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Bowhead Specialty Holdings BOW Deferred Policy Acquisition Costs, Amortization Expense

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Segments

By product

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Broker commission$30.66M+29.6%
Ceding commission-$22.23M-29.9%
Ceding Fees$4.13M+69.1%
Others$1.33M+63.0%

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:DeferredPolicyAcquisitionCostAmortizationExpense.

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, amortization expense?
Bowhead Specialty Holdings (BOW) reported deferred policy acquisition costs, amortization expense of $13.89M in Q1 2026.
How has Bowhead Specialty Holdings's deferred policy acquisition costs, amortization expense changed year-over-year?
Bowhead Specialty Holdings's deferred policy acquisition costs, amortization expense increased by 41.8% year-over-year, from $9.8M to $13.89M.
What is the long-term trend for Bowhead Specialty Holdings's deferred policy acquisition costs, amortization expense?
Over 3 years (2022 to 2025), Bowhead Specialty Holdings's deferred policy acquisition costs, amortization expense has grown at a 45.2% compound annual growth rate (CAGR), from $15.19M to $46.51M.
What does deferred policy acquisition costs, amortization expense mean?
The systematic recognition of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses, over the life of the policy. This expense reflects the timing of costs relative to the recognition of earned premiums. It is a key metric for evaluating the efficiency of the company's sales and distribution operations.