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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×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo.

The source filing: Skyward Specialty Insurance Group, Inc.’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 5:14 PM EST
Fiscal year
FY2025
Accession
0001519449-26-000015
Line itemYearsYearsYearsYearsYearsYearsYearsYearsYearsYears
1*2*3*4*5*6*7*8*9*10*
Short-Tail/Monoline Specialty Lines21.1%38.1%10.8%9.7%15.2%N/AN/AN/AN/AN/A
Multi-line Solutions23.9%21.6%15.6%13.6%10.5%4.8%1.9%2.4%1.3%0.1%
Exited Lines27.5%12.2%4.9%9.9%8.9%6.8%4.9%2.9%2.0%1.3%
*Supplementary information and unaudited

Item 8. Financial Statements and Supplementary Data

FAQ

What is Skyward Specialty Insurance Group, Inc.'s exited lines — year 2?
Skyward Specialty Insurance Group, Inc. (SKWD) reported exited lines — year 2 of 12.2% in Q4 2025.
What does exited lines — year 2 mean?
Reflects the financial performance or claim activity associated with the second year of development for insurance contracts within the exited lines segment. By tracking this, analysts can observe the progression of loss development and the accuracy of initial reserve estimates. It provides critical data for evaluating the long-term stability of the runoff portfolio.

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