Bowhead Specialty Holdings (BOW) Gross Margin (2023 - 2026)

Bowhead Specialty Holdings (BOW) posted Gross Margin of 41.24% for Q1 2026, up 28.14% sequentially from 32.19% in Q4 2025, and up 108.0% YoY from 19.83% in Q1 2025.

Bowhead Specialty Holdings (BOW) Gross Margin (2023 - 2026) Analysis & Trends

Bowhead Specialty Holdings has reported Gross Margin for 4 years, with the latest figure at 41.24% in Q1 2026.

  • Quarterly Gross Margin rose 108.0% year-over-year to 41.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.43% (up 286.0% YoY) and the FY2025 annual result came in at 33.29%, down 229.0% from the prior year.
  • Gross Margin grew to 41.24% in Q1 2026 per BOW's latest filing, from 32.19% in the prior quarter.
  • Over five years, Gross Margin peaked at 42.85% in Q2 2023 and troughed at 15.03% in Q4 2024.
  • A 4-year average of 35.65% and a median of 37.08% in 2023 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin sank 1572 bps in 2024, then surged 1715 bps in 2025.
  • Over 4 years, Gross Margin stood at 30.76% in 2023, then sank by 51 bps to 15.03% in 2024, then jumped by 114 bps to 32.19% in 2025, then rose by 28 bps to 41.24% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 41.24%, 32.19%, and 41.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn 57.69%
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn 38.28%
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn 44.93%
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn 87.55%
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - -
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn 55.85%
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn 54.18%
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn 70.46%
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 78.34%
10 Bowhead Specialty Holdings 1.10 Bn 958.67 Mn 66.91 Mn 40.84%

Historic Data

Download Data
DateValue
Jun 30, 2026 40.84%
Mar 31, 2026 41.24%
Dec 31, 2025 32.19%
Sep 30, 2025 41.22%
Jun 30, 2025 33.77%
Mar 31, 2025 40.17%
Dec 31, 2024 15.03%
Sep 30, 2024 41.91%
Jun 30, 2024 34.49%
Mar 31, 2024 34.54%
Dec 31, 2023 30.76%
Sep 30, 2023 39.62%
Jun 30, 2023 42.85%