---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-007844"
form_type: "8-K"
ticker: "PLMR"
cik: "0001761312"
company_name: "Palomar Holdings, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:23:58.085579+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palomar Q1 net income $17.3M ($0.68); gross premiums up 46% YoY

## Summary
- Net income $17.3M vs $14.5M YoY; adjusted net income $20.4M ($0.80 diluted EPS).
- Gross written premiums $250.1M (+46.3% YoY); combined ratio 77.9% (adj. 73.3%).
- Full-year 2023 adjusted net income guidance reaffirmed at $86M-$90M.
- Secured ~$188M incremental excess-of-loss reinsurance for earthquake book.
- Repurchased 134,680 shares for $6.8M; $58.8M remains under $100M authorization.

## SEC filing metadata
- accession: 0001558370-23-007844
- form_type: 8-K
- ticker: PLMR
- cik: 0001761312
- company_name: Palomar Holdings, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/0001558370-23-007844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/plmr-20230503x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-007844
- JSON: https://secwatch.observer/filing/0001558370-23-007844.json
- Plain text: https://secwatch.observer/filing/0001558370-23-007844.txt

## Key facts
- Earnings Releases
  Palomar Holdings, Inc. reported first quarter of 2022 results: net income net income of $14.5 million, EPS $0.56 per diluted share.
  - Period: first quarter of 2022
  - Net income: net income of $14.5 million
  - EPS: $0.56 per diluted share
  - Result: reported results
  source text: Palomar Holdings, Inc. Reports First Quarter 2023 Results ​ LA JOLLA, Calif. (May 3, 2023) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $17.3 million, or $0.68 per diluted share, for the first quarter of 2023 compared to net income of $14.5 million, or $0.56 per diluted share, for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/0001558370-23-007844-index.htm
- Earnings Releases
  Palomar Holdings, Inc. reported first quarter of 2023 results: net income net income of $17.3 million, EPS $0.68 per diluted share.
  - Period: first quarter of 2023
  - Net income: net income of $17.3 million
  - EPS: $0.68 per diluted share
  - Result: reported results
  source text: Palomar Holdings, Inc. Reports First Quarter 2023 Results ​ LA JOLLA, Calif. (May 3, 2023) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $17.3 million, or $0.68 per diluted share, for the first quarter of 2023 compared to net income of $14.5 million, or $0.56 per diluted share, for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/0001558370-23-007844-index.htm
- Earnings Releases
  Palomar Holdings, Inc. reported full year 2023 results: net income adjusted net income of $86 million to $90 million. Guidance reaffirmed.
  - Period: full year 2023
  - Net income: adjusted net income of $86 million to $90 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: For the full year 2023, the Company expects to achieve adjusted net income of $86 million to $90 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/0001558370-23-007844-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.