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

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

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

Palomar Holdings (PLMR) has reported Gross Margin for 9 consecutive years, with 68.78% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 904.0% year-over-year to 68.78%; the TTM figure through Mar 2026 stood at 68.79% (down 581.0% YoY), while the FY2025 annual figure was 71.52%, down 209.0% from the prior year.
  • Gross Margin came in at 68.78% for Q1 2026 at Palomar Holdings, 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.
  • Average Gross Margin over 5 years is 74.49%, with a median of 76.85% recorded in 2023.
  • Across the five-year window, Gross Margin surged 2084 bps in 2023 and plunged 1370 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 79.21% in 2022, then advanced by 2 bps to 80.91% in 2023, then fell by 8 bps to 74.34% in 2024, then retreated by 18 bps to 60.64% in 2025, then climbed by 13 bps to 68.78% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 68.78%, 60.64%, and 67.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 67.14%
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 37.68%
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 58.50%
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 99.65%
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 46.48%
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 86.87%
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn -153.50%
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 39.99%
10 Palomar Holdings 401,070.01 -56.14 Mn 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%