What does apollo segment — fee‑based service expenses mean?

Captures the direct costs incurred in providing fee-based services within the Apollo segment, excluding traditional underwriting activities. These expenses relate to services where the company earns revenue through fees rather than insurance premiums. Tracking this helps assess the cost-to-serve for non-risk-bearing revenue streams.

Skyward Specialty Insurance Group, Inc. (SKWD) Apollo Segment — Fee‑based service expenses

Screener

Other segment segments

Skyward Specialty Segment

$0—

Similar metrics at other companies

LKQSelf Service Segment — Stock-based compensation expense

$750K+200%

CONReportable Segment — Services agreement fee

$1.6M-56.8%

PRAAEurope Segment — Outside Fees And Services Expenses

$5.06M+11.6%

ORCLServices Business — Services Segment Expenses

$1.04B+1.4%

STEPIncome-based incentive fees — Service fees

$7M+59.1%

AMTServices — Segment operating expenses

$33.4M-30.6%

Other financials

Income statement

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Revenue$489.5M+53.0%

Net income$49.0M+26.3%

EPS (diluted)$1.07+15.1%

Balance sheet

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Cash & equivalents$302.5M+74.7%

Total debt$3.2M-38.5%

Total equity$1.3B+40.9%

Total assets$6.8B+56.4%

Cash flow

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Operating cash flow$67.6M-23.3%

CapEx$1.7M+58.6%

Free cash flow$50.1M+140%

Valuation

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Market cap$2.58B+30.4%

P/E13.7×-1.3×

P/S1.5×-0.1×

Profitability

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Net margin10.8%+0.3pp

FCF margin28.4%+2.3pp

Returns & leverage

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Return on equity17.3%+1.1pp

Debt / equity0×0.0×

Where this comes from

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

Tagged under the XBRL concept skwd:FeebasedServiceExpenses.

The source filing: Skyward Specialty Insurance Group, Inc.’s 10-Q, filed August 7, 2026.

Filed: Aug 7, 2026, 4:58 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001519449-26-000054

($ in thousands, except share and per share amounts)	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
Expenses:
Losses and loss adjustment expenses	276,741	181,262	541,964	368,571
Underwriting, acquisition and insurance expenses	123,281	85,596	247,895	172,147
Fee‑based service expenses	4,562	—	8,732	—
Interest expense	8,812	1,876	16,531	3,710
Amortization expense	8,843	372	17,686	709
Other expenses	3,737	1,002	6,959	2,063
Total expenses	425,976	270,108	839,767	547,200

Item 1. Financial Statements

FAQ

What is Skyward Specialty Insurance Group, Inc.'s apollo segment — fee‑based service expenses?: Skyward Specialty Insurance Group, Inc. (SKWD) reported apollo segment — fee‑based service expenses of $4.56M in Q2 2026.
What does apollo segment — fee‑based service expenses mean?: Captures the direct costs incurred in providing fee-based services within the Apollo segment, excluding traditional underwriting activities. These expenses relate to services where the company earns revenue through fees rather than insurance premiums. Tracking this helps assess the cost-to-serve for non-risk-bearing revenue streams.