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 down 10.57% quarter-over-quarter from 76.9% in Q4 2025.

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

Palomar Holdings' Gross Margin history runs 9 years deep, the most recent figure standing at 68.78% for Q1 2026.

  • In Q1 2026, Gross Margin fell 904.0% year-over-year to 68.78%; the TTM figure through Mar 2026 stood at 72.05% (down 302.0% YoY), while the FY2025 annual figure was 73.9%, down 177.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 68.78%, down from 76.9% in the prior quarter.
  • The five-year high for Gross Margin was 85.54% in Q4 2023, with the low at 60.36% in Q3 2022.
  • The 5-year median for Gross Margin is 76.85% (2023), against an average of 75.71%.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 2084 bps in 2023, then sank 1091 bps in 2024.
  • Palomar Holdings' Gross Margin stood at 80.16% in 2022, then advanced by 7 bps to 85.54% in 2023, then fell by 11 bps to 76.13% in 2024, then rose by 1 bps to 76.9% in 2025, then fell by 11 bps to 68.78% in 2026.
  • Business Quant data shows PLMR's Gross Margin at 68.78% in Q1 2026, 76.9% in Q4 2025, and 67.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Chubb 134.97 Bn 121.20 Bn 9.13 Bn 57.69%
2 Progressive 124.60 Bn 119.60 Bn 9.04 Bn 38.28%
3 Travelers Companies 79.42 Bn 55.67 Bn 4.83 Bn 44.93%
4 Allstate 67.72 Bn 28.98 Bn 16.28 Bn 87.55%
5 Fairfax Financial Holdings 35.39 Bn 35.39 Bn - -
6 Cincinnati Financial 26.76 Bn 24.87 Bn 2.39 Bn 55.85%
7 Loews 23.32 Bn 1.02 Bn 2.57 Bn 54.18%
8 Markel 23.26 Bn 6.38 Bn 2.83 Bn 70.46%
9 Assurant 14.14 Bn 12.10 Bn 2.71 Bn 78.34%
10 Palomar Holdings 3.53 Bn 3.41 Bn 215.44 Mn 68.52%

Historic Data

Download Data
DateValue
Jun 30, 2026 68.52%
Mar 31, 2026 68.78%
Dec 31, 2025 76.90%
Sep 30, 2025 67.66%
Jun 30, 2025 74.34%
Mar 31, 2025 77.81%
Dec 31, 2024 76.13%
Sep 30, 2024 70.28%
Jun 30, 2024 75.11%
Mar 31, 2024 75.12%
Dec 31, 2023 85.54%
Sep 30, 2023 81.19%
Jun 30, 2023 78.46%
Mar 31, 2023 76.85%
Dec 31, 2022 80.16%
Sep 30, 2022 60.36%
Jun 30, 2022 82.06%
Mar 31, 2022 80.33%
Dec 31, 2021 85.01%
Sep 30, 2021 57.92%