Pelagos Insurance Capital (PLGO) Operating Expenses (2022 - 2026)
Pelagos Insurance Capital's (PLGO) quarterly Operating Expenses came in at $507.5 million in Q1 2026, down 28.39% YoY from $708.7 million in Q1 2025, and up 10.81% on a QoQ basis from $458.0 million in Q4 2025.
Pelagos Insurance Capital (PLGO) Operating Expenses (2022 - 2026) Analysis & Trends
Pelagos Insurance Capital (PLGO) has 5 years of Operating Expenses data on file, last reported at $507.5 million in Q1 2026.
- Quarterly Operating Expenses fell 28.39% year-over-year to $507.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (down 21.18% YoY) and the FY2025 annual result came in at $2.2 billion, down 2.57% from the prior year.
- Operating Expenses advanced to $507.5 million in Q1 2026, from $458.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $813.3 million in Q4 2024 to a low of $294.2 million in Q4 2022.
- A 5-year average of $481.3 million and a median of $467.6 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 90.07% — and 2025, when it plunged 43.69%.
- Tracing PLGO's Operating Expenses over 5 years: stood at $294.2 million in 2022, then jumped by 45.45% to $427.9 million in 2023, then jumped by 90.07% to $813.3 million in 2024, then sank by 43.69% to $458.0 million in 2025, then rose by 10.81% to $507.5 million in 2026.
- The last three Operating Expenses figures came in at $507.5 million (Q1 2026), $458.0 million (Q4 2025), and $491.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,070.84 Bn | 743.86 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Sun Life Financial | 43.38 Bn | 32.15 Bn | - | 1.71 Bn |
| 3 | American International | 40.15 Bn | 2.33 Bn | 3.50 Bn | 5.82 Bn |
| 4 | Hartford Insurance | 37.52 Bn | 21.20 Bn | 3.18 Bn | 6.03 Bn |
| 5 | Arch Capital | 34.10 Bn | 32.99 Bn | 2.47 Bn | 3.49 Bn |
| 6 | Aegon | 28.26 Bn | 28.26 Bn | - | - |
| 7 | Pelagos Insurance Capital | 2.02 Bn | 1.57 Bn | 357.40 Mn | 597.10 Mn |
| 8 | Exzeo | 1.42 Bn | 1.29 Bn | 36.84 Mn | 8.38 Mn |
| 9 | International General Insurance Holdings | 1.14 Bn | 901.84 Mn | -5.60 Mn | 23.10 Mn |
| 10 | Waterdrop | 359.74 Mn | 230.42 Mn | 109.06 Mn | -168.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 597.10 Mn |
| Mar 31, 2026 | 507.50 Mn |
| Dec 31, 2025 | 458.00 Mn |
| Sep 30, 2025 | 491.10 Mn |
| Jun 30, 2025 | 567.10 Mn |
| Mar 31, 2025 | 708.70 Mn |
| Dec 31, 2024 | 813.30 Mn |
| Sep 30, 2024 | 568.20 Mn |
| Jun 30, 2024 | 477.20 Mn |
| Mar 31, 2024 | 424.90 Mn |
| Dec 31, 2023 | 427.90 Mn |
| Sep 30, 2023 | 441.90 Mn |
| Jun 30, 2023 | 362.20 Mn |
| Mar 31, 2023 | 317.00 Mn |
| Dec 31, 2022 | 294.20 Mn |
| Sep 30, 2022 | 528.00 Mn |
| Jun 30, 2022 | 313.90 Mn |