Slide Insurance Holdings, Inc. (SLDE)
Slide Insurance Holdings, Inc. operates as a parent organization. Through its affiliated companies, its main business is providing property and casualty insurance, particularly for residential properties such as detached homes and condominiums.
Sector: Fire, Marine & Casualty Insurance
Industry: Insurance - Property & Casualty
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDEFinancial Services · Insurance - Property & Casualty
+1.86%$29.08
AH Close$29.08+0.00%vs close
AH Close$29.08+0.00%vs close
Mkt Cap$3.4B
Float105.43M
O/S116.81M
Inst Own49.5%
SI7.0%
Div Yield0.24%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.16B
Net Income$443.96M
Total Assets$2.92B
Free Cash Flow$794.58M
Debt & Equity
Debt 4%
Equity 96%
Total Debt$43.34M
Total Equity$1.11B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SLDE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.92B
Liabilities$1.81B
Accounts Receivable$294.46M
Accounts Payable$189.15M
Inventory$0
PP&E (Net)$20.06M
Goodwill$2.6M
Intangible Assets$93.83M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Revenue | $1.16B | $846.81M | $468.53M | $242.43M |
| YoY Growth | 36.5% | 80.7% | 93.3% | - |
| Cost of Revenue | $235.46M | $425.26M | $251.83M | $166.97M |
| Gross Profit | $920.44M | $421.55M | $216.7M | $75.46M |
| Gross Margin | 79.6% | 49.8% | 46.3% | 31.1% |
| Research and Development | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $134.37M | $136.32M | $87.86M | $39.02M |
| Other | $196.83M | $15.25M | $11.2M | $6.42M |
| Total Operating Expenses | $331.2M | $151.58M | $99.06M | $45.44M |
| Operating Income (EBIT) | $589.24M | $269.98M | $117.64M | $30.01M |
| Operating Margin | 51.0% | 31.9% | 25.1% | 12.4% |
| Interest Expense | $2.7M | $3.75M | $2.4M | $489K |
| Interest Income | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $589.24M | $269.98M | $117.64M | $30.01M |
| Income Tax Expense | $145.28M | $68.85M | $30.27M | $7.71M |
| Net Income | $443.96M | $201.13M | $87.37M | $22.3M |
| Net Income Margin | 38.4% | 23.8% | 18.6% | 9.2% |
| Supplementary Data | ||||
| EPS | 4.75 | 1.61 | 0.70 | 1.06 |
| Diluted EPS | 3.36 | 1.61 | 0.70 | 1.06 |
| Weighted Average OS | 123.78M | 124.93M | 124.93M | 21.06M |
| EBITDA | $605.31M | $284.04M | $128.77M | $36.43M |
| EBITDA Margin | 52.4% | 33.5% | 27.5% | 15.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Assets | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | $1.2B | $493.41M | $334.55M | $176.65M |
| Short-Term Investments | $48.35M | $56.67M | $26.04M | $0 |
| Cash and Short-Term Investments | $1.25B | $550.08M | $360.58M | $176.65M |
| Accounts Receivable | $294.46M | $404.55M | $188.53M | $341.92M |
| Inventory | $0 | $0 | $0 | $0 |
| Other Current Assets | $481.76M | $296.43M | $107.82M | $52.54M |
| Total Current Assets | $2.24B | $1.4B | $741.01M | $605.94M |
| Long-Term Assets | ||||
| Property, Plant & Equipment Net | $20.06M | $21.97M | $12.48M | $12.93M |
| Goodwill | $2.6M | $2.6M | $2.6M | $2.6M |
| Intangible Assets | $93.83M | $72.74M | $58.55M | $49.71M |
| Long-Term Investments | $545.37M | $412.85M | $249.39M | $28.5M |
| Deferred Tax Assets | $18.33M | $17.37M | $11.47M | $2.58M |
| Other Long-Term Assets | $816K | $865K | $1.19M | $2.71M |
| Total Long-Term Assets | $681.01M | $528.39M | $335.69M | $99.03M |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $2.92B | $1.93B | $1.08B | $704.97M |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $189.15M | $92.56M | $42.48M | $12.31M |
| Short-Term Debt | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $45.15M | $27.31M | $10.44M |
| Current Unearned Revenue | $1.03B | $708.36M | $470.73M | $190.98M |
| Other Current Liabilities | $439.87M | $595.69M | $249.95M | $323.42M |
| Total Current Liabilities | $1.76B | $1.44B | $790.47M | $537.16M |
| Long-Term Liabilities | ||||
| Long-Term Debt | $33.69M | $39.19M | $35.09M | $24.14M |
| Long-Term Unearned Revenue | $90K | $90K | $90K | $90K |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $3.02M | $8.66M | $6.24M | $245K |
| Total Long-Term Liabilities | $46.45M | $57M | $48.63M | $32.47M |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.81B | $1.5B | $839.1M | $569.62M |
| Stockholders' Equity | ||||
| Preferred Stock | $0 | $514K | $92K | $82K |
| Common Stock | $1.24M | $562K | $102K | $112K |
| Retained Earnings | $753.15M | $309.19M | $108.07M | $20.69M |
| Comprehensive Income & Other | $7.17M | $285K | $2.59M | -$458K |
| Other Stockholders' Equity | $358.85M | $123.41M | $129.43M | $114.54M |
| Total Equity | $1.11B | $433.16M | $237.6M | $135.34M |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.92B | $1.93B | $1.08B | $704.97M |
| Supplementary Data | ||||
| Total Debt | $43.34M | $48.25M | $42.31M | $32.13M |
| Net Debt | -$1.16B | -$445.16M | -$292.24M | -$144.52M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Operating Activities | ||||
| Net Income | $443.96M | $201.13M | $87.37M | $22.3M |
| Depreciation & Amortization | $12.44M | $10.31M | $8.73M | $5.93M |
| Deferred Income Tax | -$3.3M | -$5.12M | -$9.93M | -$2.31M |
| Stock-Based Compensation | $12.07M | $2.88M | $2.28M | $1.36M |
| Changes in Working Capital: | ||||
| Accounts Receivable | $105.24M | -$211.28M | $153.5M | -$341.92M |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $95.79M | $46.62M | $29.42M | $5.77M |
| Other Working Capital | $198.51M | $512.42M | $164.93M | $466M |
| Total Working Capital Change | $399.54M | $347.76M | $347.85M | $129.84M |
| Other Non-Cash Items | -$67.28M | -$3.08M | $6.69M | -$6K |
| Net Cash from Operating | $797.43M | $553.89M | $443M | $157.12M |
| Investing Activities | ||||
| Capital Expenditures | -$2.86M | -$10.09M | -$8.68M | -$5.27M |
| Acquisitions | $0 | $0 | $0 | -$2.81M |
| Purchases of Investments | -$197.74M | -$234.6M | -$256.21M | -$29.52M |
| Sales of Investments | $85.42M | $40.7M | $14.56M | $411K |
| Other Investing Activities | $0 | $0 | $0 | -$14.91M |
| Net Cash from Investing | -$115.18M | -$204M | -$250.33M | -$52.1M |
| Financing Activities | ||||
| Debt Repaid | $6M | -$7.42M | -$10.95M | -$14.14M |
| Common Stock Issuance | $265.19M | $0 | $11K | $0 |
| Common Stock Repurchases | -$40M | $0 | -$4M | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$8.31M | -$9.29M | $0 | $0 |
| Net Cash from Financing | $210.88M | -$2.41M | $20.5M | $23.1M |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Change in Cash | $893.13M | $347.48M | $213.17M | $128.11M |
| Supplementary Data | ||||
| Operating Cash Flow | $797.43M | $553.89M | $443M | $157.12M |
| Capital Expenditure | -$2.86M | -$10.09M | -$8.68M | -$20.18M |
| Free Cash Flow | $794.58M | $543.8M | $434.32M | $136.94M |
| Cash at Beginning | $789.84M | $442.36M | $229.19M | $101.08M |
| Cash at End | $1.68B | $789.84M | $442.36M | $229.19M |