Palomar Holdings, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 247.79M | 327.09M | 375.93M | 553.86M | 875.97M | 58.2% | |
| Cost of Revenue | (136.89M) | (189.44M) | (180.34M) | (284.42M) | (228.59M) | -19.6% | |
Gross Profit | 110.90M | 137.64M | 195.59M | 269.45M | 647.37M | 140.3% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | — | — | — | — | — | — | |
| Depreciation & Amortization | (3.54M) | (4.12M) | (4.50M) | (5.11M) | (8.87M) | 73.6% | |
Operating Income (EBIT) | 57.14M | 67.55M | 103.64M | 151.20M | 253.39M | 67.6% | |
| Non-Operating Items | |||||||
| Interest Income | 9.58M | 14.37M | 24.22M | 36.51M | — | -100.0% | |
| Interest Expense | (40.00K) | (873.00K) | (3.77M) | (1.14M) | (392.00K) | -65.6% | |
| Other Income/Expenses (Net) | — | — | — | — | — | — | |
Income Before Tax | 57.14M | 67.55M | 103.64M | 151.20M | 253.39M | 67.6% | |
| Income Tax Expense | (11.29M) | (15.38M) | (24.44M) | (33.62M) | (56.32M) | 67.5% | |
Net Income | 45.85M | 52.17M | 79.20M | 117.57M | 197.07M | 67.6% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $2 | $2 | $3 | $5 | $7 | 60.5% | |
| Weighted Avg Shares Outstanding | 25.46M | 25.24M | 24.82M | 25.52M | 26.64M | 4.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 26.11M | 25.80M | 25.33M | 26.22M | 27.49M | 4.8% | |
EBITDA | 60.72M | 72.54M | 111.92M | 157.44M | 262.65M | 66.8% |
Explore PLMR
PLMR in the Financial Services
Mid Cap