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
DateValue
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