SLIDE INSURANCE HOLDINGS INC (NASDAQ:SLDE) Beats Q2 2025 Revenue and EPS Estimates with Strong Growth

SLIDE INSURANCE HOLDINGS INC (NASDAQ:SLDE) Reports Q2 2025 Earnings: Revenue and EPS Beat Estimates

Slide Insurance Holdings Inc. released its second-quarter 2025 earnings, posting revenue of $261.6 million, a 25.1% year-over-year increase, and diluted earnings per share (EPS) of $0.56, up 30.5% compared to the same period last year. The results exceeded analyst expectations, which had projected revenue of $268.7 million and EPS of $0.45.

Key Financial Highlights

• Revenue Growth: Total revenue rose to $261.6 million, driven by a 25.0% increase in gross premiums written, reaching $435.4 million.
• Net Income: Net income climbed to $70.1 million, up from $53.7 million in Q2 2024.
• Underwriting Performance: The combined ratio improved to 67.4%, down 250 basis points year-over-year, reflecting better loss ratios (37.4% vs. 45.9% in Q2 2024).
• Policies in Force: The company reported 348,439 policies in force, up from 275,178 a year earlier, supported by policy acquisitions and renewals.

Market Reaction

Following the earnings release, SLDE shares saw an after-hours gain of approximately 2.68%. This positive movement suggests investor confidence in the company’s ability to outperform expectations, particularly given the EPS beat and strong underwriting metrics. Over the past month, the stock has declined by about 8.2%, but the post-earnings rebound indicates a potential reversal in sentiment.

Outlook and Analyst Estimates

While the press release did not provide explicit forward guidance, analysts estimate Q3 2025 revenue at $282.6 million and full-year 2025 sales at $1.12 billion. The company’s ability to sustain premium growth and maintain underwriting discipline will be key factors in meeting or exceeding these projections.

Press Release Summary

• Strong Premium Growth: Driven by policy acquisitions from Citizens and steady renewal rates.
• Improved Profitability: Lower catastrophe losses and expense management contributed to margin expansion.
• IPO Milestone: The company completed its initial public offering in June 2025, strengthening its capital position.

For more detailed earnings estimates and historical performance, visit SLDE Earnings & Estimates.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.