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Skyward Specialty Insurance Group, Inc. SKWD Apollo Segment — Underwriting Expense

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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$2.21B-8.8%

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 skwd:UnderwritingExpense.

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 apollo segment — underwriting expense?
Skyward Specialty Insurance Group, Inc. (SKWD) reported apollo segment — underwriting expense of $63.9M in Q1 2026.
What does apollo segment — underwriting expense mean?
Measures the total costs directly attributable to the underwriting operations of the Apollo segment, including acquisition costs and administrative expenses. This metric is a critical component in calculating the segment's combined ratio and overall underwriting profitability. It reflects the efficiency of the segment's risk selection and operational management processes.