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How Palomar Holdings (PLMR) makes money

Palomar Holdings (PLMR) made $387M of revenue in the third quarter 2026 (Q3 2026), +58% from a year earlier. Of every dollar of revenue, 22¢ was left as operating profit, 17¢ was left as net earnings.

Drawing the Sankey…

Palomar Holdings revenue by quarterPalomar Holdings revenue by quarter$175MQ1 2025$203MQ2 2025$245MQ3 2025$253MQ4 2025$279MQ1 2026$314MQ2 2026$387MQ3 2026
Palomar Holdings: where each dollar of revenue goesPalomar Holdings: where each dollar of revenue goesOperating profit22¢Income tax5¢Net earnings17¢Operating cash flow31¢Free cash flow31¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$387M100.0%
Operating profit$84.7M21.9%
Income tax$19.4M5.0%
Net earnings$65.3M16.9%
Operating cash flow$121M31.2%
Free cash flow$120M31.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$387M+58%
Q2 2026$314M+55%
Q1 2026$279M+60%
Q4 2025$253M+63%
Q3 2025$245M+65%
Q2 2025$203M+55%
Q1 2025$175M+47%

From Palomar Holdings' 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Palomar Holdings make money?

Palomar Holdings (PLMR) made $387M of revenue in the third quarter 2026 (Q3 2026), +58% from a year earlier. Of every dollar of revenue, 22¢ was left as operating profit, 17¢ was left as net earnings.

What is Palomar Holdings' profit margin?

Net earnings were $65.3M, 16.9% of revenue, in the third quarter 2026; the operating margin was 21.9%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.