Skyward Specialty Insurance Group Financial Statements
NASDAQ: SKWDFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Skyward Specialty Insurance Group revenue and earnings
In fiscal 2025, Skyward Specialty Insurance Group generated $1.42 billion in revenue, up 23.2% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $170.0 million (+43.1% year over year), for a net margin of 12.0% versus a median of 8.3% in the prior 4 years. Diluted earnings per share came in at $4.07, up from $2.87.
Over the last 4 fiscal years, SKWD's revenue has grown at a 26.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Skyward Specialty Insurance Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 |
|---|---|---|---|---|---|
| Revenue | 1.42B | 1.15B | 885.97M | 642.42M | 550.18M |
| Revenue growth (YoY) | +23.16% | +29.82% | +37.91% | +16.77% | — |
| Operating Expenses | 1.20B | 997.46M | 775.87M | 592.64M | 501.87M |
| Interest Expense | 7.92M | 9.50M | 10.02M | 6.41M | 4.62M |
| Pretax Income | 216.42M | 152.74M | 110.10M | 49.78M | 48.31M |
| Income Tax | 46.40M | 33.91M | 24.12M | 10.39M | 9.99M |
| Net Income | 170.03M | 118.83M | 85.98M | 39.40M | 38.32M |
| Net Income growth (YoY) | +43.09% | +38.20% | +118.26% | +2.82% | — |
| EPS (Basic) | 4.21 | 2.97 | 2.34 | 1.24 | 1.21 |
| EPS (Diluted) | 4.07 | 2.87 | 2.24 | 1.21 | 1.18 |
| Shares Outstanding (Basic) | 40.41M | 40.06M | 36.03M | 16.57M | 16.31M |
| Shares Outstanding (Diluted) | 41.81M | 41.38M | 38.32M | 32.65M | 32.47M |
| Net Margin | 12.00% | 10.33% | 9.71% | 6.13% | 6.96% |
This table shows 5 annual periods of Skyward Specialty Insurance Group's income statement, from FY 2025 back to FY 2021, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SKWD's reporting calendar. What is a income statement?