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Bowhead Specialty Holdings BOW Change in deferred policy acquisition costs

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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$954.6M-22.4%
Enterprise value$959.59M
P/E16.4×-12.5×
P/S1.6×-1.1×

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:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

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 change in deferred policy acquisition costs?
Bowhead Specialty Holdings (BOW) reported change in deferred policy acquisition costs of $4.76M in Q1 2026.
How has Bowhead Specialty Holdings's change in deferred policy acquisition costs changed year-over-year?
Bowhead Specialty Holdings's change in deferred policy acquisition costs increased by 801.5% year-over-year, from $528K to $4.76M.
What is the long-term trend for Bowhead Specialty Holdings's change in deferred policy acquisition costs?
Over 2 years (2022 to 2025), Bowhead Specialty Holdings's change in deferred policy acquisition costs has grown at a 15.3% compound annual growth rate (CAGR), from $5.76M to $7.66M.
What does change in deferred policy acquisition costs mean?
This reflects the change in costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses, which are capitalized and amortized over the policy term. A significant change indicates shifts in the volume of new business written or changes in the cost structure of acquisition. It is a key metric for evaluating the profitability and growth trajectory of the underwriting business.