Palomar Holdings Inc. reported net income of USD 56.2 million, or USD 2.06 per diluted share, for the fourth quarter (Q4) of 2025. Adjusted net income for Q4 2025 was USD 61.1 million, or USD 2.24 per diluted share. Gross written premiums rose 31.8 percent to USD 492.6 million for the period. Net earned premiums increased 61.1 percent year-over-year. During the quarter, Palomar completed the acquisitions of Advanced Ag Protection and The Gray Casualty and Surety Company. The company also added multiple new leaders across its organization as part of its long-term growth strategy, referred to as the Palomar 2X initiative.

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