STOCK TITAN

Slide Insurance (Nasdaq: SLDE) Q2 net income up 92.4% to $134.9M

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Slide Insurance Holdings, Inc. reported strong second quarter 2026 results, with gross premiums written up 16.7% to $508.0 million and total revenue up 47.9% to $386.8 million versus the prior-year period. Net premiums earned rose to $360.6 million.

Net income increased 92.4% year-over-year to $134.9 million, and diluted EPS was $1.06. The loss ratio improved to 30.2% and the combined ratio to 57.6% from 67.4%, reflecting better loss experience and operating leverage. Return on equity for the quarter was 11.7%.

For the first half of 2026, revenue reached $776.1 million and net income $274.4 million. Total assets were $3.60 billion and shareholders’ equity $1.19 billion as of June 30, 2026. The company repurchased 2,997,980 shares at $17.95, declared an initial $0.07 quarterly dividend, and reaffirmed 2026 guidance for $1.85–$1.95 billion in gross written premiums and $455–$470 million in net income.

Positive

  • Net income up 92.4% year-over-year to $134.9 million in Q2 2026, with diluted EPS of $1.06 and combined ratio improving to 57.6%, indicating very strong underwriting profitability.
  • Total revenue grew 47.9% to $386.8 million while gross premiums written rose 16.7% to $508.0 million, driven by voluntary homeowners growth and renewals of acquired Citizens policies.
  • Capital returns strengthened as Slide repurchased 2,997,980 shares at $17.95, initiated a quarterly dividend of $0.07 per share, and reaffirmed 2026 net income guidance of $455–$470 million.

Negative

  • None.

Insights

Analyzing...

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Total revenue Q2 2026 $386.8 million Three months ended June 30, 2026; up 47.9% year-over-year
Net income Q2 2026 $134.9 million Three months ended June 30, 2026; up 92.4% year-over-year
Diluted EPS Q2 2026 $1.06 Diluted earnings per share for the second quarter of 2026
Combined ratio Q2 2026 57.6% Improved from 67.4% in the prior-year period
Gross premiums written Q2 2026 $508.0 million Up 16.7% from $435.4 million in the prior-year period
Shares repurchased in quarter 2,997,980 shares at $17.95 per share Common stock repurchased during the quarter under the buyback program
Quarterly dividend per share $0.07 Initial quarterly cash dividend payable August 28, 2026
2026 net income outlook $455–$470 million Reiterated full-year 2026 net income guidance range
combined ratio financial
"The combined ratio improved to 57.6%, compared to 67.4% in the prior-year period"
The combined ratio is a way insurance companies measure how well they are doing by adding up all their costs and claims and comparing them to the money they earn from premiums. If the ratio is below 100%, it means the company is making a profit; if it's above 100%, they are losing money. It helps see if an insurance company is financially healthy or not.
loss ratio financial
"Loss ratio improved to 30.2%, compared to 37.4% in the prior-year period"
Loss ratio is the percentage of an insurer’s collected premiums that is paid out to cover claims and related costs, showing how much of customer payments are used to settle losses. Investors treat it like a fuel-efficiency gauge for an insurance business—lower loss ratios suggest pricing and risk selection leave more room for profit, while consistently high ratios signal weak pricing, rising claims, or not enough money set aside, which can hurt returns.
policy acquisition expense ratio financial
"Policy acquisition expense ratio 11.7% in Q2 2026 versus 13.2% in 2025"
The policy acquisition expense ratio measures the share of insurance premiums that a company spends to write new policies, covering costs like sales commissions, underwriting and marketing. Investors use it to judge how efficiently an insurer grows: like checking how much you spend to gain each new customer, a lower ratio suggests cheaper, more scalable growth and higher potential profits, while a rising ratio can erode margins and signal costly expansion.
variable interest entity financial
"Restricted cash and cash equivalents - variable interest entity"
A variable interest entity (VIE) is a company structure where one party controls another company’s operations and economic outcomes through contracts or special arrangements instead of owning a majority of its voting shares. For investors, VIEs matter because the controlling party’s financial results, debts and risks can appear in the controller’s reports even though ownership looks separate, so understanding VIEs helps assess true exposure, governance limits and transparency—like spotting a puppet controlled by strings rather than direct ownership.
prepaid reinsurance premiums financial
"Prepaid reinsurance premiums were $563,616 at June 30, 2026"
Total revenue Q2 2026 $386.8 million up 47.9% year-over-year
Net income Q2 2026 $134.9 million up 92.4% year-over-year
Diluted EPS Q2 2026 $1.06 up from $0.56 a year earlier
Combined ratio Q2 2026 57.6% improved from 67.4% a year earlier
Guidance

For full year 2026, Slide expects gross written premiums between $1.85 billion and $1.95 billion and net income between $455 million and $470 million.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What were Slide Insurance (SLDE) Q2 2026 revenues and how fast did they grow?

Slide Insurance reported Q2 2026 total revenue of $386.8 million, a 47.9% year-over-year increase. Growth was driven mainly by higher net premiums earned from voluntary homeowners business and renewals of previously acquired Citizens policies, plus higher investment income and policy fees.

How did Slide Insurance (SLDE) Q2 2026 net income and EPS compare to last year?

Q2 2026 net income was $134.9 million, up 92.4% year-over-year, with diluted EPS of $1.06. In the prior-year quarter, net income was $70.1 million and diluted EPS was $0.56, reflecting significantly improved profitability.

What were Slide Insurance (SLDE) Q2 2026 combined ratio and loss ratio?

Slide reported a Q2 2026 loss ratio of 30.2% and a combined ratio of 57.6%, improved from 37.4% and 67.4% a year earlier. These ratios reflect lower losses relative to earned premiums and better operating leverage, indicating underwriting profitability.

How much stock did Slide Insurance (SLDE) repurchase in Q2 2026?

During Q2 2026, Slide repurchased 2,997,980 shares of its common stock at a weighted average price of $17.95 per share. After these repurchases, $114.1 million of capacity remained available under the company’s stock repurchase program.

What dividend did Slide Insurance (SLDE) declare and when will it be paid?

Slide declared an initial quarterly cash dividend of $0.07 per share on its common stock. The dividend is payable on August 28, 2026, to stockholders of record as of August 14, 2026, marking the start of regular cash distributions.

What is Slide Insurance (SLDE) full-year 2026 outlook for premiums and net income?

For 2026, Slide reiterated expectations for gross written premiums of $1.85–$1.95 billion and net income of $455–$470 million. The company anticipates sustained organic growth, including double-digit expansion outside Florida, plus selective growth within Florida.

How strong is Slide Insurance (SLDE) balance sheet as of June 30, 2026?

As of June 30, 2026, Slide reported total assets of $3.60 billion and shareholders’ equity of $1.19 billion. Cash and cash equivalents plus restricted cash and restricted cash of a variable interest entity together represented sizable liquidity to support underwriting and growth.
0001886428false00018864282026-07-282026-07-28

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 28, 2026

 

 

Slide Insurance Holdings, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-42707

87-1554861

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

4221 W. Boy Scout Blvd., Suite 200

 

Tampa, Florida

 

33607

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 813 748-2030

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.01 per share

 

SLDE

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 2.02 Results of Operations and Financial Condition.

On July 28, 2026, Slide Insurance Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the three and six months ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.

 

Information in Exhibit 99.1 of this Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

 

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

 

Description

99.1

 

Press Release Dated as of July 28, 2026

104

 

Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Slide Insurance Holdings, Inc.

 

 

 

 

Date:

July 28, 2026

By:

/s/ Anastasios Omiridis

 

 

 

Name: Anastasios Omiridis
Title: Chief Financial Officer

 


 

Exhibit 99.1

img99825803_0.jpg

SLIDE REPORTS SECOND QUARTER 2026 RESULTS

- Gross Premiums Written Grew 16.7% Year-over-Year to $508.0 Million -

- Net Income Increased 92.4% Year-over-Year to $134.9 Million; $1.06 Diluted Earnings Per Share -

- Combined Ratio Improved to 57.6% -

Tampa, Florida – July 28, 2026 – Slide Insurance Holdings, Inc. (Nasdaq: SLDE) today reported results for the second quarter ended June 30, 2026.

-
Gross premiums written grew 16.7% to $508.0 million, compared to $435.4 million in the prior-year period.
-
Total revenue increased 47.9% to $386.8 million, compared to $261.6 million in the prior-year period.
-
Net income increased 92.4% to $134.9 million, compared to $70.1 million in the prior-year period. Diluted earnings per share for the second quarter of 2026 was $1.06.
-
Combined ratio of 57.6% improved 980 basis points, compared to 67.4% in the prior-year period, reflecting lower loss ratio and improved operating leverage.
-
Average return on equity in the quarter was 11.7%.

“Our second quarter results reflect the continued strength of our operating model and disciplined execution,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “We delivered another quarter of profitable growth while maintaining the underwriting discipline that has been central to our success. The scalability of our platform and our ability to capitalize on attractive opportunities position us well to execute our diversified growth strategy and create long-term value for our shareholders.”

 

Second Quarter 2026 Operating Results

 

Gross premiums written were $508.0 million, a 16.7% increase compared to $435.4 million in the prior-year period, driven by growth of voluntary new business and renewals of previously acquired Citizens policies.

 

Net premiums earned grew 47.9% to $360.6 million, compared to $243.9 million in the prior-year period, while total revenue of $386.8 million increased 47.9% compared to $261.6 million in the prior-year period. The increase and year-over-year growth were directly driven by earnings growth from previous increase in voluntary homeowners and Citizens acquired policies.

 

Losses and loss adjustment expenses (LAE) incurred, net were $108.7 million, compared to $91.4 million in the prior-year period. Loss ratio improved to 30.2%, compared to 37.4% in the prior-year period, primarily due to an improvement in overall loss experience.

 

Policy acquisition and other underwriting expenses were $42.3 million, compared to $32.1 million in the prior-year period. The increase was driven by increased renewal policies from prior year assumed Citizens' policies, resulting in increased policy acquisition costs in 2026.

 

 


 

 

General and administrative expenses were $55.0 million, compared to $37.9 million in the prior-year period, due primarily to the increased staffing costs and technology to support the Company’s strategic growth initiatives.

 

The combined ratio improved to 57.6%, compared to 67.4% in the prior-year period, due primarily to improved loss experience and scaling impact in net earned premium growth with more moderate operating expense growth.

 

Net income grew 92.4% to $134.9 million, compared to $70.1 million in the prior-year period. Diluted earnings per share for the second quarter of 2026 was $1.06 and return on equity was 11.7% in the quarter.

 

Capital Allocation

 

During the quarter, the company repurchased 2,997,980 shares of its common stock at a weighted average price of $17.95 per share. There remains $114.1 million of availability under the Company’s stock repurchase program.

 

In addition, on July 27, 2026, the Company announced that it has declared an initial quarterly cash dividend of $0.07 per share on the Company’s issued and outstanding shares of common stock. The initial quarterly dividend will be payable on August 28, 2026, to stockholders of record as of August 14, 2026.

 

Full Year 2026 Outlook

 

The Company reiterated its expectations to generate gross written premiums in the range of $1.85 billion to $1.95 billion.

 

Top-line growth is expected to be driven primarily by sustained organic expansion, including double-digit increases outside of Florida, complemented by selective growth opportunities within Florida that meet the Company’s return threshold.

 

The Company also reiterated its expectations to generate full year net income in the range of $455 million to $470 million.

 


 

 

 

Key Ratios

 

In this press release we discuss certain key ratios, described below, which provide useful information about our business and the operational factors underlying our financial performance.

 

Loss ratio, expressed as a percentage, is the ratio of losses and loss adjustment expenses incurred, net to net premiums earned.

 

Policy acquisition expense ratio, expressed as a percentage, is the ratio of policy acquisition expenses and other underwriting expenses to net premiums earned.

 

Expense ratio, expressed as a percentage, is the ratio of policy acquisition and other underwriting expenses, general and administrative expenses, and other operating expense to net premiums earned.

 

Combined ratio is the sum of the loss ratio and the expense ratio. A combined ratio under 100% indicates an underwriting profit. A combined ratio over 100% indicates an underwriting loss.

Return on equity, represents net income as a percentage of average beginning and ending shareholders’ equity during the period.

 

Webcast and Conference Call

 

Slide will hold a conference call to discuss financial results tomorrow, July 29, 2026, at 8:30 am Eastern Time. A live webcast of the conference call will be available at ir.slideinsurance.com. The dial-in number for the conference call is (877) 407-9208 (toll-free) or (201) 493-6784 (international). Please dial the number 10 minutes prior to the scheduled start time.

 

A webcast replay of the call will be available at ir.slideinsurance.com for one year following the call.

 

Forward-Looking Statements

 

Statements in this press release and the Company’s earnings call that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “aim,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology and relate, without limitation, to the Company’s beliefs and expectations regarding the Company’s (i). projections of future financial performance, including its full year 2026 outlook with respect to gross written premiums and net income, (ii) ability to execute its growth strategies, (iii) business trends, (iv) sustainable, long-term growth, including the drivers of such growth, (v) competitive advantages, (vi) ability to achieve top-line growth and margin expansion and create long-term value for its shareholders, (vii) underwriting profitability, and (viii) capitalization and profitability. These statements are only predictions based on Slide’s current expectations and projections about future events and are not guarantees of actual results, level of activity, performance or achievements. Although Slide believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, there are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those anticipated in any

 


 

 

forward-looking statements, including, among others, our limited operating history; the success of the Company’s underwriting and profitability initiatives; inflation and other changes in economic conditions (including changes in interest rates and financial and real estate markets), including changes that may impact demand for our products and our operations; lack of effectiveness of exclusions and loss limitation methods in the insurance policies we assume or write; inherent uncertainty of our models and our reliance on such models as a tool to evaluate risk; the impact of macroeconomic conditions, including declining consumer confidence, inflation, high unemployment and the threat of recession; the impact of new federal and state regulations that affect the property and casualty insurance market and our failure to meet increased regulatory requirements, including minimum capital and surplus requirements; the cost of reinsurance, the collectability of reinsurance and our ability to obtain reinsurance coverage on terms and at a cost acceptable to us; assessments charged by various governmental agencies; pricing competition and other initiatives by competitors; our ability to obtain regulatory approval for requested rate changes, and the timing thereof; legislative and regulatory developments; the outcome of litigation pending against us, including the terms of any settlements; risks related to the nature of our business; performance of our investment portfolio; the adequacy of our liability for losses and loss adjustment expense; ratings by industry services; catastrophe losses; reliance on key personnel; weather conditions (including the severity and frequency of storms, hurricanes, tornadoes, wildfires and hail); acts of war and terrorist activities; court decisions and trends in litigation; and other matters described from time to time by us in our filings with the Securities and Exchange Commission.

 

Any forward-looking statement made by Slide in this press release and the earnings call speak only as of the date on which such statement is made. Slide undertakes no obligation to update any forward-looking statement, whether as a result of new information, actual results, revised expectations or otherwise, except as may be required by law.

 

About Slide

Slide is a technology-enabled insurance company that makes it easy for homeowners to choose the right coverage for their unique needs and budgets. Slide's cutting-edge technology leverages artificial intelligence and big data to optimize and streamline every part of the insurance process. Based in Tampa, Fla., Slide was founded by Bruce and Shannon Lucas, insurance insiders with a deep understanding of how technology can be applied to achieve better underwriting outcomes. For more information, please visit https://www.slideinsurance.com.

 

Contacts

 

Investors

ir@slideinsurance.com

 

Media

Rachel Carr

Chief Marketing Officer

press@slideinsurance.com

 

 


 

 

Slide Insurance Holdings, Inc.

Condensed Consolidated Statements of Operations (Unaudited)

(Dollar amounts in thousands)

 

 

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Gross premiums written

 

$

508,014

 

 

$

435,384

 

 

$

922,806

 

 

$

713,633

 

Change in unearned premiums

 

 

(21,917

)

 

 

(96,726

)

 

 

44,277

 

 

 

(24,084

)

Gross premiums earned

 

 

486,097

 

 

 

338,658

 

 

 

967,083

 

 

 

689,549

 

Ceded premiums earned

 

 

(125,462

)

 

 

(94,799

)

 

 

(240,565

)

 

 

(179,649

)

Net premiums earned

 

 

360,635

 

 

 

243,859

 

 

 

726,518

 

 

 

509,900

 

Net investment income

 

 

22,152

 

 

 

15,040

 

 

 

42,270

 

 

 

28,848

 

Policy fees

 

 

3,382

 

 

 

2,455

 

 

 

5,972

 

 

 

3,988

 

Other income

 

 

648

 

 

 

253

 

 

 

1,340

 

 

 

464

 

Total revenue

 

$

386,817

 

 

$

261,607

 

 

$

776,100

 

 

$

543,200

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Losses and loss adjustment expenses incurred, net

 

 

108,740

 

 

 

91,369

 

 

 

219,813

 

 

 

175,130

 

Policy acquisition and other underwriting expenses

 

 

42,280

 

 

 

32,096

 

 

 

86,405

 

 

 

60,668

 

General and administrative expenses

 

 

55,028

 

 

 

37,935

 

 

 

101,201

 

 

 

79,314

 

Interest expense

 

 

924

 

 

 

895

 

 

 

1,776

 

 

 

1,830

 

Depreciation expense

 

 

1,354

 

 

 

1,117

 

 

 

2,669

 

 

 

2,262

 

Amortization expense

 

 

30

 

 

 

1,898

 

 

 

99

 

 

 

3,792

 

Total expenses

 

$

208,356

 

 

$

165,310

 

 

$

411,963

 

 

$

322,996

 

Net income before income tax expense

 

 

178,461

 

 

 

96,297

 

 

 

364,137

 

 

 

220,204

 

Income tax expense

 

 

43,611

 

 

 

26,225

 

 

 

89,760

 

 

 

57,629

 

Net income

 

$

134,850

 

 

$

70,072

 

 

$

274,377

 

 

$

162,575

 

Weighted average shares outstanding (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

115,408

 

 

 

66,773

 

 

 

119,353

 

 

 

61,715

 

Diluted

 

 

127,311

 

 

 

125,979

 

 

 

131,944

 

 

 

124,792

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.17

 

 

$

1.05

 

 

$

2.30

 

 

$

2.63

 

Diluted

 

$

1.06

 

 

$

0.56

 

 

$

2.08

 

 

$

1.30

 

 

 


 

 

Slide Insurance Holdings, Inc.

Condensed Consolidated Balance Sheets

(Dollar amounts in thousands, except per share and par value amounts)

 


 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

(Unaudited)

 

 

 

 

ASSETS

 

 

 

 

 

 

Invested assets:

 

 

 

 

 

 

Fixed-maturity securities, available-for-sale, at estimated fair value (amortized costs: $834,274
   and $580,122, respectively and allowance for credit losses: $0 and $0 respectively)

 

$

832,081

 

 

$

589,720

 

Other investments, net

 

 

7,000

 

 

 

4,000

 

Total invested assets

 

$

839,081

 

 

$

593,720

 

Cash and cash equivalents

 

 

1,236,915

 

 

 

1,201,210

 

Restricted cash and cash equivalents

 

 

793

 

 

 

786

 

Restricted cash and cash equivalents - variable interest entity

 

 

583,446

 

 

 

480,972

 

Accrued interest income

 

 

10,409

 

 

 

7,281

 

Assumed premiums receivable

 

 

9,377

 

 

 

34,290

 

Premiums receivable, net of allowance for credit loss of $8,390 and $3,294, respectively

 

 

66,404

 

 

 

90,576

 

Reinsurance recoverable on paid losses, net of allowance for credit loss: $0 and $0, respectively

 

 

19,784

 

 

 

16,183

 

Reinsurance recoverable on unpaid losses, net of allowance for credit loss: $0 and $0, respectively

 

 

115,205

 

 

 

146,128

 

Prepaid reinsurance premiums

 

 

563,616

 

 

 

202,748

 

Deferred income tax assets, net

 

 

22,406

 

 

 

18,332

 

Deferred policy acquisition costs

 

 

100,687

 

 

 

93,728

 

Property and equipment, net

 

 

10,010

 

 

 

11,585

 

Right-of-use lease assets, operating

 

 

7,625

 

 

 

8,476

 

Intangibles, net

 

 

 

 

 

99

 

Goodwill

 

 

2,603

 

 

 

2,603

 

Prepaid expenses

 

 

9,904

 

 

 

8,932

 

Other assets

 

 

845

 

 

 

816

 

Total assets

 

$

3,599,110

 

 

$

2,918,465

 

LIABILITIES AND SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Loss and loss adjustment expense reserves

 

$

501,020

 

 

$

439,715

 

Unearned premiums

 

 

956,331

 

 

 

1,000,611

 

Commissions payable

 

 

15,197

 

 

 

9,049

 

Deferred revenue

 

 

90

 

 

 

90

 

Reinsurance premiums payable

 

 

620,336

 

 

 

160,330

 

Long-term debt, net

 

 

29,703

 

 

 

33,687

 

Interest rate swap liability

 

 

 

 

 

62

 

Income taxes payable

 

 

150,881

 

 

 

93,555

 

Advanced premiums

 

 

68,822

 

 

 

30,518

 

Premium tax liabilities

 

 

15,820

 

 

 

5,075

 

Accounts payable and accrued expenses

 

 

27,703

 

 

 

19,768

 

Lease liabilities, operating

 

 

8,947

 

 

 

9,649

 

Other liabilities

 

 

9,442

 

 

 

3,115

 

Total liabilities

 

$

2,404,292

 

 

$

1,805,224

 

Shareholders’ equity:

 

 

 

 

 

 

Common Stock (par value $0.01, 1,500,000,000 shares authorized, 115,568,131 and 123,889,446
   issued and outstanding at June 30, 2026 and December 31, 2025, respectively)

 

 

1,156

 

 

 

1,239

 

Additional paid-in capital

 

 

167,771

 

 

 

351,688

 

Accumulated other comprehensive income, net of taxes

 

 

(1,635

)

 

 

7,165

 

Retained earnings

 

 

1,027,526

 

 

 

753,149

 

Total shareholders’ equity

 

$

1,194,818

 

 

$

1,113,241

 

Total liabilities and shareholders’ equity

 

$

3,599,110

 

 

$

2,918,465

 

 

 


 

 

Slide Insurance Holdings, Inc.

Supplemental Information

 

 

Three Months Ended June 30,
(in thousands)

 

 

Six Months Ended June 30,
(in thousands)

 

 

Year Ended December 31, 2025
(in thousands)

 

Revenue

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

2025

 

Gross premiums written

 

$

508,014

 

 

$

435,384

 

 

$

922,806

 

 

$

713,633

 

 

 $

 

1,795,516

 

Policy fees

 

 

3,382

 

 

 

2,455

 

 

 

5,972

 

 

 

3,988

 

 

 

 

8,243

 

Total revenue

 

$

386,817

 

 

$

261,607

 

 

$

776,100

 

 

$

543,200

 

 

 $

 

1,155,901

 

Net income

 

$

134,850

 

 

$

70,072

 

 

$

274,377

 

 

$

162,575

 

 

 $

 

443,958

 

Key Ratios

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss ratio

 

 

30.2

%

 

 

37.4

%

 

 

30.3

%

 

 

34.3

%

 

 

 

21.8

%

Policy acquisition expense ratio

 

 

11.7

%

 

 

13.2

%

 

 

11.9

%

 

 

11.9

%

 

 

 

12.9

%

Expense ratio

 

 

27.4

%

 

 

30.0

%

 

 

26.2

%

 

 

28.6

%

 

 

 

30.3

%

Combined ratio

 

 

57.6

%

 

 

67.4

%

 

 

56.5

%

 

 

62.9

%

 

 

 

52.1

%

Return on equity

 

 

11.7

%

 

 

10.0

%

 

 

23.8

%

 

 

25.0

%

 

 

 

57.4

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2026
(in thousands)

 

 

December 31, 2025
(in thousands)

 

 

 

 

 

Total Assets

 

$

 

 

 

3,599,110

 

 

$

 

 

 

2,918,465

 

 

 

 

 

Shareholders' Equity

 

 

 

 

 

1,194,818

 

 

 

 

 

 

1,113,241

 

 

 

 

 

Total common shares outstanding

 

 

 

 

 

115,568

 

 

 

 

 

 

123,889

 

 

 

 

 

 

 


Filing Exhibits & Attachments

2 documents