Palomar Holdings (PLMR) Operating Expenses (2018 - 2026)
Palomar Holdings (PLMR) posted quarterly Operating Expenses of $225.5 million for Q1 2026, up 86.47% year-over-year from $120.9 million in Q1 2025, and up 24.78% on a QoQ basis from $180.7 million in Q4 2025.
Palomar Holdings (PLMR) Operating Expenses (2018 - 2026) Analysis & Trends
Palomar Holdings (PLMR) has reported Operating Expenses for 9 consecutive years, with $225.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 86.47% year-over-year to $225.5 million; the TTM figure through Mar 2026 stood at $727.1 million (up 65.48% YoY), while the FY2025 annual figure was $622.6 million, up 54.61% from the prior year.
- Operating Expenses came in at $225.5 million for Q1 2026 at Palomar Holdings, up from $180.7 million in the prior quarter.
- The five-year high for Operating Expenses was $225.5 million in Q1 2026, with the low at $59.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $104.9 million, with a median of $84.2 million recorded in 2024.
- Across the five-year window, Operating Expenses surged 102.57% in 2022 and slipped 12.05% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $63.6 million in 2022, then gained by 13.02% to $71.9 million in 2023, then jumped by 54.02% to $110.8 million in 2024, then soared by 63.1% to $180.7 million in 2025, then gained by 24.78% to $225.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $225.5 million, $180.7 million, and $177.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 3.10 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 11.78 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 2.54 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 9.81 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 13.83 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -108.20 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 17.90 Mn |
| 10 | Palomar Holdings | 401,070.01 | -56.14 Mn | 191.84 Mn | 225.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 225.48 Mn |
| Dec 31, 2025 | 180.71 Mn |
| Sep 30, 2025 | 177.52 Mn |
| Jun 30, 2025 | 143.43 Mn |
| Mar 31, 2025 | 120.92 Mn |
| Dec 31, 2024 | 110.80 Mn |
| Sep 30, 2024 | 110.00 Mn |
| Jun 30, 2024 | 97.70 Mn |
| Mar 31, 2024 | 84.18 Mn |
| Dec 31, 2023 | 71.93 Mn |
| Sep 30, 2023 | 66.40 Mn |
| Jun 30, 2023 | 67.38 Mn |
| Mar 31, 2023 | 66.57 Mn |
| Dec 31, 2022 | 63.65 Mn |
| Sep 30, 2022 | 75.49 Mn |
| Jun 30, 2022 | 61.37 Mn |
| Mar 31, 2022 | 59.03 Mn |
| Dec 31, 2021 | 51.78 Mn |
| Sep 30, 2021 | 67.54 Mn |
| Jun 30, 2021 | 42.20 Mn |