Slide Insurance Holdings Earnings Call Transcripts
Fiscal Year 2026
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Gross written premiums rose 16.7% to $508M and net income surged 92.4% to $134.9M year-over-year, with a combined ratio of 57.5%. Expansion into new states, robust reinsurance, and capital returns via buybacks and a new dividend highlight strong execution and outlook.
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Q1 2026 saw 49% premium growth and 51% net income growth, with a combined ratio of 55.5% and strong capital returns via share buybacks. Voluntary business and new state launches, especially California, are expected to drive topline acceleration in 2026.
Fiscal Year 2025
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Q4 2025 saw gross premiums written rise 57% year-over-year to $618.5M and net income more than double to $170.4M, with a combined ratio of 38%. 2026 guidance projects $1.85–$1.95B in gross premiums and $455–$470M net income, driven by geographic expansion and continued strong retention.
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Record Q3 results with gross premiums up 34% and net income surging to $111 million, driven by Citizens policy takeouts and organic growth. Loss and combined ratios improved sharply, and the company expanded its share repurchase program while preparing for further growth in new markets.
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Q2 2025 saw 25% growth in gross premiums and 30% higher net income, driven by disciplined underwriting and expansion. The company is set to assume 175,000 Citizens policies in Q4 and plans further state expansion, supported by a strong capital base.