Palomar Holdings, Inc. Income Statement
PLMR / Financials|9 years of annual SEC 10-K data (FY2017-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 9 fiscal years. All figures from audited SEC 10-K filings.
Palomar Holdings, Inc. reported $876M in revenue and $197M in net income for FY2025. Revenue has grown at a 40.0% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.59 (distress zone, below 1.8 threshold)
- Strong profit margin: 21.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $876.0M | $553.9M | $375.9M | $327.1M | $247.8M | $168.5M | $113.3M | $73.0M | $59.5M |
| Interest Expense | $392.0K | $1.1M | $3.8M | $873.0K | $40.0K | - | $1.1M | $2.3M | $1.7M |
| Income Tax | $56.3M | $33.6M | $24.4M | $15.4M | $11.3M | -$34.0K | $7.5M | -$6.0K | $1.1M |
| Net Income | $197.1M | $117.6M | $79.2M | $52.2M | $45.8M | $6.3M | $10.6M | $18.2M | $3.8M |
| EPS (Basic) | $3.19 | $2.07 | $1.80 | $0.25 | $0.49 | $1.07 | $0.22 | $1.07 | $0.22 |
| EPS (Diluted) | $3.13 | $2.02 | $1.76 | $0.24 | $0.49 | $1.07 | $0.22 | $1.07 | $0.22 |
| Shares Outstanding | 26.5M | 24.8M | 25.0M | 25.4M | 25.5M | 23.5M | 17.0M | 17.0M | 17.0M |
| Profit Margin | 22.5% | 21.2% | 21.1% | 16.0% | 18.5% | 3.7% | 9.4% | 25.0% | 6.4% |