Palomar Holdings, Inc.(PLMR)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Palomar Holdings, Inc. (PLMR) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores PLMR at 70.0/100 on a 32-signal composite quality model, placing it at rank #234 of 2,960 stocks — the top 10% of the AI-ranked universe. PLMR scores in the top quartile across revenue growth (94.8), free cash flow (89.9), earnings quality (80.2). Areas of concern include institutional flow (26.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 36.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Palomar Holdings, Inc. reports quarterly revenue of $314.4M, net income of $52.6M, an operating margin of 22.2%. Top institutional holders of PLMR by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. PLMR trades on the Nasdaq exchange and files with the SEC under CIK 1761312. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PLMR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Palomar Holdings, Inc. directly from SEC EDGAR.
AI Quality Score
70.0/100
AI Rank
#234
Revenue
$314.4M
Net Income
$52.6M
Free Cash Flow
$166.8M
Operating Margin
22.2%
PLMR key financials by period
Palomar Holdings, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$876.0M
$197.1M
28.9%
FY 2024
10-K
$553.9M
$117.6M
27.3%
FY 2023
10-K
$375.9M
$79.2M
27.6%
FY 2022
10-K
$327.1M
$52.2M
20.6%
FY 2021
10-K
$247.8M
$45.8M
23.1%
FY 2020
10-K
$168.5M
$6.3M
3.7%
Institutions holding PLMR
Institutional investors reporting a position in Palomar Holdings, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenue reached $314.4M as net earned premiums rose 59.5% to $287.0M, but the loss ratio climbed to 34.5% from 25.7% and the combined ratio to 83.3%.
Biggest Revenue Drivers
Net earned premiums$287.0M+59.5% YoY
Earning of increased gross written premiums, partially offset by ceded premiums; retention of a higher percentage of Crop premiums and lower XOL pricing
Net investment income$20.0M+49.2% YoY
Higher average investment balance from investing operating cash flow and higher yields on invested assets
Biggest Revenue Drivers
Total revenue: $314.4M
Net earned premiums$287.0M+59.5% YoY
Earning of increased gross written premiums, partially offset by ceded premiums; retention of a higher percentage of Crop premiums and lower XOL pricing
Net investment income$20.0M+49.2% YoY
Higher average investment balance from investing operating cash flow and higher yields on invested assets
Net realized and unrealized gains on investments$6.8M-18.7% YoY
Primarily driven by unrealized gains on equity securities of $6.4M
Commission and other income$0.8M-54.1% YoY
Non-recurrence of a reimbursement arrangement that benefited the prior period
Largest Expense Items
Losses and loss adjustment expenses$99.0M+114.3% YoY
Higher attritional losses from premium growth in Casualty, Crop and Inland Marine and Property, plus higher Crop retention
Acquisition expenses, net$71.3M+38.0% YoY
Higher commissions and premium-related taxes on higher gross earned premiums
Other underwriting expenses$69.4M+52.5% YoY
Higher payroll, technology and stock-based compensation expenses associated with general growth
Interest expense$4.9M
Term Loan interest of $4.0 million following the January 2026 $300 million borrowing
Margins: Combined ratio rose to 83.3% from 78.8% as the loss ratio jumped to 34.5% from 25.7%, partly offset by an expense ratio improving to 48.8% from 53.1%.
Watch Items from the Filing
Loss ratio deteriorated to 34.5% from 25.7%; non-catastrophe losses rose 115.1% to $99.4M on higher attritional losses and higher retained Crop exposure.
Gray Surety, acquired January 2026 for approximately $314.0 million, contributed $21.6 million of revenue but a $4.6 million net loss in the quarter.
Distribution concentration: largest program administrator produced $207.6M (16.5% of gross written premiums) and second largest $164.5M (13.0%) for the six months.
California generated 25.6% of gross written premiums for the six months, concentrating catastrophe and regulatory exposure; catastrophe retention is $20 million per earthquake event.
New leverage and commitments: $295.8 million Term Loan outstanding with covenants, $164.3 million unfunded limited partnership commitments, and a first-ever dividend of approximately $12.2 million.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
