Skyward Specialty Insurance Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.42B | $1.15B | $886.0M | $642.4M | $550.2M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Gross Margin | — | — | — | — | — |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — |
| Operating Income | $224.3M | $162.2M | $120.1M | $56.2M | $52.9M |
| Operating Margin | 15.8% | 14.1% | 13.6% | 8.7% | 9.6% |
| Interest Expense | $7.9M | $9.5M | $10.0M | $6.4M | $4.6M |
| Pretax Income | $216.4M | $152.7M | $110.1M | $49.8M | $48.3M |
| Income Tax Expense | $46.4M | $33.9M | $24.1M | $10.4M | $10.0M |
| Net Income | $170.0M | $118.8M | $86.0M | $39.4M | $38.3M |
| Net Margin | 12.0% | 10.3% | 9.7% | 6.1% | 7.0% |
| 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) | 40.4M | 40.1M | 36.0M | 16.6M | 16.3M |
| Shares Outstanding (Diluted) | 41.8M | 41.4M | 38.3M | 32.7M | 32.5M |
| Dividends Per Share | — | — | — | — | — |