Inferra AI / Company / PLMR
Palomar Holdings, Inc.
PLMR · Financials
Last earnings Aug 4, 2026
Key results
Net incomequarter
$46.5 million
(NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $46.5 million , or $1.68 per diluted share, for the second quarter of 2025 compared to net income of $25.7 million , or $1.00 per diluted share, for the second quarter of 2024 .
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Adjusted net incomequarter
$48.5 million
Adjusted net income (1) was $48.5 million , or $1.76 per diluted share, for the second quarter of 2025 as compared to $32.0 million , or $1.25 per diluted share, for the second quarter of 2024 .
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Net income of $46.5 million compared to $25.7 million in the second quarter of 2024 •
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
We achieved strong top and bottom-line growth in the quarter as gross written premium grew 29% across our diverse portfolio and adjusted net income increased 52%.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
AI analysis
Q2 2025 · reported Aug 4, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $46.5 million | — | — |
| Adjusted net income | $48.5 million | — | — |
Guidance · company-stated
Direction: Raised
“Full Year 2025 Outlook For the full year 2025, the Company expects to achieve adjusted net income of $198 million to $208 million, an increase from the previously announced range of $195 million to $205 million.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Share Repurchase Program The Company’s Board of Directors approved a share repurchase program effective July 31, 2025.
The program authorizes the repurchase by the Company of up to $150 million of its outstanding shares of common stock over the period ending on July 31, 2027.
Company-stated claims
Historical · 55% · other
“We have organically increased gross written premiums from $16.6 million in our first year of operations to $2.0 billion for the year ended December 31, 2025, which reflects a compound annual growth rate of approximately 55%.”
10-K · Feb 24, 2026Historical · 46% · income
“We have been profitable since 2016, and our net income has increased over that period at a compound annual growth rate of approximately 46%.”
10-K · Feb 24, 2026Event summary
Reports Second Quarter 2025 Results LA
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Company outlook: “Full Year 2025 Outlook For the full year 2025, the Company expects to achieve adjusted net income of $198 million to $208 million, an increase from the previously announced range of $195 million to $205 million.”
Company outlook — Raised (“increase”)
“Full Year 2025 Outlook For the full year 2025, the Company expects to achieve adjusted net income of $198 million to $208 million, an increase from the previously announced range of $195 million to $205 million.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Share Repurchase Program The Company’s Board of Directors approved a share repurchase program effective July 31, 2025.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
The program authorizes the repurchase by the Company of up to $150 million of its outstanding shares of common stock over the period ending on July 31, 2027.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Under the share repurchase program, shares may be repurchased from time to time in the open market or negotiated transactions at prevailing market rates, or by other means in accordance with federal securities laws.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
There is no guarantee as to the exact number or value of shares that will be repurchased by the Company, and the Company may discontinue repurchases at any time that management determines additional repurchases are not warranted.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
The timing and amount of share repurchases under the share repurchase program will depend on several factors, including the Company's stock price performance, ongoing capital planning considerations, general market conditions and applicable legal requirements.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
The carrying amount of any borrowings under the Federal Home Loan Bank ( FHLB ) line of credit and U.
SEC original ↗Palomar Holdings, Inc. — 10-Q Quarterly report10-QAug 5, 2026
Strategy & priorities
Mac Armstrong, Chairman and Chief Executive Officer, commented, “Our second quarter results highlight the sustained execution of our Palomar 2X strategic imperative.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Armstrong continued, “Beyond our financial performance, we remain focused on achieving our 2025 strategic imperatives.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
As part of this program, the Company employs an economic hedging strategy using derivatives to reduce exposure to adverse livestock price movements.
SEC original ↗Palomar Holdings, Inc. — 10-Q Quarterly report10-QAug 5, 2026
Risks & headwinds
Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in the Company’s business.
SEC original ↗Palomar Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Legal Proceedings 47 Item 1A.
SEC original ↗Palomar Holdings, Inc. — 10-Q Quarterly report10-QAug 5, 2026
2025-06, Intangibles Goodwill and Other Internal-Use Software (Subtopic 350-40) ( ASU 2025-06 ) , which clarifies and modernizes the accounting for costs related to internal-use software by removing references to project stages and clarifying the probable-to-complete threshold for capitalization of internal-use software costs when significant development uncertainty exists.
SEC original ↗Palomar Holdings, Inc. — 10-Q Quarterly report10-QAug 5, 2026
Earnings deck slides
0 decks with slide viewPalomar Holdings, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
36 documents- Q2 2026
- 8-KPLMR
Aug 11, 2026
- 10-QPLMR
- 8-KPLMR
Aug 4, 2026
- Q1 2026
- 8-KPLMR
May 29, 2026
- 8-KPLMR
May 26, 2026
- 10-QPLMR
- 8-KPLMR
May 6, 2026
- Q4 2025
- 10-KPLMR
Feb 24, 2026
- 8-KPLMR
Feb 23, 2026
- 8-KPLMR
Feb 11, 2026
- 8-KPLMR
Feb 2, 2026
- EX-99PLMR
- Q3 2025
- 10-QPLMR
- 8-KPLMR
Nov 6, 2025
- 8-KPLMR
Oct 30, 2025
- EX-99PLMR
Oct 30, 2025
- Q2 2025
- 10-QPLMR
- 8-KPLMR
Aug 4, 2025
- Q1 2025
- 8-KPLMR
May 29, 2025
- EX-99PLMR
May 29, 2025
- 8-KPLMR
May 22, 2025
- 10-QPLMR
- 8-KPLMR
May 5, 2025
- Q4 2024
- 8-KPLMR
Mar 20, 2025
- 10-KPLMR
Feb 25, 2025
- 8-KPLMR
Feb 12, 2025
- Q3 2024
- 8-KPLMR
Dec 30, 2024
- 10-QPLMR
- 8-KPLMR
Nov 4, 2024
- Q2 2024
- 8-KPLMR
Aug 9, 2024
- EX-99PLMR
- EX-99PLMR
- 10-QPLMR
- 8-KPLMR
Aug 5, 2024
- Q1 2024
- 8-KPLMR
Jun 20, 2024
- EX-99PLMR
Jun 20, 2024
Earnings releases
14 documentsPresentations
1 document- Q4 2024
- PLMRDeck
Transcripts
0 documentsNo transcripts for Palomar Holdings, Inc. are held in this edition of the library.
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