Palomar Holdings Inc (PLMR) News & EventsPLMRPalomar Holdings Inc

Company Expects FY26 Adjusted Net Income of $262M-$278M

For FY26, the company expects to achieve adjusted net income of $262M-$278M. This includes an estimate of $8M-$12M of catastrophe losses for the year.

Palomar Q1 Revenue $262.85M Beats Expectations

Reports Q1 revenue $262.85M, consensus $248.24M. Mac Armstrong, CEO, commented, "The first quarter was another demonstration of our sustained profitable growth. Our unique, 'one of one' specialty products portfolio is purposely built to generate consistent earnings and compelling margins in any market cycle. The combination of Palomar's mix of personal and commercial lines products written on both an admitted and excess and surplus basis, and strong growth from our Crop and Surety franchises made for a great start to the year. Importantly, our growth wasn't limited to one product set. In fact, we grew across all five categories, including Earthquake, this quarter. I'm happy to share that our profits and capital efficiency stayed strong in the first quarter, with an adjusted combined ratio of 76% and an adjusted return on equity of 27%."

Company Reports Q4 Revenue of $233.46M, Beating Expectations

Reports Q4 revenue $233.46M, consensus $204.58M. Mac Armstrong, Chairman and Chief Executive Officer, commented, "Our strong fourth quarter results provided a superb culmination to what was an exceptional 2025. The quarter was highlighted by record adjusted net income, strong top and bottom-line growth as gross written premium grew 32% and adjusted net income increased 48% across our unique and diverse portfolio. Our specialty product suite is purpose-built to navigate any market cycle and generate strong, consistent returns. The fourth quarter further demonstrated this capability as we generated an adjusted combined ratio of 73% and a 27% adjusted return on equity."