Slide Insurance posts strong Q3 results and lifts FY‑2026 profit outlook
+2 new sources since this summary was written
Slide Insurance Holdings reported third‑quarter 2026 gross premiums written of $506.6 million, a 9.3% increase year‑over‑year, and total revenue of $361.1 million, up 35.9%. Net income rose 24.5% to $138.2 million, delivering diluted earnings per share of $1.09. The board declared a one‑time special dividend of $1.50 per share and the company raised its full‑year 2026 net‑income guidance to $500 million‑$520 million.
Why it matters
The higher profit guidance expands the upside for shareholders and may support a higher valuation, while the special dividend provides an immediate cash return. The raised outlook also signals confidence in continued premium growth and underwriting discipline.
Key facts
- 1Gross premiums written grew 9.3% to $506.6 million compared with $463.4 million in the prior year. stocktitan.net
- 2Total revenue increased 35.9% to $361.1 million versus $265.7 million a year earlier. stocktitan.net
- 3Net income grew 24.5% to $138.2 million from $111.0 million in the prior year. stocktitan.net
- 4Diluted earnings per share for the quarter were $1.09, up 37.3% from $0.79 a year ago. stocktitan.net
- 5The board declared a one‑time special dividend of $1.50 per share. investing.com
- 6Full‑year 2026 net‑income guidance was raised to $500 million‑$520 million. investing.com
Open questions
- Material 1 mentions a new $300 million credit facility, while material 2 cites a $1.07 billion credit facility.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.