For the quarter ending 2025-09-30, SKWD made $382,526,000 in revenue. $58,106,000 in net income. Net profit margin of 15.19%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 382,526,000 | 319,903,000 | 328,527,000 | 284,685,000 |
| Losses and loss adjustment expenses | 213,780,000 | 181,262,000 | 187,309,000 | 170,117,000 |
| Underwriting, acquisition and insurance expenses | 101,676,000 | 85,596,000 | 86,551,000 | 77,630,500 |
| Interest expense | 1,919,000 | 1,876,000 | 1,834,000 | 2,409,000 |
| Amortization expense | 455,000 | 372,000 | 337,000 | 648,000 |
| Other expenses | 4,149,000 | 1,002,000 | 1,061,000 | 1,115,000 |
| Total expenses | 321,979,000 | 270,108,000 | 277,092,000 | 251,919,500 |
| Income before income taxes | 60,547,000 | 49,795,000 | 51,435,000 | 32,765,500 |
| Income tax expense | 14,646,000 | 10,956,000 | 9,377,000 | 7,170,500 |
| Net income | 45,901,000 | 38,839,000 | 42,058,000 | 25,595,000 |
| Net change in unrealized gains on investments, net of tax | 6,740,000 | 11,005,000 | 12,255,000 | - |
| Reclassification adjustment for gains (losses) on securities no longer held, net of tax | -5,465,000 | 3,624,000 | 182,000 | - |
| Net income attributable to participating securities | - | - | - | 0 |
| Total other comprehensive income | 12,205,000 | 7,381,000 | 12,073,000 | - |
| Net income attributable to common stockholders | - | - | - | 25,595,000 |
| Comprehensive income | 58,106,000 | 46,220,000 | 54,131,000 | - |
| Basic (in shares) | 40,487,069 | 40,445,391 | 40,196,416 | -19,609,663.5 |
| Basic earnings per share (in dollar per share) | 1.13 | 0.96 | 1.05 | 0.635 |
| Diluted (in shares) | 41,868,449 | 41,871,496 | 41,680,595 | -20,609,589.5 |
| Diluted earnings per share (in dollar per share) | 1.1 | 0.93 | 1.01 | 0.615 |
Skyward Specialty Insurance Group, Inc. (SKWD)
Skyward Specialty Insurance Group, Inc. (SKWD)