The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 53,786 |
| Net realized investment gains (losses) | 43 |
| Amortization of premium/discounts on fixed maturity securities | 1,259 |
| Stockbased compensation | 7,235 |
| Depreciation and amortization | 1,779 |
| Amortization expense | 50 |
| Non-cash loss on extinguishment of credit facility | 819 |
| Non-cash lease expense | 1,230 |
| Deferred income taxes | -6,525 |
| Warrant expense | 3,142 |
| Accrued investment income | 3,438 |
| Premium balances receivable | 20,743 |
| Reinsurance recoverable | 144,604 |
| Prepaid reinsurance premiums | 39,254 |
| Deferred policy acquisition costs | 7,659 |
| Income taxes receivable | 2,487 |
| Other assets | 2,296 |
| Reserve for losses and loss expenses | 373,077 |
| Unearned premium | 105,744 |
| Reinsurance balances payable | 13,922 |
| Accrued expenses | 1,037 |
| Income taxes payable | -1,257 |
| Other liabilities | -669 |
| Net cash provided by operating activities | 331,587 |
| Fixed maturity securities | 828,159 |
| Short-term investments | 0 |
| Fixed maturity securities | 359,338 |
| Short-term investments | 10,000 |
| Purchase of property and equipment, net | 5,570 |
| Net cash used in investing activities | -464,391 |
| Capital contribution from parent | 0 |
| Taxes paid on withholding shares | 1,837 |
| Proceeds from initial public offering, net | 0 |
| Proceeds from debt | 150,000 |
| Payments related to loss extinguishment of credit facility | 44 |
| Debt issuance costs | 3,603 |
| Net cash provided by (used in) financing activities | 144,516 |
| Net change in cash, cash equivalents and restricted cash | 11,712 |
| Cash, cash equivalents and restricted cash, beginning of period | 222,058 |
| Cash, cash equivalents and restricted cash, end of period | 233,770 |
Bowhead Specialty Holdings Inc. (BOW)
Bowhead Specialty Holdings Inc. (BOW)