Skyward Specialty Insurance Group, Inc.

SKWD Financial Insurance Property & Casualty

Skyward Specialty Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 23.2% from fiscal 2024.

Revenue
+53.0%
EPS
+14.6%
Free cash flow
−23.6%
Total debt
+317.6%

Quarter to June 2026, against a year earlier

62.07 1.18 +1.94%
Market cap
$2.7B
P/E
13.8×
Fwd P/E
13.6×
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Skyward Specialty Insurance Group, Inc. (SKWD) Gross margin

Alert me on Gross margin

Skyward Specialty Insurance Group, Inc.'s gross margin over the twelve months to 30 June 2026 was 44.1%, up 0.3 percentage points from fiscal 2025 (43.9%). Over the past ten years it has ranged from 35.6% (fiscal 2021) to 43.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Property & Casualty industry median of 41.7% and below the Financial sector median of 70.2%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 43.9% 2.11
FY2024 41.8% (0.07)
FY2023 41.8% 4.50
FY2022 37.3% 1.76
FY2021 35.6% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 43.5% (0.80)
Mar 2026 44.3% (0.57)
Dec 2025 44.8% 0.73
Sep 2025 44.1% 0.77
14 more quarters

Against its own ten years

Low 35.6% High 43.9%
Ten-year median 41.8%
Current reading's percentile 93

Gross margin against peers

Company Gross margin
PRCH Porch Group, Inc. compare 72.1%
SLDE Slide Insurance Holdings, Inc. compare 64.8%
HCI HCI Group, Inc. compare 59.7%
LMND Lemonade, Inc. compare 51.7%
HMN Horace Mann Educators Corporation compare 46.9%
SKWD Skyward Specialty Insurance Group, Inc. 44.1%
PLMR Palomar Holdings, Inc. compare 24.9%
SAFT Safety Insurance Group, Inc. compare 7.63%
KMPR Kemper Corporation compare −0.55%
Insurance Property & Casualty industry median 41.7%
Financial sector median 70.2%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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