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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$1.12B+6.0%
Enterprise value$1.12B
P/E19.1×-2.2×
P/S1.9×-0.2×

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:LongTermDebt.

The source filing: Bowhead Specialty Holdings’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030616
Line itemMarch 31,2026December 31, 2025
Reserve for losses and loss adjustment expenses$1,220,800$1,129,936
Unearned premiums556,416552,594
Reinsurance balances payable59,08565,778
Debt146,515146,447
Income taxes payable6,213314
Accrued expenses11,08819,047
Other liabilities20,0167,986
Total liabilities2,020,1331,922,102

Item 1. Financial Statements (unaudited)

FAQ

What is Bowhead Specialty Holdings's long-term debt?
Bowhead Specialty Holdings (BOW) reported long-term debt of $146.52M in Q1 2026.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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