Palomar Holdings, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Palomar Holdings, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $875.97M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $553.86M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $375.93M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $327.09M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $247.79M | Feb 23, 2024 |
| FY2020 | Dec 31, 2020 | $42.30M | Mar 9, 2021 |
| FY2020 | Sep 30, 2020 | $45.00M | Mar 9, 2021 |
| FY2020 | Jun 30, 2020 | $43.15M | Mar 9, 2021 |
| FY2020 | Mar 31, 2020 | $38.02M | Mar 9, 2021 |
| FY2020 | Dec 31, 2019 | $34.62M | Mar 9, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $197.07M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $117.57M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $79.20M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $52.17M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $45.85M | Feb 23, 2024 |
| FY2020 | Dec 31, 2020 | ($1.85M) | Mar 9, 2021 |
| FY2020 | Sep 30, 2020 | ($15.68M) | Mar 9, 2021 |
| FY2020 | Jun 30, 2020 | $12.01M | Mar 9, 2021 |
| FY2020 | Mar 31, 2020 | $11.78M | Mar 9, 2021 |
| FY2020 | Dec 31, 2019 | $10.88M | Mar 9, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $409.12M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $261.16M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $116.11M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $169.58M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $87.81M | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | $57.49M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $44.51M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $22.81M | Mar 9, 2021 |
| FY2019 | Dec 31, 2017 | $20.25M | Feb 28, 2020 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $137.0K | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $243.0K | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $15.0K | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $313.0K | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $18.0K | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | $132.0K | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $115.0K | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $332.0K | Mar 9, 2021 |
| FY2019 | Dec 31, 2017 | $68.0K | Feb 28, 2020 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.05B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $2.26B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $1.71B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $1.31B | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $925.73M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $729.09M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $395.46M | Mar 9, 2021 |
| FY2019 | Dec 31, 2018 | $231.13M | Feb 28, 2020 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.11B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $1.53B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $1.24B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $921.70M | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $531.57M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $365.38M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $176.91M | Mar 9, 2021 |
| FY2019 | Dec 31, 2018 | $134.84M | Feb 28, 2020 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $942.67M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $729.03M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $471.25M | Feb 24, 2026 |
| FY2025 | Dec 31, 2022 | $384.75M | Feb 24, 2026 |
| FY2022 | Dec 31, 2021 | $394.17M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $363.71M | Feb 25, 2022 |
| FY2021 | Dec 31, 2019 | $218.56M | Feb 25, 2022 |
| FY2021 | Dec 31, 2018 | $96.29M | Feb 25, 2022 |
| FY2020 | Dec 31, 2017 | $78.41M | Mar 9, 2021 |
| FY2019 | Dec 31, 2016 | $73.11M | Feb 28, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $30.47M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $3.76M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $3.76M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $0 | Feb 23, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $422.00M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $262.22M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $144.64M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $87.71M | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $69.95M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $39.96M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $33.86M | Mar 9, 2021 |
| FY2019 | Dec 31, 2018 | $28.36M | Feb 28, 2020 |
| FY2019 | Jan 1, 2018 | $3.20M | Feb 28, 2020 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $106.88M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $80.44M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $51.55M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $68.11M | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $50.28M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $33.54M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $33.12M | Mar 9, 2021 |
| FY2019 | Dec 31, 2018 | $9.53M | Feb 28, 2020 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7 | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 4 | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | 3 | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | 2 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Feb 23, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Mar 31, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Mar 9, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7 | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 4 | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | 3 | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | 2 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Feb 23, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Mar 31, 2020 | 0 | Mar 9, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Mar 9, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 26.52M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 26.53M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | 24.77M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | 25.03M | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | 25.43M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | 25.53M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 23.47M | Mar 9, 2021 |
| FY2019 | Dec 31, 2018 | 17.00M | Feb 28, 2020 |