Pelagos Insurance Capital (PLGO) Operating Expenses (2022 - 2026)
Pelagos Insurance Capital (PLGO) reported Operating Expenses of $507.5 million for Q1 2026, down 28.39% on a YoY basis from $708.7 million in Q1 2025, and up 10.81% quarter-over-quarter from $458.0 million in Q4 2025.
Pelagos Insurance Capital (PLGO) Operating Expenses (2022 - 2026) Analysis & Trends
Pelagos Insurance Capital has reported Operating Expenses for 5 years, with the latest figure at $507.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 28.39% year-over-year to $507.5 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (down 21.18% YoY), and the FY2025 full-year result was $2.2 billion, down 2.57% from the prior year.
- Operating Expenses for Q1 2026 stood at $507.5 million, up from $458.0 million in the prior quarter.
- The five-year high for Operating Expenses was $813.3 million in Q4 2024, with the low at $294.2 million in Q4 2022.
- Historically, Operating Expenses has averaged $481.3 million across 5 years, with a median of $467.6 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 90.07% — and 2025, when it plunged 43.69%.
- Pelagos Insurance Capital's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 40.67 Bn | 1.84 Bn | 2.60 Bn | 5.66 Bn |
| 2 | Hartford Insurance | 35.76 Bn | 26.70 Bn | 2.15 Bn | 6.17 Bn |
| 3 | Arch Capital | 32.37 Bn | 31.45 Bn | 4.02 Bn | 3.41 Bn |
| 4 | Brookfield Wealth Solutions | 10.12 Bn | -3.04 Bn | 4.62 Bn | -384.00 Mn |
| 5 | FIHL | 2.04 Bn | 2.04 Bn | - | - |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 111.10 Mn | -25.60 Mn |
| 7 | Waterdrop | 718.73 Mn | 647.38 Mn | 129.34 Mn | -189.81 Mn |
| 8 | Sun Life Financial | 46.86 Mn | -8.02 Bn | - | - |
| 9 | Exzeo | 1.18 Mn | -230.21 Mn | 32.74 Mn | 7.67 Mn |
| 10 | Pelagos Insurance Capital | - | - | 386.80 Mn | 507.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |