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

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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 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, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Expenses:
Losses and loss adjustment expenses276,741181,262541,964368,571
Underwriting, acquisition and insurance expenses123,28185,596247,895172,147
Fee‑based service expenses4,5628,732
Interest expense8,8121,87616,5313,710
Amortization expense8,84337217,686709
Other expenses3,7371,0026,9592,063
Total expenses425,976270,108839,767547,200

Item 1. Financial Statements

FAQ

What is Skyward Specialty Insurance Group, Inc.'s skyward specialty segment — fee‑based service expenses?
Skyward Specialty Insurance Group, Inc. (SKWD) reported skyward specialty segment — fee‑based service expenses of $0 in Q2 2026.
What does skyward specialty segment — fee‑based service expenses mean?
This metric represents the total operational costs incurred by the specialty insurance segment specifically related to providing fee-based services, such as claims administration or risk management consulting. It excludes core underwriting costs and reflects the overhead associated with non-risk-transfer revenue streams. Monitoring this helps investors evaluate the scalability and profitability of the company's service-oriented business lines.

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