claims | 224M | 170.24M | 87.1M | 70.86M | 129.08M | 97.82M | 85.19M | 77.76M | 81.78M | 66.24M | 58.63M | 46.9M | 43.14M | 43.96M | 46.33M | 45.26M | 58.11M | 43.06M | 43.01M | 37.45M |
| Medical Cost Ratio % | 57.94% | 54.14% | 31.22% | 27.97% | 52.76% | 48.66% | 48.78% | 49.96% | 55.13% | 50.44% | 49.47% | 44.5% | 47.4% | 48.63% | 51.94% | 51.07% | 72.01% | 54.06% | 55.06% | 51.18% |
| Gross Profit | 162.59M | 144.18M | 191.84M | 182.51M | 115.58M | 103.2M | 89.45M | 77.88M | 66.57M | 65.08M | 59.9M | 58.49M | 47.87M | 46.43M | 42.87M | 43.36M | 22.58M | 36.6M | 35.1M | 35.72M |
| Gross Margin % | 42.06% | 45.86% | 68.78% | 72.03% | 47.24% | 51.34% | 51.22% | 50.04% | 44.87% | 49.56% | 50.53% | 55.5% | 52.6% | 51.37% | 48.06% | 48.93% | 27.99% | 45.94% | 44.94% | 48.82% |
| Gross Profit Growth % | 40.68% | 39.7% | 114.48% | 134.35% | 73.62% | 58.59% | 49.33% | 33.14% | 39.07% | 40.15% | 39.72% | 34.9% | 111.98% | 26.87% | 22.13% | 21.39% | 76.78% | 30.45% | 2.18% | 413.94% |
| Operating Expenses | 72.72M | 74.38M | 138.38M | 109.85M | 48.44M | 43.33M | 35.73M | 32.92M | 28.07M | 31.7M | 25.54M | 25.03M | 23.33M | 23.41M | 20.24M | 18.38M | 17.38M | 18.31M | 16.02M | 14.32M |
| OpEx / Revenue % | 18.81% | 23.65% | 49.61% | 43.36% | 19.8% | 21.55% | 20.46% | 21.15% | 18.92% | 24.14% | 21.55% | 23.75% | 25.64% | 25.9% | 22.69% | 20.74% | 21.54% | 22.98% | 20.51% | 19.58% |
| Depreciation & Amortization | 6.16M | 9.18M | 0 | 5.53M | 1.35M | 1.35M | 707K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Combined Ratio % | 76.75% | 77.8% | 80.83% | 71.32% | 72.56% | 70.21% | 69.24% | 71.11% | 74.05% | 74.58% | 71.02% | 68.25% | 73.04% | 74.53% | 74.63% | 71.82% | 93.56% | 77.04% | 75.57% | 70.76% |
| Operating Income | 89.87M | 69.8M | 53.46M | 72.66M | 67.14M | 59.88M | 53.71M | 44.96M | 38.5M | 33.37M | 34.36M | 33.46M | 24.54M | 23.02M | 22.63M | 24.98M | 5.2M | 18.29M | 19.08M | 21.39M |
| Operating Margin % | 23.25% | 22.2% | 19.17% | 28.68% | 27.44% | 29.79% | 30.76% | 28.89% | 25.95% | 25.42% | 28.98% | 31.75% | 26.96% | 25.47% | 25.37% | 28.18% | 6.44% | 22.96% | 24.43% | 29.24% |
| Operating Income Growth % | 33.86% | 16.57% | -0.47% | 61.6% | 74.37% | 79.42% | 56.34% | 34.38% | 56.93% | 44.98% | 51.82% | 33.96% | 372.01% | 25.84% | 18.58% | 16.75% | 4160.66% | 17.89% | -5.08% | 990.67% |
| EBITDA | 96.03M | 78.98M | 56.62M | 78.19M | 68.48M | 61.23M | 54.42M | 45.05M | 38.59M | 33.6M | 35.1M | 34.28M | 25.4M | 24.08M | 23.65M | 25.38M | 5.47M | 18.4M | 19.18M | 21.39M |
| EBITDA Margin % | 24.84% | 25.12% | 20.3% | 30.86% | 27.99% | 30.46% | 31.16% | 28.94% | 26.01% | 25.59% | 29.61% | 32.53% | 27.91% | 26.64% | 26.51% | 28.63% | 6.78% | 23.1% | 24.55% | 29.24% |
| Interest Expense | 5.14M | 4.95M | 3.16M | 88K | 133K | 86K | 85K | 86K | 87K | 225K | 740K | 823K | 867K | 1.06M | 1.02M | 398K | 270K | 111K | 93K | 0 |
| Non-Operating Income | 0 | -4.95M | -3.16M | -87K | -133K | -86K | -85K | -86K | -87K | -225K | -740K | -823K | -867K | -1.06M | -1.02M | -398K | -270K | -111K | -93K | 0 |
| Pretax Income | 84.73M | 69.8M | 53.46M | 72.66M | 67.14M | 59.88M | 53.71M | 44.96M | 38.5M | 33.37M | 34.36M | 33.46M | 24.54M | 23.02M | 22.63M | 24.98M | 5.2M | 18.29M | 19.08M | 21.39M |
| Pretax Margin % | 21.92% | 22.2% | 19.17% | 28.68% | 27.44% | 29.79% | 30.76% | 28.89% | 25.95% | 25.42% | 28.98% | 31.75% | 26.96% | 25.47% | 25.37% | 28.18% | 6.44% | 22.96% | 24.43% | 29.24% |
| Income Tax | 19.4M | 17.21M | 10.51M | 16.49M | 15.68M | 13.35M | 10.79M | 10M | 8.01M | 7.64M | 7.97M | 7.56M | 6.1M | 5.46M | 5.32M | 6.22M | 912K | 3.7M | 4.55M | 4.76M |
| Effective Tax Rate % | 22.89% | 24.66% | 19.67% | 22.7% | 23.36% | 22.3% | 20.09% | 22.24% | 20.79% | 22.91% | 23.21% | 22.61% | 24.87% | 23.71% | 23.49% | 24.89% | 17.55% | 20.25% | 23.83% | 22.26% |
| Net Income | 65.33M | 52.59M | 42.95M | 56.16M | 51.45M | 46.53M | 42.92M | 34.97M | 30.5M | 25.73M | 26.38M | 25.9M | 18.43M | 17.56M | 17.31M | 18.76M | 4.29M | 14.59M | 14.54M | 16.63M |
| Net Margin % | 16.9% | 16.73% | 15.4% | 22.17% | 21.03% | 23.15% | 24.58% | 22.47% | 20.56% | 19.59% | 22.26% | 24.57% | 20.25% | 19.43% | 19.41% | 21.17% | 5.31% | 18.31% | 18.61% | 22.73% |
| Net Income Growth % | 26.97% | 13.03% | 0.06% | 60.63% | 68.72% | 80.84% | 62.69% | 35.02% | 65.46% | 46.5% | 52.38% | 38.05% | 330.05% | 20.38% | 19.1% | 12.79% | 1642.28% | 18.23% | -12.59% | 1001.46% |
| EPS (Diluted) | 2.42 | 1.94 | 1.57 | 2.06 | 1.87 | 1.68 | 1.57 | 1.29 | 1.15 | 1.00 | 1.04 | 1.02 | 0.73 | 0.69 | 0.68 | 0.73 | 0.17 | 0.57 | 0.56 | 0.64 |
| EPS Growth % | 29.41% | 15.48% | 0% | 59.69% | 62.61% | 68% | 50.96% | 26.47% | 57.53% | 44.93% | 52.94% | 39.73% | 329.41% | 21.05% | 21.43% | 14.06% | 1600% | 21.28% | -11.11% | 982.76% |
| EPS (Basic) | 2.48 | 2.00 | 1.62 | 2.12 | 1.93 | 1.74 | 1.61 | 1.32 | 1.18 | 1.03 | 1.06 | 1.05 | 0.75 | 0.71 | 0.69 | 0.74 | 0.17 | 0.58 | 0.57 | 0.65 |
| Diluted Shares Outstanding | 27M | 27.06M | 27.34M | 27.32M | 27.53M | 27.57M | 27.4M | 27.21M | 26.48M | 25.62M | 25.47M | 25.27M | 25.24M | 25.31M | 25.44M | 25.73M | 25.79M | 25.75M | 25.9M | 26.05M |