Pelagos Insurance Capital (PLGO) Gross Margin (2022 - 2026)
Pelagos Insurance Capital's (PLGO) quarterly Gross Margin came in at 63.35% in Q1 2026, up 2854.0% YoY from 2.14% in Q1 2025, and down 8.87% on a QoQ basis from 69.51% in Q4 2025.
Pelagos Insurance Capital (PLGO) Gross Margin (2022 - 2026) Analysis & Trends
Pelagos Insurance Capital (PLGO) has 5 years of Gross Margin data on file, last reported at 63.35% in Q1 2026.
- Quarterly Gross Margin rose 2854.0% year-over-year to 63.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 63.94% (up 1877.0% YoY) and the FY2025 annual result came in at 56.42%, up 418.0% from the prior year.
- Gross Margin declined to 63.35% in Q1 2026, from 69.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 92.22% in Q1 2023 to a low of 18.7% in Q3 2022.
- A 5-year average of 57.88% and a median of 64.64% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin plunged 4197 bps — and 2025, when it jumped 4565 bps.
- Tracing PLGO's Gross Margin over 5 years: stood at 72.11% in 2022, then slipped by 9 bps to 65.83% in 2023, then plunged by 64 bps to 23.86% in 2024, then soared by 191 bps to 69.51% in 2025, then decreased by 9 bps to 63.35% in 2026.
- The last three Gross Margin figures came in at 63.35% (Q1 2026), 69.51% (Q4 2025), and 72.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,068.88 Bn | 741.90 Bn | 55.86 Bn | 54.87% |
| 2 | Sun Life Financial | 43.75 Bn | 32.52 Bn | - | - |
| 3 | American International | 40.40 Bn | 2.58 Bn | 3.50 Bn | 49.41% |
| 4 | Hartford Insurance | 37.18 Bn | 20.87 Bn | 3.18 Bn | 43.81% |
| 5 | Arch Capital | 34.10 Bn | 32.99 Bn | 2.47 Bn | 52.96% |
| 6 | Aegon | 28.00 Bn | 28.00 Bn | - | - |
| 7 | Pelagos Insurance Capital | 2.03 Bn | 1.58 Bn | 357.40 Mn | 54.98% |
| 8 | Exzeo | 1.50 Bn | 1.36 Bn | 36.84 Mn | 63.75% |
| 9 | International General Insurance Holdings | 1.15 Bn | 917.64 Mn | -5.60 Mn | -32.00% |
| 10 | Waterdrop | 359.74 Mn | 230.42 Mn | 109.06 Mn | 60.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 54.98% |
| Mar 31, 2026 | 63.35% |
| Dec 31, 2025 | 69.51% |
| Sep 30, 2025 | 72.28% |
| Jun 30, 2025 | 49.65% |
| Mar 31, 2025 | 34.81% |
| Dec 31, 2024 | 23.86% |
| Sep 30, 2024 | 65.34% |
| Jun 30, 2024 | 58.77% |
| Mar 31, 2024 | 64.94% |
| Dec 31, 2023 | 65.83% |
| Sep 30, 2023 | 64.33% |
| Jun 30, 2023 | 65.07% |
| Mar 31, 2023 | 92.22% |
| Dec 31, 2022 | 72.11% |
| Sep 30, 2022 | 18.70% |
| Jun 30, 2022 | 45.35% |