Palomar Holdings, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $314.4M | $278.9M | $253.4M | $244.7M | $203.3M | $174.6M | $155.8M | $148.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $74.8M | $56.6M | $72.7M | $67.3M | $60.0M | $53.8M | $45.0M | $38.6M |
| Operating Margin | 23.8% | 20.3% | 28.7% | 27.5% | 29.5% | 30.8% | 28.9% | 26.0% |
| Interest Expense | $4.9M | $3.2M | $88.0K | $133.0K | $86.0K | $85.0K | $86.0K | $87.0K |
| Pretax Income | $69.8M | $53.5M | $72.7M | $67.1M | $59.9M | $53.7M | $45.0M | $38.5M |
| Income Tax Expense | $17.2M | $10.5M | $16.5M | $15.7M | $13.4M | $10.8M | $10.0M | $8.0M |
| Net Income | $52.6M | $42.9M | $56.2M | $51.5M | $46.5M | $42.9M | $35.0M | $30.5M |
| Net Margin | 16.7% | 15.4% | 22.2% | 21.0% | 22.9% | 24.6% | 22.4% | 20.5% |
| EPS (Basic) | $2.00 | $1.62 | $2.12 | $1.93 | $1.74 | $1.61 | $1.34 | $1.18 |
| EPS (Diluted) | $1.94 | $1.57 | $2.05 | $1.87 | $1.68 | $1.57 | $1.29 | $1.15 |
| Shares Outstanding (Basic) | 26.3M | 26.6M | 26.6M | 26.6M | 26.8M | 26.7M | 25.5M | 25.8M |
| Shares Outstanding (Diluted) | 27.1M | 27.3M | 27.5M | 27.4M | 27.6M | 27.4M | 26.2M | 26.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |