Palomar Holdings, Inc. Reports First Quarter 2026 Results
Palomar Holdings reported first quarter 2026 gross written premiums of $629.8 million, up 42.4% year-over-year, driven by growth across all product lines including Earthquake and Crop. Adjusted net income increased 23.1% to $63.1 million, or $2.31 per diluted share, while GAAP net income remained flat at $42.9 million due to acquisition-related costs and higher losses.
Key figures
- Eps
- 1.57
- Revenue
- $278.9 million
- Guidance
- Full year 2026 adjusted net income of $262 million to $278 million
- Revenue Yoy
- 59.7%
- Gwp
- $629.8 million
- Roe
- 18.1%
- Adj eps
- 2.31
- Adj roe
- 26.6%
- Gwp yoy
- 42.4%
- Loss ratio
- 33.3%
- Adj net income
- $63.1 million
- Combined ratio
- 84.5%
- Adj combined ratio
- 76.0%
- Buyback authorization
- $200 million
AI analysis
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