Palomar Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $876.0M | $553.9M | $375.9M | $327.1M | $247.8M |
| Interest expense | $392,000 | $1.1M | $3.8M | $873,000 | $40,000 |
| Pretax income | $253.4M | $151.2M | $103.6M | $67.6M | $57.1M |
| Income tax expense | $56.3M | $33.6M | $24.4M | $15.4M | $11.3M |
| Net income | $197.1M | $117.6M | $79.2M | $52.2M | $45.8M |
| Balance Sheet | |||||
| Cash and equivalents | $106.9M | $80.4M | $51.5M | $68.1M | $50.3M |
| Total assets | $3.1B | $2.3B | $1.7B | $1.3B | $925.7M |
| Total liabilities | $2.1B | $1.5B | $1.2B | $921.7M | $531.6M |
| Stockholders' equity | $942.7M | $729.0M | $471.3M | $384.8M | $394.2M |
| Cash Flow Statement | |||||
| Cash from operations | $409.1M | $261.2M | $116.1M | $169.6M | $87.8M |
| Depreciation and amortization | $8.9M | $5.1M | $4.5M | $4.1M | $3.5M |
| Stock-based compensation | $21.0M | $16.7M | $14.9M | $11.6M | $5.6M |
| Capital expenditure | $137,000 | $243,000 | $15,000 | $313,000 | $18,000 |
| Free cash flow | $409.0M | $260.9M | $116.1M | $169.3M | $87.8M |
| Share repurchases | $37.3M | $0 | $22.3M | $34.4M | $15.9M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 26.5M · Free float 96.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.