Palomar Holdings (PLMR) Gross Margin (2018 - 2026)

Palomar Holdings (PLMR) reported Gross Margin of 68.78% for Q1 2026, down 904.0% on a YoY basis from 8.55% in Q1 2025, and up 13.41% quarter-over-quarter from 60.64% in Q4 2025.

Palomar Holdings (PLMR) Gross Margin (2018 - 2026) Analysis & Trends

Palomar Holdings has reported Gross Margin for 9 years, with the latest figure at 68.78% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 904.0% year-over-year to 68.78%; the trailing twelve-month figure through Mar 2026 stood at 68.79% (down 581.0% YoY), and the FY2025 full-year result was 71.52%, down 209.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 68.78%, up from 60.64% in the prior quarter.
  • The five-year high for Gross Margin was 82.06% in Q2 2022, with the low at 60.36% in Q3 2022.
  • Historically, Gross Margin has averaged 74.49% across 5 years, with a median of 76.85% in 2023.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 2084 bps — and 2025, when it tumbled 1370 bps.
  • Palomar Holdings' Gross Margin stood at 79.21% in 2022, then grew by 2 bps to 80.91% in 2023, then decreased by 8 bps to 74.34% in 2024, then slipped by 18 bps to 60.64% in 2025, then increased by 13 bps to 68.78% in 2026.
  • The last three Gross Margin figures came in at 68.78% (Q1 2026), 60.64% (Q4 2025), and 67.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 58.50%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 37.68%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 46.48%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 86.87%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 73.70%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 99.65%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn 67.14%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn -153.50%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 72.35%
10 Palomar Holdings 2.88 Bn 2.83 Bn 191.84 Mn 68.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 68.78%
Dec 31, 2025 60.64%
Sep 30, 2025 67.66%
Jun 30, 2025 77.28%
Mar 31, 2025 77.81%
Dec 31, 2024 74.34%
Sep 30, 2024 70.28%
Jun 30, 2024 75.11%
Mar 31, 2024 75.12%
Dec 31, 2023 80.91%
Sep 30, 2023 81.19%
Jun 30, 2023 78.46%
Mar 31, 2023 76.85%
Dec 31, 2022 79.21%
Sep 30, 2022 60.36%
Jun 30, 2022 82.06%
Mar 31, 2022 80.33%
Dec 31, 2021 82.82%
Sep 30, 2021 56.00%
Jun 30, 2021 86.65%