Growth & profitability
- Revenue has grown 32.9% per year over the past 4 years.
- Net income has grown faster than revenue (45.1% vs 32.9% per year).
- Free cash flow has grown 23.5% per year over the past 4 years.
SKWD Financials Skyward Specialty Insurance Group, Inc.
5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $12M | $170M | 0.0% | 0.0% | $403M | — | $169M |
| 2024 | $11M | $119M | 0.0% | 0.0% | $301M | — | $122M |
| 2023 | $10M | $86M | 0.0% | 0.0% | $335M | — | $66M |
| 2022 | $5M | $39M | 0.0% | 0.0% | $207M | — | $45M |
| 2021 | $4M | $38M | 0.0% | 0.0% | $173M | — | $42M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $3M | $50M | 0.0% | 0.0% | — | — | $256M |
| Dec '25 | $6M | $43M | 0.0% | 0.0% | $50M | — | $169M |
| Sep '25 | $2M | $46M | 0.0% | 0.0% | $169M | — | $160M |
| Jun '25 | $3M | $39M | 0.0% | 0.0% | $87M | — | $137M |
| Mar '25 | $3M | $42M | 0.0% | 0.0% | $97M | — | $113M |
| Dec '24 | $5M | $14M | 0.0% | 0.0% | $21M | — | $122M |
| Sep '24 | $2M | $37M | 0.0% | 0.0% | $168M | — | $106M |
| Jun '24 | $2M | $31M | 0.0% | 0.0% | $18M | — | $73M |
| Mar '24 | $2M | $37M | 0.0% | 0.0% | $94M | — | $85M |
| Dec '23 | $247000 | $29M | 0.0% | 0.0% | $117M | — | $66M |
| Sep '23 | $2M | $22M | 0.0% | 0.0% | $111M | — | $54M |
| Jun '23 | $2M | $19M | 0.0% | 0.0% | $686000 | — | $68M |
| Mar '23 | $1M | $16M | 0.0% | 0.0% | $107M | — | $41M |
| Dec '22 | $2M | $20M | 0.0% | 0.0% | — | — | $45M |
| Sep '22 | $1M | -$2M | 0.0% | 0.0% | — | — | — |
| Jun '22 | $2M | $5M | 0.0% | 0.0% | $18M | — | — |
| Mar '22 | $230000 | $16M | 0.0% | 0.0% | $45M | — | — |
Valuation over time
How the market has priced SKWD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 22.5× (Mar '23) to 13.2× (Jun '26).
- The price-to-sales ratio has risen from 170.5× (Mar '23) to 181.6× (Jun '26).
P/E
P/S
Frequently asked questions
Is SKWD growing its revenue and profit?
Over the past 4 years, Skyward Specialty Insurance Group, Inc.'s revenue has grown 32.9% per year, and net income grown 45.1% per year. These are computed facts, not advice.
How much debt does SKWD have?
As of FY2025, Skyward Specialty Insurance Group, Inc. reported — of total debt against $169M of cash.
What is SKWD's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 1373.3%.
What is SKWD's P/E ratio?
As of Jun '26, Skyward Specialty Insurance Group, Inc. traded at a price-to-earnings ratio of about 13.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.