The earnings call highlighted significant achievements in terms of revenue growth, strategic positioning, and financial performance with several segments showing robust expansion. Despite some challenges such as increased competition in the commercial earthquake market and a decline in fronting premiums, the company's strong overall performance and strategic initiatives like the share repurchase program and raised guidance reflect a positive outlook.

Company Guidance

During the second quarter of 2025, Palomar Holdings reported impressive financial results, showcasing a 29% increase in gross written premiums, with a significant 45% growth on a same-store basis. The company's adjusted net income surged by 52% year-over-year, reaching $48.5 million, or $1.76 per share. The adjusted combined ratio was maintained at 73.1%, while the annualized adjusted return on equity stood at 23.7%. Palomar's strategic initiatives were highlighted, including the successful execution of reinsurance placements that led to a 10% risk-adjusted rate decrease. The earthquake franchise displayed a steady 9% growth in gross written premiums, supported by strong policy retention of 87% and a 10% inflation guard. Inland Marine and other property categories grew by 28%, driven by residential lines, while the Crop business reported $39 million in written premium, benefiting from favorable weather conditions. The company's guidance for 2025 adjusted net income was raised to a range of $198 million to $208 million, reflecting a midpoint implying an adjusted ROE of 24%.

Exceptional Top Line and Bottom Line Growth

Achieved exceptional top line growth of 29% (45% on a same-store basis) and strong bottom line growth with adjusted net income increasing 52% year-over-year.

Strong Financial Metrics

Generated an adjusted combined ratio of 73% and a 24% adjusted return on equity.

Earthquake Franchise Performance

Gross written premium growth of 9% year-over-year in the Earthquake franchise with 87% policy retention and 10% inflation guard on the existing book.

Inland Marine and Other Property Growth

Category grew 28% year-over-year, with residential builders risk products performing well, growing 52% in the quarter.

Casualty Segment Growth

Casualty segment experienced strong growth with gross written premium increasing 119% year-over-year.

Crop Franchise Expansion

Generated $39 million of written premium compared to $2.2 million in the prior year period, with confidence in attaining a $200 million premium target for the year.

Reinsurance Program Success

Completed the placement of June 1 core excess of loss treaty, achieving a 10% risk-adjusted rate decrease.

Share Repurchase Program

Board authorized a 2-year $150 million share repurchase program.

Raised Guidance for 2025

Raised 2025 adjusted net income guidance to $198 million to $208 million, with a midpoint implying an adjusted ROE of 24%.

Palomar Holdings (PLMR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PLMR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.53 / -	1.23	―	―	―
Aug 04, 2025	2025 (Q2)	1.67 / 1.76	1.25	40.80% (+0.51)	―
May 05, 2025	2025 (Q1)	1.59 / 1.87	1.09	71.56% (+0.78)	―
Feb 12, 2025	2024 (Q4)	1.23 / 1.52	1.11	36.94% (+0.41)	―
Nov 04, 2024	2024 (Q3)	1.03 / 1.23	0.92	33.70% (+0.31)	―
Aug 05, 2024	2024 (Q2)	1.09 / 1.25	0.86	45.35% (+0.39)	―
May 02, 2024	2024 (Q1)	0.94 / 1.09	0.8	36.25% (+0.29)	―
Feb 14, 2024	2023 (Q4)	0.94 / 1.11	0.82	35.37% (+0.29)	―
Nov 01, 2023	2023 (Q3)	0.74 / 0.92	0.29	217.24% (+0.63)	―
Aug 02, 2023	2023 (Q2)	0.82 / 0.86	0.73	17.81% (+0.13)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PLMR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$131.53	$112.26	-14.65%
May 05, 2025	$155.69	$156.33	+0.41%
Feb 12, 2025	$108.99	$125.04	+14.73%
Nov 04, 2024	$88.47	$90.30	+2.07%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Palomar Holdings Inc (PLMR) report earnings?

Palomar Holdings Inc (PLMR) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Palomar Holdings Inc (PLMR) earnings time?

Palomar Holdings Inc (PLMR) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PLMR EPS forecast?

PLMR EPS forecast for the fiscal quarter 2025 (Q3) is 1.53.

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