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SKWD · NASDAQ · Insurance - Property & Casualty

Skyward Specialty (SKWD)

Underwrites niche commercial P&C risks in the U.S. and through Lloyd’s.

$55.91

After hours−0.04 (−0.07%)

At close$55.95(−0.61%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	239	249	264	277	302	304	331	321	382	386	396	477
Cost of revenue	173	167	176	195	208	241	232	226	263	270	265	277
Gross profit	67	81	88	82	94	63	99	95	119	116	130	200
	39	44	41	42	47	45	47	45	59	61	68	137
	0	0	0	0	0	0	0	0	0	0	4	4
General & administrative	0	0	0	0	0	0	0	0	0	0	4	4
Other expenses	39	44	41	42	47	45	47	45	59	61	64	132
Operating income	28	38	47	40	47	19	51	50	61	55	62	64
	0	0	0	0	0	0	0	0	0	0	0	0
Interest expense	3	3	3	2	2	2	2	2	2	2	8	9
Other non-operating income	−3	−3	−3	−2	−2	−2	−2	−2	−2	−2	−8	−9
Income before tax	28	38	47	40	47	19	51	50	61	55	62	64
Income tax expense	6	8	10	9	10	4	9	11	15	11	12	15
Net income from continuing operations	22	29	37	31	37	14	42	39	46	43	50	49
Net income	22	29	37	31	37	14	42	39	46	43	50	49
EPS, basic	$0.59	$0.78	$0.94	$0.79	$0.91	$0.36	$1.05	$0.96	$1.13	$1.07	$1.12	$1.10
EPS, diluted	$0.57	$0.74	$0.90	$0.75	$0.89	$0.35	$1.01	$0.93	$1.10	$1.03	$1.09	$1.07
Weighted average shares, basic	37	38	39	39	40	40	41	40	40	40	40	40
Weighted average shares, diluted	38	40	41	41	41	42	41	42	42	42	42	42
EBITDA	31	43	50	43	49	22	54	52	63	57	79	64
Depreciation & amortization	0	3	0	0	0	1	0	0	0	0	9	−9
EBIT	30	40	50	43	49	21	53	52	62	57	70	72