Palomar Holdings Q4 net income rises 60.6% to $56.2 million; 2026 outlook given
Palomar Holdings reported fourth-quarter 2025 net income of $56.2 million, or $2.06 per diluted share, up from $35.0 million, or $1.29 per diluted share, a year earlier, on gross written premiums that rose 31.8% to $492.6 million. The company also guided to full-year 2026 adjusted net income of $260 million to $275 million, including $8 million to $12 million of expected catastrophe losses.
Key points
- Q4 2025 net income of $56.2 million ($2.06 per diluted share), up 60.6% from $35.0 million ($1.29 per diluted share) in Q4 2024
- Q4 2025 adjusted net income of $61.1 million ($2.24 per diluted share), up 48.0% from $41.3 million
- Q4 2025 gross written premiums rose 31.8% to $492.6 million; combined ratio was 76.8% versus 75.9% a year earlier
- 2026 outlook: adjusted net income of $260 million to $275 million, including $8 million to $12 million of catastrophe losses
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.