Palomar Holdings (PLMR) Operating Expenses (2018 - 2026)
Palomar Holdings (PLMR) reported Operating Expenses of $225.5 million for Q1 2026, up 86.47% on a YoY basis from $120.9 million in Q1 2025, and up 24.78% quarter-over-quarter from $180.7 million in Q4 2025.
Palomar Holdings (PLMR) Operating Expenses (2018 - 2026) Analysis & Trends
Palomar Holdings has reported Operating Expenses for 9 years, with the latest figure at $225.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 86.47% year-over-year to $225.5 million; the trailing twelve-month figure through Mar 2026 stood at $727.1 million (up 65.48% YoY), and the FY2025 full-year result was $622.6 million, up 54.61% from the prior year.
- Operating Expenses for Q1 2026 stood at $225.5 million, 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.
- Historically, Operating Expenses has averaged $104.9 million across 5 years, with a median of $84.2 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 102.57% — and 2023, when it fell 12.05%.
- Palomar Holdings' Operating Expenses stood at $63.6 million in 2022, then climbed by 13.02% to $71.9 million in 2023, then soared by 54.02% to $110.8 million in 2024, then surged by 63.1% to $180.7 million in 2025, then climbed by 24.78% to $225.5 million in 2026.
- The last three Operating Expenses figures came in at $225.5 million (Q1 2026), $180.7 million (Q4 2025), and $177.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.78 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 9.81 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 13.83 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 3.07 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 2.54 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 3.10 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 3.08 Bn |
| 10 | Palomar Holdings | 2.88 Bn | 2.83 Bn | 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 |