Slide Insurance Holdings, Inc.

Listed Company

SLDECIK 0001886428NasdaqNon-AcceleratedEmerging GrowthFire, Marine & Casualty InsuranceDelawareFY ends Dec 31

Period

FY 2025

Revenue

$1.16B

Net Income

$443.96M

Total Assets

$2.92B

Equity

$1.11B

Shares Out

114.56M

Op. Cash Flow

$797.43M

Business

Slide Insurance Holdings, Inc. is a publicly listed company in Fire, Marine & Casualty Insurance, incorporated in Delaware. Common stock trades on Nasdaq under the ticker SLDE.

Auto-generated from company profile

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31
Gross premiums written	1,796	1,334
Change in unearned premiums	−304	−237
Gross premiums earned	1,491	1,097
Ceded premiums earned	−412	−305
Net premiums earned	1,080	792
Net investment income	66	47
Policy fees	8	7
Other income	2	764,000
Total revenue	1,156	847
Losses and loss adjustment expenses incurred, net	235	339
Policy acquisition and other underwriting expenses	139	86
General and administrative expenses	176	138
Interest expense	4	4
Depreciation	5	2
Amortization expense	8	8
Total expenses	567	577
Net income before income tax expense	589	270
Effective income tax rate	145	69
Net income	444	201
Weighted average shares outstanding (in thousands) - Basic	93	56
Weighted average shares outstanding (in thousands) - Diluted	132	121
Earnings per share - Basic	4.75	3.58
Earnings per share - Diluted	3.36	1.66

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2025 2025-05-31	FY 2024 2024-12-31	FY 2023 2023-12-31
Fixed-maturity securities, available-for-sale, at estimated fair value (amortized costs: $580,122 and $464,585, respectively and allowance for credit losses: $0 and $0 respectively)	590	—	465	—
Other investments, net	4	—	5	—
Total invested assets	594	—	470	—
Cash and cash equivalents	1,201	—	493	—
Restricted cash	786,000	—	631,000	—
Restricted cash - variable interest entity	481	—	296	—
Accrued interest income	7	—	6	—
Assumed premiums receivable	34	71	10	—
Premiums receivable, net of allowance for credit loss of $3,294 and $2,295, respectively	91	—	48	—
Reinsurance recoverable on paid losses, net of allowance for credit loss: $0 and $0, respectively	16	—	0	—
Reinsurance recoverable on unpaid losses, net of allowance for credit loss: $0 and $0, respectively	146	—	341	—
Prepaid reinsurance premiums	203	—	148	—
Deferred tax assets	18	—	17	—
Deferred policy acquisition costs	94	—	65	43
Property and equipment, net	12	—	14	—
Right-of-use lease asset, operating	8	—	8	—
Intangibles, net	99,000	—	8	—
Goodwill	3	—	3	3
Prepaid expenses	9	—	4	—
Other assets	816,000	—	865,000	—
Total assets	2,918	—	1,932	—
Loss and loss adjustment expense reserves	440	—	595	—
Unearned premiums	1,001	—	696	—
Commissions payable	9	—	8	—
Advanced recoveries on reinsurance	0	—	5	—
Deferred revenue	90,000	—	90,000	—
Reinsurance premiums payable	160	—	70	—
Long-term debt	34	—	39	—
Interest rate swap liability	62,000	—	117,000	—
Income taxes payable	94	—	44	—
Advanced premiums	31	—	12	—
Premium tax liabilities	5	—	1	—
Accounts payable and accrued expenses	20	—	14	—
Lease liability, operating	10	—	9	—
Other liabilities	3	—	4	—
Total liabilities	1,805	—	1,499	—
Common Stock (par value $0.01, 1,500,000,000 shares authorized, 123,889,446 and 56,224,168 issued and outstanding at December 31, 2025 and December 31, 2024 respectively)	1	—	562,000	—
Preferred stock (par value $0.01, 150,000,000 shares authorized, 0 and 51,374,125 issued and outstanding at December 31, 2025 and December 31, 2024, respectively)	0	—	514,000	—
Additional paid-in capital	352	—	123	—
Accumulated other comprehensive income (loss), net of taxes	7	—	285,000	—
Retained earnings	753	—	309	—
Total shareholders' equity	1,113	—	433	—
Total liabilities and shareholders' equity	2,918	—	1,932	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31
Provision for depreciation and amortization	12	10
Provision for deferred income taxes	−3	−5
Stock based compensation	12	3
Amortization of deferred loan costs	793,000	372,000
Gain on sale of investments	−13,000	−10,000
Net amortization of premiums on investments in fixed-maturity securities	−3	−3
Change in value of interest rate swap	−55,000	−179,000
Purchase of transferable tax credits	−65	0
Accrued interest income	−2	−3
Premiums receivable	−67	13
Reinsurance recoverable on paid losses	−21	15
Reinsurance recoverable on unpaid losses	195	−236
Prepaid reinsurance premiums	−54	−66
Prepaid expenses	−5	−3
Deferred policy acquisition costs	−29	−22
Other assets	49,000	325,000
Loss and loss adjustment expense reserves	−156	346
Unearned premiums	304	237
Advanced premiums	18	1
Income taxes payable	115	17
Premium taxes payable	4	1
Commissions payable	795,000	3
Reinsurance premiums payable	90	43
Accounts payable and accrued expenses	6	4
Net lease liability, net	500,000	−5,000
Other liabilities	−788,000	−2
Net cash provided by operating activities	797	554
Purchase of fixed-maturity securities available-for-sale	−198	−235
Proceeds from maturities and redemptions of fixed-maturity securities available -for-sale	85	40
Proceeds from redemption of other investments	548,000	672,000
Purchase of property and equipment	−3	−10
Net cash used in investing activities	−115	−204
Proceeds from issuance of common stock	2	0
Repurchase and retirement of common stock	−40	0
Issuance of long term debt	0	40
Repayment of long-term debt	−6	−33
Payment of debt issuance costs	−296,000	−4
Repurchase and retirement of preferred stock	0	−540,000
Other financing costs	−2	−6
Proceeds from issuance of initial public offering	264	—
Shares withheld for taxes (net share settlement)	−6	—
Proceeds from the issuance of preferred capital stock	0	1,000
Net cash provided by financing activities	211	−2
Net increase in cash, cash equivalents and restricted cash	893	347
Interest paid	2	4
Income taxes paid	34	59

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro