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Skyward Specialty Insurance Group, Inc. SKWD Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

W.R. Berkley logo
W.R. BerkleyWRB
$1.01B+3.5%
RLI logo
RLIRLI
$176.19M+3.9%
Arch Capital Group logo
Arch Capital GroupACGL
$1.77B-0.6%
Markel logo
MarkelMKL
$857.25M-10.8%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$119.17M+6.1%
SiriusPoint logo
SiriusPointSPNT
$403.4M+9.2%

Other financials

Income statement

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Revenue$475.9M+44.8%
Net income$49.7M+18.2%
EPS (diluted)$1.09+7.9%

Balance sheet

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Cash & equivalents$316.4M+106%
Total debt$3.2M-38.5%
Total equity$1.2B+44.0%
Total assets$6.5B+62.4%

Cash flow

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Operating cash flow$116.5M+20.4%
CapEx$1.7M+58.6%
Free cash flow$50.1M+140%

Valuation

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Market cap$2.14B-8.8%
P/E12.1×-6.9×
P/S1.4×-0.6×

Profitability

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Net margin11.4%+1.1pp
FCF margin28.4%+2.3pp

Returns & leverage

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Return on equity17.1%+1.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Skyward Specialty Insurance Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Skyward Specialty Insurance Group, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Skyward Specialty Insurance Group, Inc.'s deferred policy acquisition costs?
Skyward Specialty Insurance Group, Inc. (SKWD) reported deferred policy acquisition costs of $193.7M in Q1 2026.
How has Skyward Specialty Insurance Group, Inc.'s deferred policy acquisition costs changed year-over-year?
Skyward Specialty Insurance Group, Inc.'s deferred policy acquisition costs increased by 53.2% year-over-year, from $126.44M to $193.7M.
What is the long-term trend for Skyward Specialty Insurance Group, Inc.'s deferred policy acquisition costs?
Over 4 years (2021 to 2025), Skyward Specialty Insurance Group, Inc.'s deferred policy acquisition costs has grown at a 23.0% compound annual growth rate (CAGR), from $59.46M to $136.1M.
What does deferred policy acquisition costs mean?
This represents the incremental costs directly related to the successful acquisition of new or renewed insurance contracts, which are capitalized and amortized over the life of the policy. It reflects the company's investment in business growth and customer acquisition. Analyzing this metric helps investors understand the relationship between upfront marketing/commission expenses and long-term premium revenue.