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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$1.1B+8.5%
Enterprise value$1.11B
P/E18.9×-1.7×
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:WeightedAverageNumberOfDilutedSharesOutstanding.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Change in unrealized gain (loss) on investments (net of income tax benefit (expense) of $2,252 and $(1,972), respectively(8,472)7,418
Total comprehensive income$7,538$18,843
Earnings per share:
Basic$0.49$0.35
Diluted$0.48$0.34
Weighted average shares outstanding:
Basic32,807,10432,662,683
Diluted33,283,72733,711,924

Item 1. Financial Statements (unaudited)

FAQ

What is Bowhead Specialty Holdings's shares (diluted)?
Bowhead Specialty Holdings (BOW) reported shares (diluted) of 33.3M in Q1 2026.
How has Bowhead Specialty Holdings's shares (diluted) changed year-over-year?
Bowhead Specialty Holdings's shares (diluted) decreased by 1.3% year-over-year, from 33.7M to 33.3M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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