SKWD · XBRL financial data
Skyward Specialty Insurance Group financial statements, every quarter
The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (SKWD's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 239 | 246* | 265 | 280 | 301 | 304* | 329 | 320 | 383 | 386* | 476 | 490 |
| Revenue from contracts with customers | 2 | 0* | 2 | 2 | 2 | 1* | 2 | 3 | 2 | year only | 3 | 5 |
| General and administrative | — | — | — | — | — | — | 4 | 3 | — | — | — | 4 |
| Interest expense | 3 | 3* | 3 | 2 | 2 | 2* | 2 | 2 | 2 | 2* | 8 | 9 |
| Income tax expense (benefit) | 6 | 8* | 10 | 9 | 10 | 4* | 9 | 11 | 15 | 11* | 12 | 15 |
| Net income (loss) | 22 | 29* | 37 | 31 | 37 | 14* | 42 | 39 | 46 | 43* | 50 | 49 |
| Earnings per share, basic USD per share | 0.59 | 0.77* | 0.94 | 0.79 | 0.91 | 0.34* | 1.05 | 0.96 | 1.13 | 1.07* | 1.12 | 1.10 |
| Earnings per share, diluted USD per share | 0.57 | 0.74* | 0.90 | 0.75 | 0.89 | 0.34* | 1.01 | 0.93 | 1.10 | 1.03* | 1.09 | 1.07 |
| Weighted average shares, basic millions of shares | 37 | 38* | 39 | 39 | 40 | 42* | 40 | 40 | 40 | 40* | 44 | 45 |
| Weighted average shares, diluted millions of shares | 38 | 40* | 41 | 41 | 41 | 42* | 42 | 42 | 42 | 42* | 45 | 46 |
Balance sheet
CSVFiscal quarters (SKWD's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 54 | 66 | 85 | 73 | 106 | 122 | 113 | 137 | 160 | 169 | 256 | 219 |
| Property and equipment, net | — | 9 | — | — | — | 12 | — | — | — | 15 | — | — |
| Right-of-use asset | — | 5 | — | — | — | 3 | — | — | — | — | — | — |
| Goodwill | — | 66 | — | — | — | 66 | 66 | 66 | — | 66 | 191 | 191 |
| Total assets | 2,851 | 2,953 | 3,187 | 3,435 | 3,599 | 3,729 | 4,031 | 4,336 | 4,594 | 4,792 | 6,547 | 6,781 |
| Total liabilities | 2,315 | 2,292 | 2,495 | 2,712 | 2,801 | 2,935 | 3,180 | 3,436 | 3,633 | 3,782 | 5,323 | 5,514 |
| Retained earnings (accumulated deficit) | (51) | (22) | 15 | 46 | 83 | 97 | 139 | 178 | 224 | 267 | 317 | 366 |
| Total stockholders' equity | 535 | 661 | 692 | 724 | 798 | 794 | 851 | 900 | 961 | 1,010 | 1,225 | 1,268 |
| Total liabilities and equity | 2,851 | 2,953 | 3,187 | 3,435 | 3,599 | 3,729 | 4,031 | 4,336 | 4,594 | 4,792 | 6,547 | 6,781 |
| Common shares outstanding (cover page) millions of shares | 38 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 44 | 41 | 44 |
Cash flows
CSVFiscal quarters (SKWD's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | 22 | 29* | 37 | 31 | 37 | 14* | 42 | 39 | 46 | 43* | 50 | 49 |
| Stock-based compensation | — | year only | — | — | — | year only | — | — | — | year only | — | — |
| Net cash from operating activities | 110* | 120* | 94 | 21* | 168* | 22* | 97 | 88* | 171* | 52* | 117 | 68* |
| Purchases of property and equipment | (1)* | 3* | 0 | 3* | 0* | 1* | 0 | 1* | 2* | 2* | — | — |
| Net cash from investing activities | (110)* | (186)* | (70) | (28)* | (130)* | (16)* | (101) | (69)* | (146)* | (51)* | (362) | (21)* |
| Proceeds from issuing common stock | — | year only | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | 0 | 0* | — | — | 9 | 11* |
| Proceeds from long-term debt | — | 0* | 50 | 0* | 57* | 0* | 0 | 0* | 0* | 43* | 371 | 0* |
| Repayments of long-term debt | 0* | 0* | 0 | 0* | 117* | 0* | 0 | 0* | 0* | 43* | — | — |
| Net cash from financing activities | 1* | 63* | (9) | 0* | 5* | 0* | 0 | 0* | 0* | 0* | 363 | (61)* |
| Net change in cash | 1* | (3)* | 15 | (7)* | 43* | 6* | (4) | 20* | 25* | 1* | 117 | (14)* |
Compare with peers
SIC 6331 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6331 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Skyward Specialty Insurance Group | 219 | 490 | 68* | 44.4M | — | 10-QJun 30, 2026 |
| SiriusPoint | 615 | 744 | (5.2)* | 116.2M | 118.2 quarters | 10-QJun 30, 2026 |
| Mercury General | 1,305 | 1,381 | 387* | 55.4M | — | 10-QSep 30, 2026 |
| Horace Mann Educators | 46 | 444 | 224* | 40.5M | — | 10-QJun 30, 2026 |
| HCI Group | 872 | 247 | 125* | 12.4M | — | 10-QJun 30, 2026 |
| Lemonade | 368 | 294 | (3.4)* | 77.4M | 110.8 quarters | 10-QJun 30, 2026 |
| Root | 510 | 389 | 58* | not reported | — | 10-QJun 30, 2026 |
| Slide Insurance Holdings | 701 | 361 | (43)* | 117.2M | — | 10-QSep 30, 2026 |
| Palomar Holdings | 63 | 314 | 167* | 26.3M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.