Skyward Specialty Insurance Group, Inc. (SKWD) — Financial statements
Income statement, balance sheet, and cash flow for Skyward Specialty Insurance Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,414↑23.2% | 1,148↑28.2% | 895↑40.7% | 636↑18.8% | 536 | |
| Cost of Revenue | 795↓3.0% | 820↑31.4% | 624↑33.2% | 468↑16.6% | 401 | |
| Gross Profit | 622↑89.7% | 328↑20.7% | 272↑61.5% | 168↑25.2% | 134 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 406↑131.6% | 175↑8.4% | 162↑36.4% | 118↑37.6% | 86 | |
| Operating Expenses | 406↑131.6% | 175↑8.4% | 162↑36.4% | 118↑37.6% | 86 | |
| Total Costs & Expenses | 1,197↑20.3% | 995↑26.7% | 785↑33.9% | 587↑20.3% | 488 | |
| Operating Results | ||||||
| Operating Income | 216↑41.7% | 153↑38.7% | 110↑121.2% | 50↑3.1% | 48 | |
| Depreciation & Amortization | 4↑5.3% | 3↓13.7% | 4↓5.0% | 4↓26.9% | 6 | |
| EBITDA | 228↑37.6% | 166↑33.5% | 124↑105.7% | 60↑3.0% | 59 | |
| EBIT | 224↑38.3% | 162↑35.1% | 120↑113.8% | 56↑6.2% | 53 | |
| Interest & Other Income | ||||||
| Net Interest Income | -8↑16.6% | -9↑5.3% | -10↓56.5% | -6↓38.6% | -5 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 8↓16.6% | 9↓5.3% | 10↑56.5% | 6↑38.6% | 5 | |
| Non-Operating Income | -8↑16.6% | -9↑5.3% | -10↓56.5% | -6↓38.6% | -5 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 216↑41.7% | 153↑38.7% | 110↑121.2% | 50↑3.1% | 48 | |
| Income Tax Expense | 46↑36.8% | 34↑40.6% | 24↑132.2% | 10↑4.0% | 10 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 170↑43.1% | 119↑38.2% | 86↑118.3% | 39↑2.8% | 38 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 170↑43.1% | 119↑38.2% | 86↑118.3% | 39↑2.8% | 38 | |
| Bottom-Line Net Income | 170↑43.1% | 119↑38.2% | 86↑118.3% | 39↑2.8% | 38 | |
| EPS (Basic) | 4.21↑42.2% | 2.96↑26.5% | 2.34↑122.9% | 1.05↓13.2% | 1.21 | |
| EPS (Diluted) | 4.07↑41.8% | 2.87↑28.1% | 2.24↑113.3% | 1.05↓11.0% | 1.18 | |
| Weighted Average Shares | 40↑1.0% | 40↑11.2% | 36↓4.2% | 38↑15.8% | 32 | |
| Weighted Average Diluted Shares | 42↑1.2% | 41↑8.0% | 38↑1.9% | 38↑15.8% | 32 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.