Palomar Holdings Inc
NASDAQ:PLMR
Income Statement
Income Statement
Palomar Holdings Inc
| Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Interest Expense |
2
|
2
|
3
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
4
|
3
|
3
|
2
|
1
|
0
|
0
|
0
|
|
| Gross Premiums Earned |
72
|
73
|
78
|
89
|
103
|
119
|
136
|
150
|
158
|
171
|
186
|
208
|
237
|
266
|
293
|
306
|
321
|
328
|
330
|
337
|
349
|
374
|
413
|
463
|
513
|
570
|
629
|
719
|
|
| Revenue |
73
N/A
|
77
+5%
|
83
+8%
|
94
+14%
|
113
+20%
|
129
+14%
|
146
+13%
|
161
+10%
|
169
+5%
|
180
+7%
|
194
+8%
|
217
+12%
|
248
+14%
|
277
+12%
|
299
+8%
|
312
+4%
|
327
+5%
|
338
+3%
|
349
+3%
|
359
+3%
|
376
+5%
|
405
+8%
|
446
+10%
|
504
+13%
|
554
+10%
|
610
+10%
|
674
+10%
|
767
+14%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(53)
|
(76)
|
(80)
|
(85)
|
(94)
|
(81)
|
(92)
|
(138)
|
(162)
|
(169)
|
(183)
|
(184)
|
(191)
|
(220)
|
(239)
|
(247)
|
(259)
|
(265)
|
(270)
|
(261)
|
(269)
|
(286)
|
(318)
|
(362)
|
(401)
|
(438)
|
(484)
|
(551)
|
|
| Benefits Claims Loss Adjustment |
(24)
|
(49)
|
(51)
|
(52)
|
(57)
|
(38)
|
(43)
|
(81)
|
(98)
|
(98)
|
(105)
|
(97)
|
(95)
|
(116)
|
(129)
|
(136)
|
(148)
|
(157)
|
(165)
|
(155)
|
(161)
|
(173)
|
(194)
|
(224)
|
(252)
|
(275)
|
(305)
|
(357)
|
|
| Policy Acquisition Expense |
(28)
|
(27)
|
(29)
|
(33)
|
(37)
|
(43)
|
(49)
|
(57)
|
(64)
|
(70)
|
(78)
|
(86)
|
(95)
|
(104)
|
(110)
|
(111)
|
(111)
|
(108)
|
(106)
|
(106)
|
(108)
|
(114)
|
(124)
|
(138)
|
(150)
|
(164)
|
(180)
|
(195)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
|
| Operating Income |
21
N/A
|
1
-97%
|
2
+259%
|
10
+298%
|
19
+97%
|
48
+152%
|
54
+13%
|
23
-58%
|
6
-73%
|
11
+80%
|
11
+2%
|
33
+193%
|
57
+72%
|
56
-2%
|
59
+5%
|
64
+9%
|
68
+6%
|
73
+7%
|
79
+8%
|
99
+25%
|
107
+9%
|
115
+7%
|
124
+8%
|
134
+8%
|
146
+9%
|
171
+17%
|
190
+11%
|
218
+15%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
1
|
2
|
5
|
5
|
(1)
|
7
|
8
|
|
| Pre-Tax Income |
18
N/A
|
(2)
N/A
|
(0)
+95%
|
8
N/A
|
18
+132%
|
48
+162%
|
54
+14%
|
23
-58%
|
6
-73%
|
11
+80%
|
11
+2%
|
33
+193%
|
57
+71%
|
56
-2%
|
59
+5%
|
64
+9%
|
68
+6%
|
71
+5%
|
76
+7%
|
95
+26%
|
104
+9%
|
115
+11%
|
126
+9%
|
140
+11%
|
151
+8%
|
171
+13%
|
197
+16%
|
226
+15%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
0
|
(0)
|
(2)
|
(3)
|
(6)
|
(10)
|
(11)
|
(4)
|
0
|
(0)
|
0
|
(6)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(23)
|
(24)
|
(27)
|
(29)
|
(31)
|
(34)
|
(36)
|
(42)
|
(50)
|
|
| Income from Continuing Operations |
18
|
(2)
|
(2)
|
5
|
12
|
38
|
43
|
19
|
6
|
11
|
11
|
27
|
46
|
44
|
46
|
50
|
52
|
55
|
58
|
72
|
79
|
88
|
96
|
109
|
118
|
134
|
155
|
176
|
|
| Net Income (Common) |
18
N/A
|
(2)
N/A
|
(2)
-13%
|
4
N/A
|
11
+174%
|
37
+247%
|
42
+14%
|
19
-55%
|
6
-67%
|
11
+76%
|
11
+3%
|
27
+139%
|
46
+67%
|
44
-4%
|
46
+5%
|
50
+9%
|
52
+4%
|
55
+5%
|
58
+5%
|
72
+24%
|
79
+10%
|
88
+11%
|
96
+9%
|
109
+13%
|
118
+8%
|
134
+14%
|
155
+16%
|
176
+14%
|
|
| EPS (Diluted) |
0.81
N/A
|
-0.1
N/A
|
-0.09
+10%
|
0.16
N/A
|
0.48
+200%
|
1.48
+208%
|
1.68
+14%
|
0.74
-56%
|
0.24
-68%
|
0.42
+75%
|
0.43
+2%
|
1.04
+142%
|
1.76
+69%
|
1.68
-5%
|
1.78
+6%
|
1.94
+9%
|
2.02
+4%
|
2.15
+6%
|
2.27
+6%
|
2.85
+26%
|
3.13
+10%
|
3.48
+11%
|
3.76
+8%
|
4.09
+9%
|
4.48
+10%
|
4.89
+9%
|
5.6
+15%
|
6.41
+14%
|
|