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Home›SKWD›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Skyward Specialty Insurance Group, Inc. (SKWD) financials

Income statement

Skyward Specialty Insurance Group, Inc. (SKWD) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$3.97M$5.20M$9.82M$10.7M$12.4M
Revenue growth—30.9%88.9%8.7%16.0%
Net income$38.3M$39.4M$86.0M$119M$170M
Net margin964.4%757.8%875.7%1113.0%1373.3%
EPS (diluted)$1.18$1.21$2.24$2.87$4.07

Cash flow

Skyward Specialty Insurance Group, Inc. (SKWD) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow$175M$209M$338M$305M$408M
Capital expenditures$2.15M$2.33M$3.11M$4.22M$5.45M
Free cash flow$173M$207M$335M$301M$403M

Balance sheet

Skyward Specialty Insurance Group, Inc. (SKWD) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$42.1M$45.4M$65.9M$122M$169M
Total assets$2.12B$2.36B$2.95B$3.73B$4.79B
Total liabilities$1.69B$1.94B$2.29B$2.94B$3.78B
Shareholders' equity$426M$422M$661M$794M$1.01B
Retained earnings-$145M-$105M-$21.7M$97.1M$267M
Shares (wtd avg diluted)32.5M32.7M38.3M41.4M41.8M

Every figure is extracted from Skyward Specialty Insurance Group, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Skyward Specialty Insurance Group, Inc.'s annual revenue?
Skyward Specialty Insurance Group, Inc. (SKWD) reported $12.4M of revenue for fiscal year 2025 — up 16.0% from $10.7M in FY2024, per its annual report filed with the SEC.
Is Skyward Specialty Insurance Group, Inc. profitable?
Yes — SKWD earned $170M of net income in FY2025, a 1373.3% net margin, per SEC filings.
What is Skyward Specialty Insurance Group, Inc.'s free cash flow?
$403M in FY2025 (operating cash flow $408M minus $5.45M of capital expenditures), from the SEC cash-flow statement.
Does SKWD pay a dividend?
Skyward Specialty Insurance Group, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SKWD analysis — verdict, score & filings →Is SKWD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.