Slide Q2 FY26 net income more than doubled to $134.9 million; revenue increases 47.9% to $386.8 million
SLDE•Quarterly results
- Slide Insurance posted Q2 net income of $134.9 million, up 92.4% year over year; diluted EPS was $1.06.
- Revenue climbed 47.9% to $386.8 million; gross premiums written rose 16.7% to $508 million.
- Combined ratio improved 9.8 percentage points to 57.6%, reflecting lower loss ratio and improved operating leverage.
Buybacks and outlook
- Repurchased 2,997,980 shares at a weighted average $17.95; $114.1 million remained under the buyback authorization.
- Reiterated full-year outlook for gross written premiums of $1.85 billion-$1.95 billion; net income seen at $455 million-$470 million.
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