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% quarter-over-quarter from $180.7 million in Q4 2025.
Palomar Holdings (PLMR) Operating Expenses (2018 - 2026) Analysis & Trends
Palomar Holdings' Operating Expenses history runs 9 years deep, the most recent figure standing at $225.5 million for 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 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.
- The 5-year median for Operating Expenses is $84.2 million (2024), against an average of $104.9 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 102.57% in 2022, then declined 12.05% in 2023.
- 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.
- Business Quant data shows PLMR's Operating Expenses at $225.5 million in Q1 2026, $180.7 million in Q4 2025, and $177.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.01 Bn | 121.24 Bn | 9.13 Bn | 12.19 Bn |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn | 19.40 Bn |
| 3 | Travelers Companies | 79.46 Bn | 55.71 Bn | 4.83 Bn | 9.39 Bn |
| 4 | Allstate | 68.25 Bn | 29.52 Bn | 16.28 Bn | 14.45 Bn |
| 5 | Fairfax Financial Holdings | 35.31 Bn | 35.31 Bn | - | -134.80 Mn |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 2.70 Bn |
| 7 | Loews | 23.29 Bn | 995.49 Mn | 2.57 Bn | 4.12 Bn |
| 8 | Markel | 23.23 Bn | 6.35 Bn | 2.83 Bn | 3.63 Bn |
| 9 | Assurant | 14.11 Bn | 12.08 Bn | 2.71 Bn | 3.08 Bn |
| 10 | Palomar Holdings | 3.52 Bn | 3.40 Bn | 215.44 Mn | 244.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 244.62 Mn |
| 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 |