Pelagos Insurance Capital (PLGO) Gross Margin (2022 - 2026)

Pelagos Insurance Capital (PLGO) reported Gross Margin of 63.35% for Q1 2026, up 2854.0% on a YoY basis from 2.14% in Q1 2025, and down 8.87% quarter-over-quarter from 69.51% in Q4 2025.

Pelagos Insurance Capital (PLGO) Gross Margin (2022 - 2026) Analysis & Trends

Pelagos Insurance Capital has reported Gross Margin for 5 years, with the latest figure at 63.35% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 2854.0% year-over-year to 63.35%; the trailing twelve-month figure through Mar 2026 stood at 63.94% (up 1877.0% YoY), and the FY2025 full-year result was 56.42%, up 418.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 63.35%, down from 69.51% in the prior quarter.
  • The five-year high for Gross Margin was 92.22% in Q1 2023, with the low at 18.7% in Q3 2022.
  • Historically, Gross Margin has averaged 57.88% across 5 years, with a median of 64.64% in 2023.
  • Annual changes were most pronounced in 2024 — Gross Margin plunged 4197 bps — and 2025, when it jumped 4565 bps.
  • Pelagos Insurance Capital's Gross Margin 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 American International 40.67 Bn 1.84 Bn 2.60 Bn 42.77%
2 Hartford Insurance 35.76 Bn 26.70 Bn 2.15 Bn 34.94%
3 Arch Capital 32.37 Bn 31.45 Bn 4.02 Bn 88.98%
4 Brookfield Wealth Solutions 10.12 Bn -3.04 Bn 4.62 Bn 151.38%
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn 99.91%
7 Waterdrop 718.73 Mn 647.38 Mn 129.34 Mn 64.09%
8 Sun Life Financial 46.86 Mn -8.02 Bn - -
9 Exzeo 1.18 Mn -230.21 Mn 32.74 Mn 58.96%
10 Pelagos Insurance Capital - - 386.80 Mn 63.35%

Historic Data

Download Data
DateValue
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%