SLDE on Nasdaq
Slide Insurance Holdings, Inc.
American fire company that raised $100 million in 2021 (SEC Form D).
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with SAFETY INSURANCE GROUP INC, DONEGAL GROUP INC or UNITED FIRE GROUP INC, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
38.4%Net margin3
36.5%Revenue growth, 20253
39.9%Return on equity3
0.03×Debt to equity3
$794.6MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs49¢$563.0M
- Interest0¢$3.6M
- Income tax13¢$145.3M
- Profit38¢$444.0M
Out of $1.2B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending0¢$2.9M
- Share buybacks5¢$40.0M
- Kept or used elsewhere95¢$754.6M
Out of $797.4M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Gross premiums written | $1.8B | $1.3B |
| Change in unearned premiums | -$304.3M | -$236.6M |
| Gross premiums earned | $1.5B | $1.1B |
| Ceded premiums earned | -$411.7M | -$304.9M |
| Net premiums earned | $1.1B | $792.4M |
| Net investment income | $66.4M | $47.1M |
| Policy fees | $8.2M | $6.5M |
| Other income | $1.7M | $764.0K |
| Total revenue | $1.2B | $846.8M |
| Losses and loss adjustment expenses incurred, net | $235.5M | $339.3M |
| Policy acquisition and other underwriting expenses | $139.4M | $86.0M |
| General and administrative expenses | $175.8M | $137.5M |
| Interest expense | $3.6M | $3.8M |
| Depreciation | $4.8M | $2.4M |
| Amortization expense | $7.6M | $7.9M |
| Total expenses | $566.7M | $576.8M |
| Net income before income tax expense | $589.2M | $270.0M |
| Effective income tax rate | $145.3M | $68.8M |
| Net income | $444.0M | $201.1M |
| Weighted average shares outstanding (in thousands) - Basic | 93.4M shares | 56.2M shares |
| Weighted average shares outstanding (in thousands) - Diluted | 132.0M shares | 121.1M shares |
| Earnings per share - Basic | $4.75 | $3.58 |
| Earnings per share - Diluted | $3.36 | $1.66 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2025-06-30 | 2025-05-31 | 2024-12-31 | 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) | $589.7M | $465.0M | |||
| Other investments, net | $4.0M | $4.5M | |||
| Total invested assets | $593.7M | $469.5M | |||
| Cash and cash equivalents | $1.2B | $493.4M | |||
| Restricted cash | $786.0K | $631.0K | |||
| Restricted cash - variable interest entity | $481.0M | $295.8M | |||
| Accrued interest income | $7.3M | $5.6M | |||
| Assumed premiums receivable | $34.3M | $71.3M | $10.3M | ||
| Premiums receivable, net of allowance for credit loss of $3,294 and $2,295, respectively | $90.6M | $47.6M | |||
| Reinsurance recoverable on paid losses, net of allowance for credit loss: $0 and $0, respectively | $16.2M | $0 | |||
| Reinsurance recoverable on unpaid losses, net of allowance for credit loss: $0 and $0, respectively | $146.1M | $341.1M | |||
| Prepaid reinsurance premiums | $202.7M | $148.3M | |||
| Deferred tax assets | $18.3M | $17.4M | |||
| Deferred policy acquisition costs | $93.7M | $65.0M | $43.0M | ||
| Property and equipment, net | $11.6M | $13.6M | |||
| Right-of-use lease asset, operating | $8.5M | $8.4M | |||
| Intangibles, net | $99.0K | $7.7M | |||
| Goodwill | $2.6M | $2.6M | $2.6M | ||
| Prepaid expenses | $8.9M | $4.2M | |||
| Other assets | $816.0K | $865.0K | |||
| Total assets | $2.9B | $1.9B | |||
| Loss and loss adjustment expense reserves | $439.7M | $595.5M | |||
| Unearned premiums | $1.0B | $696.3M | |||
| Commissions payable | $9.0M | $8.3M | |||
| Advanced recoveries on reinsurance | $0 | $4.8M | |||
| Deferred revenue | $90.0K | $90.0K | |||
| Reinsurance premiums payable | $160.3M | $70.5M | |||
| Long-term debt | $33.7M | $39.2M | |||
| Interest rate swap liability | $62.0K | $117.0K | |||
| Income taxes payable | $93.6M | $43.9M | |||
| Advanced premiums | $30.5M | $12.1M | |||
| Premium tax liabilities | $5.1M | $1.2M | |||
| Accounts payable and accrued expenses | $19.8M | $13.9M | |||
| Lease liability, operating | $9.6M | $9.1M | |||
| Other liabilities | $3.1M | $3.9M | |||
| Total liabilities | $1.8B | $1.5B | |||
| 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) | $1.2M | $562.0K | |||
| 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 | $514.0K | |||
| Additional paid-in capital | $351.7M | $122.6M | |||
| Accumulated other comprehensive income (loss), net of taxes | $7.2M | $285.0K | |||
| Retained earnings | $753.1M | $309.2M | |||
| Total shareholders' equity | $1.1B | $433.2M | |||
| Total liabilities and shareholders' equity | $2.9B | $1.9B | |||
| Amortized Cost | $580.1M | $464.6M | |||
| Available for sale securities allowance for credit losses | $0 | $0 | |||
| Premiums receivable, Net of allowance for credit loss | $3.3M | $2.3M | |||
| Reinsurance recoverable, Allowance for credit loss | $0 | $0 | |||
| Common stock, Par value | $0.01 | $0.01 | $0.01 | ||
| Common stock, Shares authorized | 1.5B shares | 1.5B shares | |||
| Common stock, Shares issued | 123.9M shares | 56.2M shares | |||
| Common stock, Shares outstanding | 123.9M shares | 56.2M shares | |||
| Preferred stock, Par value | $0.01 | $0.01 | |||
| Preferred stock, Shares authorized | 150.0M shares | 150.0M shares | |||
| Preferred stock, Shares issued | 0 shares | 51.4M shares | |||
| Preferred stock, Shares outstanding | 0 shares | 51.4M shares |
| Period ending | 2025-12-31 | 2025-06-30 | 2025-05-31 | 2024-12-31 | 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) | $589.7M | $465.0M | |||
| Other investments, net | $4.0M | $4.5M | |||
| Total invested assets | $593.7M | $469.5M | |||
| Cash and cash equivalents | $1.2B | $493.4M | |||
| Restricted cash | $786.0K | $631.0K | |||
| Restricted cash - variable interest entity | $481.0M | $295.8M | |||
| Accrued interest income | $7.3M | $5.6M | |||
| Assumed premiums receivable | $34.3M | $71.3M | $10.3M | ||
| Premiums receivable, net of allowance for credit loss of $3,294 and $2,295, respectively | $90.6M | $47.6M | |||
| Reinsurance recoverable on paid losses, net of allowance for credit loss: $0 and $0, respectively | $16.2M | $0 | |||
| Reinsurance recoverable on unpaid losses, net of allowance for credit loss: $0 and $0, respectively | $146.1M | $341.1M | |||
| Prepaid reinsurance premiums | $202.7M | $148.3M | |||
| Deferred tax assets | $18.3M | $17.4M | |||
| Deferred policy acquisition costs | $93.7M | $65.0M | $43.0M | ||
| Property and equipment, net | $11.6M | $13.6M | |||
| Right-of-use lease asset, operating | $8.5M | $8.4M | |||
| Intangibles, net | $99.0K | $7.7M | |||
| Goodwill | $2.6M | $2.6M | $2.6M | ||
| Prepaid expenses | $8.9M | $4.2M | |||
| Other assets | $816.0K | $865.0K | |||
| Total assets | $2.9B | $1.9B | |||
| Loss and loss adjustment expense reserves | $439.7M | $595.5M | |||
| Unearned premiums | $1.0B | $696.3M | |||
| Commissions payable | $9.0M | $8.3M | |||
| Advanced recoveries on reinsurance | $0 | $4.8M | |||
| Deferred revenue | $90.0K | $90.0K | |||
| Reinsurance premiums payable | $160.3M | $70.5M | |||
| Long-term debt | $33.7M | $39.2M | |||
| Interest rate swap liability | $62.0K | $117.0K | |||
| Income taxes payable | $93.6M | $43.9M | |||
| Advanced premiums | $30.5M | $12.1M | |||
| Premium tax liabilities | $5.1M | $1.2M | |||
| Accounts payable and accrued expenses | $19.8M | $13.9M | |||
| Lease liability, operating | $9.6M | $9.1M | |||
| Other liabilities | $3.1M | $3.9M | |||
| Total liabilities | $1.8B | $1.5B | |||
| 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) | $1.2M | $562.0K | |||
| 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 | $514.0K | |||
| Additional paid-in capital | $351.7M | $122.6M | |||
| Accumulated other comprehensive income (loss), net of taxes | $7.2M | $285.0K | |||
| Retained earnings | $753.1M | $309.2M | |||
| Total shareholders' equity | $1.1B | $433.2M | |||
| Total liabilities and shareholders' equity | $2.9B | $1.9B | |||
| Amortized Cost | $580.1M | $464.6M | |||
| Available for sale securities allowance for credit losses | $0 | $0 | |||
| Premiums receivable, Net of allowance for credit loss | $3.3M | $2.3M | |||
| Reinsurance recoverable, Allowance for credit loss | $0 | $0 | |||
| Common stock, Par value | $0.01 | $0.01 | $0.01 | ||
| Common stock, Shares authorized | 1.5B shares | 1.5B shares | |||
| Common stock, Shares issued | 123.9M shares | 56.2M shares | |||
| Common stock, Shares outstanding | 123.9M shares | 56.2M shares | |||
| Preferred stock, Par value | $0.01 | $0.01 | |||
| Preferred stock, Shares authorized | 150.0M shares | 150.0M shares | |||
| Preferred stock, Shares issued | 0 shares | 51.4M shares | |||
| Preferred stock, Shares outstanding | 0 shares | 51.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Income (Loss) | $444.0M | $201.1M |
| Provision for depreciation and amortization | $12.4M | $10.3M |
| Provision for deferred income taxes | -$3.3M | -$5.1M |
| Stock based compensation | $12.1M | $2.9M |
| Amortization of deferred loan costs | $793.0K | $372.0K |
| Gain on sale of investments | -$13.0K | -$10.0K |
| Net amortization of premiums on investments in fixed-maturity securities | -$2.6M | -$3.3M |
| Change in value of interest rate swap | -$55.0K | -$179.0K |
| Purchase of transferable tax credits | -$65.4M | $0 |
| Accrued interest income | -$1.7M | -$3.2M |
| Premiums receivable | -$66.9M | $13.1M |
| Reinsurance recoverable on paid losses | -$21.0M | $14.7M |
| Reinsurance recoverable on unpaid losses | $194.9M | -$236.0M |
| Prepaid reinsurance premiums | -$54.5M | -$65.9M |
| Prepaid expenses | -$4.7M | -$2.5M |
| Deferred policy acquisition costs | -$28.7M | -$22.1M |
| Other assets | $49.0K | $325.0K |
| Loss and loss adjustment expense reserves | -$155.8M | $345.9M |
| Unearned premiums | $304.3M | $236.6M |
| Advanced premiums | $18.5M | $1.1M |
| Income taxes payable | $115.0M | $16.6M |
| Premium taxes payable | $3.9M | $1.3M |
| Commissions payable | $795.0K | $3.5M |
| Reinsurance premiums payable | $89.9M | $42.8M |
| Accounts payable and accrued expenses | $5.9M | $3.9M |
| Net lease liability, net | $500.0K | -$5.0K |
| Other liabilities | -$788.0K | -$2.4M |
| Net cash provided by operating activities | $797.4M | $553.9M |
| Purchase of fixed-maturity securities available-for-sale | -$197.7M | -$234.6M |
| Proceeds from maturities and redemptions of fixed-maturity securities available -for-sale | $84.9M | $40.0M |
| Proceeds from redemption of other investments | $548.0K | $672.0K |
| Purchase of property and equipment | -$2.9M | -$10.1M |
| Net cash used in investing activities | -$115.2M | -$204.0M |
| Proceeds from issuance of common stock | $1.7M | $0 |
| Repurchase and retirement of common stock | -$40.0M | $0 |
| Issuance of long term debt | $0 | $40.0M |
| Repayment of long-term debt | -$6.0M | -$32.6M |
| Payment of debt issuance costs | -$296.0K | -$3.7M |
| Repurchase and retirement of preferred stock | $0 | -$540.0K |
| Other financing costs | -$2.5M | -$5.6M |
| Proceeds from issuance of initial public offering | $263.5M | |
| Shares withheld for taxes (net share settlement) | -$5.6M | |
| Proceeds from the issuance of preferred capital stock | $0 | $1.0K |
| Net cash provided by financing activities | $210.9M | -$2.4M |
| Net increase in cash, cash equivalents and restricted cash | $893.1M | $347.5M |
| Interest paid | $1.8M | $3.7M |
| Income taxes paid | $33.5M | $58.5M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Slide Insurance Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerBruce Lucas Jun 17, 2025 to now6
- PresidentJesse Schalk Jun 17, 2025 to Dec 2, 20257
- PresidentShannon Lucas Dec 2, 2025 to now8
- Chief financial officerJesse Schalk Jun 17, 2025 to Dec 5, 20257
- Chief financial officerAnastasios Omiridis Dec 5, 2025 to now9
- Chief operating officerShannon Lucas Jun 17, 2025 to now10
Board members and other officers (9)
- Chief Revenue OfficerCharles William Powell Mar 3, 2026 to now11
- Chief Risk OfficerMatthew Paul Larson Mar 3, 2026 to now12
- Board memberAndrew Pardo Wright Jun 17, 2025 to now13
- Board memberBeth Witte Bruce Jun 17, 2025 to now14
- Board memberBruce Lucas Jun 17, 2025 to now6
- Board memberRobert Gries Jr. Jun 17, 2025 to now15
- Board memberShannon Lucas Jun 17, 2025 to now10
- Board memberStephen L. Rohde Jun 17, 2025 to now16
- Board memberThomas Oshea Jun 17, 2025 to now17
Timeline
Filings
212 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 12 major events, 131 insider forms, 1 large holders, 1 private raises, 62 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Sep 16, 20264 EDGAR
- Sep 16, 20264 EDGAR
- Sep 16, 20264 EDGAR
- Sep 14, 2026144 EDGAR
- Sep 14, 2026144 EDGAR
- Sep 10, 20264 EDGAR
- Sep 9, 2026144 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 8, 20264 EDGAR
- Sep 8, 20264 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 14, 2026144 EDGAR
- Aug 10, 20264 EDGAR
- Aug 6, 2026144 EDGAR
The 212 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 1 such filings since October 2021:
- Oct 17, 2025SCHEDULE 13G
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
- Nov 4, 2021Raised $100 million in a private offering of equity Form D: 206 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 5,087,170 | $98.5M | 0.0% | −2,584,720 |
| Vanguard Portfolio Management LLC | 4,991,909 | $96.7M | 0.0% | +383,813 |
| American Century Companies Inc | 4,250,123 | $82.3M | 0.0% | +796,941 |
| Capital World Investors | 2,997,422 | $58.1M | 0.0% | +81,773 |
| Arrowstreet Capital, Limited Partnership | 2,817,330 | $54.6M | 0.0% | +129,528 |
| Vanguard Capital Management LLC | 2,311,200 | $44.8M | 0.0% | −195,256 |
| Federated Hermes, Inc. | 2,285,058 | $44.3M | 0.1% | +1,917,518 |
| UBS Group AG | 2,152,612 | $41.7M | 0.0% | −376,781 |
| Hood River Capital Management LLC | 1,884,474 | $36.5M | 0.3% | +631,484 |
| DME Capital Management, LP | 1,686,630 | $32.7M | 0.8% | No change |
| Capital International Investors | 1,611,826 | $31.2M | 0.0% | +44,295 |
| Geode Capital Management, LLC | 1,579,569 | $30.6M | 0.0% | +67,136 |
| Maniro Ltd | 1,398,025 | $27.1M | 6.1% | No change |
| Jane Street Group, LLC | 1,392,301 | $27.0M | 0.0% | New |
| State Street Corp | 1,293,023 | $25.0M | 0.0% | +96,630 |
| Citadel Advisors LLC | 1,003,348 | $19.4M | 0.0% | +711,091 |
| Morgan Stanley | 789,175 | $15.3M | 0.0% | +263,439 |
| Goldman Sachs Group Inc | 709,242 | $13.7M | 0.0% | +95,509 |
| Nuveen, LLC | 686,596 | $13.3M | 0.0% | −7,173 |
| Man Group plc | 631,340 | $12.2M | 0.0% | +416,657 |
| Bank Of America Corp /de/ | 565,510 | $11.0M | 0.0% | +60,374 |
| Northern Trust Corp | 552,260 | $10.7M | 0.0% | +79,806 |
| Trexquant Investment LP | 544,562 | $10.5M | 0.1% | +336,891 |
| Millennium Management LLC | 460,174 | $8.9M | 0.0% | New |
| Emerald Mutual Fund Advisers Trust | 459,820 | $8.9M | 0.3% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6SEC EDGARBruce Lucas, Chief executive officer
- 7SEC EDGARJesse Schalk, President
- 8SEC EDGARShannon Lucas, President
- 9
- 10
- 11
- 12
- 13SEC EDGARAndrew Pardo Wright, Board member
- 14SEC EDGARBeth Witte Bruce, Board member
- 15SEC EDGARRobert Gries Jr., Board member
- 16SEC EDGARStephen L. Rohde, Board member
- 17SEC EDGARThomas Oshea, Board member
- 18