Palomar Holdings financials
$123.14+0.08%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $876.0M | $553.9M | $375.9M | $327.1M | $247.8M | $168.5M | $113.3M |
| Gross profit | $430.2M | $269.4M | $195.6M | $137.6M | $110.9M | $40.3M | $70.4M |
| Gross margin | 49.1% | 48.6% | 52.0% | 42.1% | 44.8% | 23.9% | 62.2% |
| Operating income | $253.8M | $152.3M | $107.4M | $68.4M | $57.2M | $6.2M | $19.1M |
| Net income | $197.1M | $117.6M | $79.2M | $52.2M | $45.8M | $6.3M | $10.6M |
| Net margin | 22.5% | 21.2% | 21.1% | 15.9% | 18.5% | 3.7% | 9.4% |
| Diluted EPS | $7.17 | $4.48 | $3.13 | $2.02 | $1.76 | $0.24 | $0.49 |
| EBITDA | $262.7M | $157.4M | $111.9M | $72.5M | $60.7M | $7.6M | $19.4M |
| Operating cash flow | $409.1M | $261.2M | $116.1M | $169.8M | $81.4M | $54.6M | $43.6M |
| Free cash flow | $409.0M | $260.9M | $116.1M | $169.5M | $81.4M | $54.5M | $43.5M |
| Diluted shares | 27.5M | 26.2M | 25.3M | 25.8M | 26.1M | 25.6M | 21.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $106.9M | $80.4M | $51.5M | $68.1M | $50.3M | $33.5M |
| Short-term investments | $17.0K | $101.0K | $306.0K | $56.0K | $87.0K | $248.0K |
| Total debt | $0.00 | $0.00 | $52.6M | $36.4M | $0.00 | $0.00 |
| Total assets | $3.05B | $2.26B | $1.71B | $1.31B | $925.7M | $729.1M |
| Total liabilities | $2.11B | $1.53B | $1.24B | $921.7M | $531.6M | $365.4M |
| Shareholders' equity | $942.7M | $729.0M | $471.3M | $384.8M | $394.2M | $363.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology