Quarterly ResultJul 28, 2026, 04:17 PM
Slide Q2 Net Income +92.4% to $134.9M; EPS $1.06; Combined Ratio 57.6%
AI Summary
Slide Insurance Holdings, Inc. reported strong second quarter 2026 results, with net income surging 92.4% year-over-year to $134.9 million, resulting in diluted earnings per share of $1.06. Gross premiums written increased 16.7% to $508.0 million, and the combined ratio improved significantly to 57.6%. The company also announced a share repurchase of nearly 3 million shares and declared an initial quarterly cash dividend of $0.07 per share, while reaffirming its full-year 2026 financial outlook.
Key Highlights
- Net income increased 92.4% year-over-year to $134.9 million.
- Diluted earnings per share was $1.06 for the quarter.
- Gross premiums written grew 16.7% to $508.0 million.
- Combined ratio improved to 57.6% from 67.4% year-over-year.
- Total revenue increased 47.9% to $386.8 million.
- Repurchased 2,997,980 shares at a weighted average price of $17.95.
- Declared an initial quarterly cash dividend of $0.07 per share.
- Reiterated full-year 2026 net income guidance of $455M to $470M.
Price Impact
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