Pelagos Insurance Capital (PLGO)
Specialty insurer and reinsurer built around delegated underwriting partnerships.
$23.86
vs last close+0.30 (+1.25%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 554 | 520 | 541 | 681 | 680 | 578 | 591 | 650 | 275 | 612 | 624 |
| Cost of revenue | 189 | 182 | 223 | 238 | 789 | 597 | 536 | 447 | 92 | 224 | 293 |
| Gross profit | 365 | 338 | 318 | 443 | −108 | −20 | 55 | 203 | 183 | 389 | 332 |
| 239 | 243 | 255 | 325 | 31 | 31 | 33 | 42 | 40 | 285 | 279 | |
| 0 | 0 | 0 | 0 | 24 | 22 | 22 | 27 | 25 | 0 | 32 | |
| General & administrative | 0 | 0 | 0 | 0 | 24 | 22 | 22 | 27 | 25 | 0 | 32 |
| Other expenses | 239 | 243 | 255 | 325 | 8 | 9 | 11 | 15 | 15 | 285 | 247 |
| Operating income | 126 | 95 | 63 | 118 | −140 | −50 | 22 | 161 | 143 | 103 | 53 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest expense | 9 | 9 | 9 | 9 | 8 | 9 | 9 | 15 | 15 | 15 | 13 |
| Other non-operating income | −9 | −9 | −9 | −9 | −8 | −9 | −9 | −15 | −15 | −15 | −13 |
| Income before tax | 126 | 95 | 63 | 118 | −140 | −50 | 22 | 161 | 143 | 103 | 53 |
| Income tax expense | −103 | 14 | 9 | 17 | −17 | −8 | 3 | 30 | 25 | −5 | 9 |
| Net income from continuing operations | 228 | 81 | 54 | 101 | −122 | −43 | 20 | 131 | 118 | 108 | 44 |
| Net income | 228 | 81 | 54 | 101 | −122 | −43 | 20 | 131 | 118 | 108 | 44 |
| EPS, basic | $1.94 | $0.69 | $0.46 | $0.88 | −$1.09 | −$0.38 | $0.18 | $1.25 | $1.18 | $1.16 | $0.52 |
| EPS, diluted | $1.93 | $0.69 | $0.46 | $0.88 | −$1.09 | −$0.38 | $0.18 | $1.24 | $1.17 | $1.15 | $0.52 |
| Weighted average shares, basic | 118 | 118 | 117 | 114 | 112 | 112 | 109 | 104 | 100 | 93 | 85 |
| Weighted average shares, diluted | 118 | 118 | 118 | 115 | 112 | 112 | 109 | 105 | 101 | 94 | 85 |
| EBITDA | 135 | 104 | 72 | 122 | −132 | −42 | 32 | 176 | 158 | 114 | 63 |
| Depreciation & amortization | 0 | 0 | 0 | −5 | 0 | 0 | 0 | 0 | 0 | −4 | −2 |
| EBIT | 135 | 104 | 72 | 127 | −132 | −42 | 32 | 176 | 158 | 118 | 66 |
