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Bowhead Specialty Holdings BOW Broker commission — Additions to deferred balance

Other product segments

Ceding Fees
$4.33M+84.2%
Others
$3.99M+526%

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Other financials

Income statement

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Revenue$155.7M+26.9%
Net income$16.0M+40.1%
EPS (diluted)$0.48+41.2%

Balance sheet

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Cash & equivalents$141.5M+14.6%
Total debt$146.5M
Total equity$457.9M+17.1%
Total assets$2.5B+41.4%

Cash flow

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Operating cash flow$65.5M+37.2%
CapEx$1.3M+4.5%
Free cash flow$64.2M+38.0%

Valuation

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Market cap$928M-22.4%
Enterprise value$932.99M
P/E15.9×-12.1×
P/S1.6×-1.0×

Profitability

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Net margin10%+0.7pp
FCF margin58.8%-6.0pp

Returns & leverage

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Return on equity13.8%
Debt / equity0.3×

Where this comes from

Reported directly by Bowhead Specialty Holdings in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAdditions.

The official record: Bowhead Specialty Holdings’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bowhead Specialty Holdings's broker commission — additions to deferred balance?
Bowhead Specialty Holdings (BOW) reported broker commission — additions to deferred balance of $32.74M in Q1 2026.
How has Bowhead Specialty Holdings's broker commission — additions to deferred balance changed year-over-year?
Bowhead Specialty Holdings's broker commission — additions to deferred balance increased by 34.5% year-over-year, from $24.35M to $32.74M.
What is the long-term trend for Bowhead Specialty Holdings's broker commission — additions to deferred balance?
Over 2 years (2022 to 2024), Bowhead Specialty Holdings's broker commission — additions to deferred balance has grown at a 43.4% compound annual growth rate (CAGR), from $47.73M to $98.19M.
What does broker commission — additions to deferred balance mean?
This metric represents the incremental amount of broker commissions capitalized as deferred acquisition costs during the reporting period. It reflects the upfront costs incurred to secure insurance contracts that are expected to provide future economic benefits over the life of the policies. Tracking this balance helps investors understand the company's investment in business acquisition and the timing of expense recognition relative to premium growth.