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Skyward Specialty Insurance Group, Inc. SKWD Reportable Segment — Transaction costs

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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+26.9%
P/E13.7×-1.7×
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 skwd:TransactionCosts.

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
($ in thousands, except share and per share amounts)Years Ended December 31, 2025Years Ended December 31, 20242023
Expenses:
Losses and loss adjustment expenses795,022669,809515,237
Underwriting, acquisition and insurance expenses377,359311,757243,444
Transaction costs14,019
Interest expense7,9199,49610,024
Amortization expense1,6362,0071,798
Other expenses4,1624,3925,364
Total expenses1,200,117997,461775,867

Item 8. Financial Statements and Supplementary Data

FAQ

What is Skyward Specialty Insurance Group, Inc.'s reportable segment — transaction costs?
Skyward Specialty Insurance Group, Inc. (SKWD) reported reportable segment — transaction costs of $3.5M in Q4 2025.
What does reportable segment — transaction costs mean?
Reflects the direct costs associated with specific corporate actions, such as acquisitions, mergers, or divestitures, attributed to the reportable segment. Monitoring these costs helps investors distinguish between core operational performance and one-time strategic expenditures.

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