Jun 2026 (Q2 FY26) — Aug 5, 2026
Palomar Holdings Q2 FY26 — Record Adjusted Net Income & Increased Full-Year Guidance
Read the full callPalomar Holdings earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 314 | +54.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 52.6 | +13.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $119.48 on 14 Oct 2025 → $137.61. High $145.29 (7 Jul 2026), low $101.42 (3 Jun 2026).
Overview
Call summaries
Palomar Holdings Q2 FY26 — Record Adjusted Net Income & Increased Full-Year Guidance
Read the full callEvery analysed call
Financials
Net profit, year on year: +13% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 149 | 156 | 175 | 203 | 245 | 253 | 279 | 314 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 |
| Profit before tax | 39 | 45 | 54 | 60 | 67 | 73 | 53 | 70 |
| Tax rate | 20.8% | 22.2% | 20.1% | 22.3% | 23.4% | 22.7% | 19.7% | 24.7% |
| Net profit | 30 | 35 | 43 | 47 | 51 | 56 | 43 | 53 |
| EPS ($ per share) | 1.18 | — | 1.61 | 1.74 | 1.93 | — | 1.62 | 2 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 28 | 34 | 40 | 70 | 88 | 145 | 262 | 422 |
| Total liabilities | 135 | 177 | 365 | 532 | 922 | 1,237 | 1,533 | 2,108 |
| Fixed assets | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 3 |
| Total assets | 231 | 395 | 729 | 926 | 1,306 | 1,708 | 2,262 | 3,051 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 23 | 45 | 57 | 88 | 170 | 116 | 261 | 409 |
| Cash from investing | -25 | -83 | -185 | -58 | -157 | -128 | -306 | -354 |
| Cash from financing | 2 | 62 | 128 | -13 | 5 | -4 | 74 | -29 |
| Net cash flow | -1 | 23 | 0 | 17 | 18 | -16 | 29 | 26 |
| Capital expenditure | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Free cash flow | 22 | 44 | 57 | 88 | 169 | 116 | 261 | 409 |
154 filings between Oct 21, 2025 and Sep 21, 2026.
Purchases
$135
1 purchase by 1 insider
Sales
$22.01M
93 sales by 7 insiders
57% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Armstrong Mac | — | $17.23M | Sep 21, 2026 |
| Christianson Jon | — | $2.94M | Aug 18, 2026 |
| Uchida T Christopher | — | $872.6K | Aug 18, 2026 |
| Knutzen Jonathan | — | $408.2K | Aug 18, 2026 |
| Grant Angela L. | — | $253.6K | Jan 31, 2026 |
| Herve Rodolphe | — | $215.2K | Jul 31, 2026 |
| Carter Timothy | — | $90.7K | Jun 28, 2026 |
| Bradley Daryl | $135 | — | Sep 2, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 1,400 | $189.8K |
| Sep 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 2,100 | $282.7K |
| Sep 2, 2026 | Bradley Daryl Director | Purchase | 1 | $135 |
| Aug 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 792 | $104.0K |
| Aug 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 369 | $47.8K |
| Aug 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 2,339 | $305.2K |
| Aug 18, 2026 | Uchida T Christopher Chief Financial Officer | Option exercise | 1,530 | $0 |
| Aug 18, 2026 | Christianson Jon President | Sale | 528 | $67.5K |
| Aug 18, 2026 | Uchida T Christopher Chief Financial Officer | Sale | 791 | $101.0K |
| Aug 18, 2026 | Knutzen Jonathan Chief Risk Officer | Sale | 296 | $37.8K |
| Aug 18, 2026 | Knutzen Jonathan Chief Risk Officer | Option exercise | 612 | $0 |
| Aug 18, 2026 | Christianson Jon President | Option exercise | 1,020 | $0 |
| Jul 31, 2026 | Herve Rodolphe Chief Operating Officer | Sale | 818 | $110.7K |
| Jul 31, 2026 | Herve Rodolphe Chief Operating Officer | Sale | 389 | $52.7K |
| Jul 31, 2026 | Herve Rodolphe Chief Operating Officer | Option exercise | 1,077 | $0 |
| Jul 31, 2026 | Herve Rodolphe Chief Operating Officer | Option exercise | 1,991 | $0 |
| Jul 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 2,103 | $287.5K |
| Jul 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 200 | $27.9K |
| Jul 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 260 | $36.0K |
| Jul 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 937 | $129.1K |
| Jul 20, 2026 | Christianson Jon President | Option exercise 10b5-1 plan | 3,000 | $262.5K |
| Jul 20, 2026 | Christianson Jon President | Sale 10b5-1 plan | 3,000 | $418.5K |
| Jul 15, 2026 | Armstrong Mac CEO and Chairman | Sale | 57,544 | $7.58M |
| Jul 15, 2026 | Armstrong Mac CEO and Chairman | Option exercise | 6,250 | $0 |
| Jul 15, 2026 | Armstrong Mac CEO and Chairman | Option exercise | 112,500 | $0 |
| Jul 15, 2026 | Armstrong Mac CEO and Chairman | Sale | 3,197 | $420.9K |
| Jul 2, 2026 | Christianson Jon President | Option exercise 10b5-1 plan | 2,434 | $120.6K |
| Jul 2, 2026 | Christianson Jon President | Sale 10b5-1 plan | 4,429 | $617.8K |
| Jul 2, 2026 | Christianson Jon President | Option exercise 10b5-1 plan | 4,429 | $387.6K |
| Jul 2, 2026 | Christianson Jon President | Sale 10b5-1 plan | 2,434 | $339.5K |
| Jun 28, 2026 | Carter Timothy Chief People Officer | Option exercise | 820 | $0 |
| Jun 28, 2026 | Carter Timothy Chief People Officer | Sale | 180 | $22.4K |
| Jun 28, 2026 | Carter Timothy Chief People Officer | Sale | 300 | $37.3K |
| Jun 28, 2026 | Carter Timothy Chief People Officer | Option exercise | 492 | $0 |
| Jun 22, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 2,005 | $226.0K |
| Jun 22, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 1,495 | $169.4K |
| Jun 2, 2026 | Notaras Martha Director | Option exercise | 1,722 | $100.0K |
| May 21, 2026 | BEISER SCOTT L Director | Award | 869 | $0 |
| May 21, 2026 | Fallon Catriona M. Director | Award | 1,304 | $0 |
| May 21, 2026 | Taketa Richard H Director | Award | 1,304 | $0 |
| May 21, 2026 | Notaras Martha Director | Award | 1,304 | $0 |
| May 21, 2026 | Middleton Daina Director | Award | 1,304 | $0 |
| May 21, 2026 | BRADLEY THOMAS A Director | Award | 1,304 | $0 |
| May 21, 2026 | Bradley Daryl Director | Award | 1,304 | $0 |
| May 21, 2026 | BEISER SCOTT L Director | Award | 1,304 | $0 |
| May 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 2,172 | $249.1K |
| May 21, 2026 | Armstrong Mac CEO and Chairman | Sale 10b5-1 plan | 1,328 | $151.3K |
| May 18, 2026 | Knutzen Jonathan Chief Risk Officer | Option exercise | 612 | $0 |
| May 18, 2026 | Uchida T Christopher Chief Financial Officer | Sale | 783 | $90.2K |
| May 18, 2026 | Uchida T Christopher Chief Financial Officer | Option exercise | 1,530 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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