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Bowhead Specialty Holdings BOW Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

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$1.01B+3.5%
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$857.25M-10.8%

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-20.2%
Enterprise value$959.59M
P/E16.4×-11.7×
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:DeferredPolicyAcquisitionCosts.

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 deferred policy acquisition costs?
Bowhead Specialty Holdings (BOW) reported deferred policy acquisition costs of $40.04M in Q1 2026.
How has Bowhead Specialty Holdings's deferred policy acquisition costs changed year-over-year?
Bowhead Specialty Holdings's deferred policy acquisition costs increased by 42.2% year-over-year, from $28.15M to $40.04M.
What is the long-term trend for Bowhead Specialty Holdings's deferred policy acquisition costs?
Over 4 years (2021 to 2025), Bowhead Specialty Holdings's deferred policy acquisition costs has grown at a 45.3% compound annual growth rate (CAGR), from $7.91M to $35.28M.
What does deferred policy acquisition costs mean?
This represents incremental costs directly related to the successful acquisition of new or renewed insurance contracts, such as commissions and premium taxes, which are capitalized and amortized over the life of the policy. It aligns the timing of acquisition expenses with the recognition of related premium revenue. Changes in this balance often reflect shifts in business growth and underwriting strategy.