For the quarter ending 2026-03-31, SKWD had $117,317K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 49,731 | 43,230 | 45,901 | 80,897 |
| Net investment (gains) losses | - | 22,149 | - | - |
| Depreciation and amortization expense | - | 3,535 | - | - |
| Stock-based compensation expense | - | 11,960 | - | - |
| Undistributed earnings (loss) from long-term investments | - | -10,122 | - | - |
| Net change in fair value of derivatives | - | 34,857 | - | - |
| Deferred income tax, net | - | -6,397 | - | - |
| Premiums receivable, net | - | 222,576 | - | - |
| Reinsurance recoverables, net | - | 262,004 | - | - |
| Ceded unearned premium | - | 35,047 | - | - |
| Deferred policy acquisition costs | - | 22,917 | - | - |
| Federal income taxes | - | -1,797 | - | - |
| Losses and loss adjustment expenses | - | 536,511 | - | - |
| Unearned premiums | - | 136,850 | - | - |
| Deferred ceding commission | - | 6,019 | - | - |
| Reinsurance and premium payables | - | 102,818 | - | - |
| Funds held for others | - | -25,338 | - | - |
| Accounts payable and accrued liabilities | - | 37,032 | - | - |
| Other, net | - | 27,987 | - | - |
| Adjustments to reconcile net income to net cash provided by operating activities | -162,704 | - | 125,467 | 104,043 |
| Net cash provided by operating activities | 116,537 | 51,768 | 171,368 | 184,940 |
| Net cash paid in acquisition | 303,035 | - | - | - |
| Purchase of fixed maturity securities, available-for-sale | 269,921 | 246,021 | 258,409 | 405,609 |
| Purchase of property and equipment | - | 1,707 | 2,460 | 1,287 |
| Purchase of illiquid investments | - | 0 | - | - |
| Purchase of equity securities | 0 | 0 | 587 | 12,626 |
| Purchase of equity method investments and other long-term investments | 283 | 3,592 | 383 | 2,839 |
| Purchase of intangible assets and goodwill | - | 0 | 0 | 2,000 |
| Investment in direct and indirect loans | 442 | 4,262 | 1,977 | 13,435 |
| Proceeds from the sales of (payments for the purchase of) property and equipment | 1,654 | - | - | - |
| Proceeds from the sales of fixed maturity securities, available-for-sale | 84,032 | 136,734 | 35,937 | 25,524 |
| Maturities, calls, transfers and paydowns of fixed maturity securities, available-for-sale | 50,210 | 61,190 | 62,133 | 60,628 |
| Maturities, calls and paydowns of fixed maturity securities held-to-maturity | 1,536 | 851 | 47 | 3,459 |
| Proceeds from the sales of equity securities | 0 | 0 | 59,243 | 67,495 |
| Sales of and distributions from equity method and other long-term investments | -13,628 | -2,628 | -544 | -8,730 |
| Change in short-term investments | -64,961 | 16,936 | 33,044 | -60,606 |
| Change in receivable/payable for securities | 9,525 | -11,928 | 0 | 0 |
| Cash provided by deposit accounting | 4,457 | -667 | -11,265 | 15,183 |
| Net cash used in investment activities | -361,844 | -51,330 | -146,267 | -169,301 |
| Proceeds from issuance of common stock | 200 | 0 | - | - |
| Payments on long term borrowings and trust preferred | - | 43,000 | 0 | 0 |
| Repayment of stock notes receivable | - | 0 | 0 | 0 |
| Proceeds from long term borrowings | 371,089 | 43,411 | 0 | 0 |
| Proceeds from initial public offering | - | 0 | - | - |
| Treasury stock acquired | 8,665 | - | - | - |
| Net cash provided by financing activities | 362,624 | 411 | 0 | 0 |
| Net increase in cash and cash equivalents and restricted cash | 117,317 | 849 | 25,101 | 15,639 |
| Cash and cash equivalents and restricted cash at beginning of period | 199,114 | 198,265 | 157,525 | - |
| Cash and cash equivalents and restricted cash at end of period | 316,431 | 199,114 | 198,265 | - |
Skyward Specialty Insurance Group, Inc. (SKWD)
Skyward Specialty Insurance Group, Inc. (SKWD)