Filing Flows › Slide Insurance Holdings (SLDE) › Q2 2025
Slide Insurance Holdings (SLDE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
Slide Insurance Holdings (SLDE) reported revenue of $262M for the second quarter 2025 (Q2 2025), +25% from a year earlier and -7% from the quarter before. Operating margin was 36.8%, net earnings $70.1M (26.8% of revenue).
Slide Insurance Holdings, Q2 2025: revenue $262M (+25% year over year), operating margin 36.8%, net earnings $70.1M, operating cash flow $254M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $262M | -7% | +25% |
| Operating profit | $96.3M | -22% | +35% |
| Net earnings | $70.1M | -24% | +30% |
| Operating cash flow | $254M | +162% | — |
| Free cash flow | $253M | +163% | — |
What changed
Revenue was $261.6M in Q2 2025, up 25% year over year and down 7% from the previous quarter.
Operating profit was $96.3M, a 36.8% margin (up 2.6 points year over year). Of the extra revenue versus a year earlier, 47% reached operating profit, above the 34% margin then. Total costs grew 20% against revenue growth of 25%. The fastest-growing cost line was General & admin (+42%). Net earnings were $70.1M, up 30% year over year. The effective tax rate was 27.2%.
Operating cash flow was $253.6M, 362% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $177.5M. Capital expenditures of $908K left free cash flow of $252.7M.
Questions
What was Slide Insurance Holdings' revenue in the second quarter 2025?
Slide Insurance Holdings (SLDE) reported revenue of $262M for the second quarter 2025 (Q2 2025), +25% from a year earlier and -7% from the quarter before.
Was Slide Insurance Holdings profitable in the second quarter 2025?
Operating profit was $96.3M (36.8% of revenue) and net earnings $70.1M.