NASDAQ$PLMR

Palomar Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Palomar Holdings reported Q1 2025, revenue of $456M, net income of $89M, diluted EPS of $1.85.

For Q1 2025, Palomar Holdings reported revenue of $456M, net income of $89M, diluted EPS was $1.85. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $456M.
  • Net income $89M.
  • Diluted EPS $1.85.

Headline financials

Total Revenue

$175M

Previous: $119M+47.3%
EPS (adj)

$1.85

Previous: $1.04+77.9%
Gross Written Premiums

$442M

Previous: $368M+20.1%
Catastrophe Loss Ratio

-0.3%

Previous: 3.1%-109.7%
Combined Ratio

73.1%

Previous: 76.9%-4.9%
Adjusted Combined Ratio

68.5%

Previous: 73.0%-6.2%
Annualized Return on Equity

22.6%

Previous: 21.7%+4.1%
Annualized Adjusted Return on Equity

27.0%

Previous: 22.9%+17.9%
Stockholders' Equity

$790M

Previous: $502M+57.6%
Adjusted Combined Ratio Excl. Catastrophe Losses

68.9%

Previous: 69.8%-1.3%
Adjusted Underwriting Income

$51.6M

Previous: $29.2M+76.9%
Capital Expenditures

-$35K

No prior period
Net Income

$42.9M

Previous: $26.4M+62.7%
Operating Income

$44.1M

Previous: $31.3M+40.9%

Revenue & EPS history

Palomar Holdings · Revenue · Quarterly

$175M

Q1 2025+47.3%vs Q1 2024
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Palomar Holdings · $170M total across 3 segments · Q2 2023

  • Earthquake
    $114M+1284.7%
  • Casualty
    $40.8M+92.3%
  • Fronting
    $15.3M-63.7%

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.9%

Avg return

Earnings day

+6.1%

Avg return

5 days after

+8.2%

Avg return

30 days after

61%

19 / 31 earnings

Positive

+23.9%

Q4 2023

Best reaction

-27.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.4%-2.1%-2.0%
Q4 2025-3.5%-1.3%-8.7%
Q3 2025+8.9%+12.4%-1.2%
Q1 2025+0.1%+2.7%+8.1%
Q4 2024+14.7%+13.9%+20.9%
Q3 2024+2.2%+13.3%+25.6%
Q2 2024+3.3%-0.1%+8.8%
Q1 2024+2.3%+7.7%+7.3%
Q4 2023+23.9%+24.7%+38.0%
Q3 2023+12.6%+13.8%+17.5%
Q2 2023-4.0%-2.9%-13.4%
Q1 2023+0.8%+4.0%+11.1%
Q4 2022+8.1%+18.3%+4.2%
Q3 2022-27.9%-24.1%-31.0%
Q2 2022+9.1%+13.6%+30.7%
Q1 2022-5.6%-9.2%+12.9%
Q4 2021-0.2%+1.5%+13.7%
Q3 2021-1.3%+3.0%-27.6%
Q2 2021-0.5%+9.6%+14.9%
Q1 2021+0.7%+0.2%+9.9%
Q4 2020-6.0%-1.0%-21.3%
Q3 2020-12.5%-23.8%-26.5%
Q2 2020+1.7%+5.2%+14.5%
Q1 2020+4.4%+11.0%+53.7%
Q4 2019-0.4%+3.8%-24.6%
Q3 2018+7.8%+10.5%+24.4%
Q3 2019-2.4%+2.3%+14.6%
Q2 2018+14.2%+22.4%+15.8%
Q2 2019+15.5%+22.9%+17.0%
Q4 2018+18.3%+19.5%+24.9%
Q1 2019+10.5%+16.2%+22.3%
Q1 2018

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