Gross premiums written jumped 49.1% year-over-year to $414.8 million, driven by voluntary new business and Citizens policy acquisitions. Total revenue climbed 38.2% to $389.3 million, and net income increased 50.8% to $139.5 million, equating to $1.02 diluted earnings per share.

The loss ratio improved to 30.4% from 31.5% a year earlier, benefiting from lower catastrophe losses, while policy acquisition and underwriting expenses rose to $44.1 million. General and administrative costs were $46.2 million, and the combined ratio tightened by 340 basis points to 55.5%, reflecting operating leverage and fully amortized intangibles.

During the quarter, Slide repurchased 7,724,240 shares at a weighted average price of $17.75, under its $120 million and newly authorized $125 million buyback programs. Since its June 2025 IPO, the company has bought back 13.35 million shares for $230.9 million, cutting IPO dilution from 13% to 3%.

Slide reaffirmed gross written premium guidance of $1.85 billion to $1.95 billion, targeting double-digit policies-in-force growth outside Florida alongside selective in-state expansion. Full-year net income is expected in the range of $455 million to $470 million, underpinned by disciplined underwriting and technology investments.