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| Date | Value |
|---|---|
| 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% |