The significant improvement in underwriting profitability (combined ratio of 38.0%) and strong growth in premiums suggest effective execution of Slide's strategy. The 2026 guidance indicates sustained momentum, making this a potentially positive catalyst for the stock. Traders should monitor the conference call for details on policy growth outside Florida and the sustainability of the improved loss ratio.
Price Chart
Executive Summary
Slide Insurance (SLDE) reported strong Q4 and full-year 2025 results, with gross premiums written up 56.7% YoY to $618.5 million and net income more than doubling to $170.4 million. The combined ratio improved significantly to 38.0% due to lower catastrophe losses. The company also provided 2026 guidance, forecasting gross written premiums of $1.85B-$1.95B and net income of $455M-$470M, indicating continued growth momentum.
Key Financial Metrics
Key Facts
- Q4 2025 gross premiums written: $618.5 million (+56.7% YoY)
- Q4 2025 net income: $170.4 million (+126.9% YoY), $1.23 diluted EPS
- Q4 combined ratio improved to 38.0% from 60.9% in prior year
- Full year 2025 net income: $444.0 million (+120.7% YoY), $3.36 diluted EPS
- 2026 guidance: $1.85B-$1.95B gross written premiums, $455M-$470M net income
Financial Impact
Q4 revenue up 45.5% YoY to $347.0 million, net income up 126.9% to $170.4 million. Full year net income up 120.7% to $444.0 million. 2026 net income guidance suggests 2.5%-6.0% growth.
Risk Factors
- The improved loss ratio is partly due to absence of named storm losses in 2025; future hurricane activity could reverse this trend.
- Growth is heavily dependent on acquisitions from Citizens Property Insurance; changes in this source could impact future growth.
- The company's expansion into new catastrophe-exposed markets increases future risk exposure.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-067069 |
| Document: slde-20260224.htm | 0001193125-26-067069 |
| Document: 0001193125-26-067069-index-headers.html | 0001193125-26-067069 |
| Document: 0001193125-26-067069-index.html | 0001193125-26-067069 |
| Document: 0001193125-26-067069.txt | 0001193125-26-067069 |
| CONTEXT: Previous Earnings (2026-02-24) | 0001193125-26-067069 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Insider Cluster | $24.45 $25.00 | ▼ −2.25% | ▼ −2.75% | $23.65 (+3.27%) |
Aug 11, 2026 7w ago | Insider Cluster | $20.62 $22.26 | ▲ +7.95% | ▲ +8.36% | $23.65 (+14.69%) |
Aug 5, 2026 8w ago | Insider Cluster | $20.74 $20.96 | ▼ −1.06% | ▼ −0.71% | $23.65 (−14.03%) |
Jul 31, 2026 8w ago | 144 | $20.65 $20.66 | ▲ +0.05% | ▼ −1.98% | $23.65 (+14.53%) |
Jul 28, 2026 9w ago | Press Release | $22.14 $20.74 | ▼ −6.32% | ▼ −11.85% | $23.65 (+6.82%) |
Jul 8, 2026 12w ago | Insider Cluster | $20.47 $20.88 | ▲ +2.00% | ▲ +1.14% | $23.65 (+15.53%) |
Jul 6, 2026 12w ago | 144 | $20.78 $20.88 | ▲ +0.48% | ▼ −0.07% | $23.65 (+13.81%) |
Jun 12, 2026 15w ago | Insider Cluster | $16.62 $16.94 | ▼ −1.93% | ▼ −3.31% | $23.65 (−42.30%) |
Jun 11, 2026 16w ago | Institutional Cluster | $16.94 $16.84 | ▼ −0.59% | ▼ −1.02% | $23.65 (+39.61%) |
Jun 4, 2026 17w ago | 8-K | $16.03 $16.94 | ▲ +5.68% | ▲ +8.23% | $23.65 (+47.54%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access