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Skyward Specialty Insurance Group, Inc. SKWD Skyward Specialty Segment — Underwriting Income, Net

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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:UnderwritingIncomeNet.

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 skyward specialty segment — underwriting income, net?
Skyward Specialty Insurance Group, Inc. (SKWD) reported skyward specialty segment — underwriting income, net of $40.28M in Q1 2026.
What does skyward specialty segment — underwriting income, net mean?
This metric represents the net profit generated from insurance underwriting activities within the specialty segment, calculated as earned premiums minus incurred losses and underwriting expenses. It serves as a primary indicator of the segment's core profitability and the effectiveness of its risk selection and pricing strategies. A positive and growing underwriting income demonstrates the company's ability to price risk appropriately and maintain a sustainable insurance portfolio.