Filing Flows › Slide Insurance Holdings (SLDE) › Q3 2025
Slide Insurance Holdings (SLDE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Slide Insurance Holdings (SLDE) reported revenue of $266M for the third quarter 2025 (Q3 2025), +33% from a year earlier and +2% from the quarter before. Operating margin was 55.3%, net earnings $111M (41.8% of revenue).
Slide Insurance Holdings, Q3 2025: revenue $266M (+33% year over year), operating margin 55.3%, net earnings $111M, operating cash flow $25.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $266M | +2% | +33% |
| Operating profit | $147M | +53% | +503% |
| Net earnings | $111M | +58% | +531% |
| Operating cash flow | $25.3M | -90% | -79% |
| Free cash flow | $24.5M | -90% | -79% |
What changed
Revenue was $265.7M in Q3 2025, up 33% year over year and up 2% from the previous quarter.
Operating profit was $147.0M, a 55.3% margin (up 43.2 points year over year). Of the extra revenue versus a year earlier, 187% reached operating profit, above the 12% margin then. Total costs fell 32% while revenue rose 33%. The fastest-growing cost line was General & admin (+18%). Net earnings were $111.0M, up 531% year over year. The effective tax rate was 24.5%.
Operating cash flow was $25.3M (down 79% year over year), 23% of net earnings. Non-cash charges added back $3.1M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $91.8M. Capital expenditures of $818K left free cash flow of $24.5M.
Questions
What was Slide Insurance Holdings' revenue in the third quarter 2025?
Slide Insurance Holdings (SLDE) reported revenue of $266M for the third quarter 2025 (Q3 2025), +33% from a year earlier and +2% from the quarter before.
Was Slide Insurance Holdings profitable in the third quarter 2025?
Operating profit was $147M (55.3% of revenue) and net earnings $111M.