Bowhead Specialty Holdings (BOW) Operating Expenses (2023 - 2026)
Bowhead Specialty Holdings (BOW) posted Operating Expenses of $135.1 million for Q1 2026, up 0.93% sequentially from $133.9 million in Q4 2025, and up 464.49% YoY from $23.9 million in Q1 2025.
Bowhead Specialty Holdings (BOW) Operating Expenses (2023 - 2026) Analysis & Trends
Bowhead Specialty Holdings (BOW) has 4 years of Operating Expenses data on file, last reported at $135.1 million in Q1 2026.
- Quarterly Operating Expenses rose 464.49% year-over-year to $135.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $320.7 million (up 920.17% YoY) and the FY2025 annual result came in at $484.3 million, up 443.46% from the prior year.
- Operating Expenses grew to $135.1 million in Q1 2026 per BOW's latest filing, from $133.9 million in the prior quarter.
- The five-year high for Operating Expenses was $205.8 million in Q4 2023, with the low at -$184.9 million in Q4 2024.
- Average Operating Expenses over 4 years is $63.4 million, with a median of $73.2 million recorded in 2023.
- Year-over-year, Operating Expenses tumbled 189.85% in 2024 and surged 464.49% in 2026.
- Bowhead Specialty Holdings' Operating Expenses stood at $205.8 million in 2023, then slumped by 189.85% to -$184.9 million in 2024, then surged by 172.39% to $133.9 million in 2025, then advanced by 0.93% to $135.1 million in 2026.
- Business Quant data shows BOW's Operating Expenses at $135.1 million in Q1 2026, $133.9 million in Q4 2025, and $25.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 3.10 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 11.78 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 2.54 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 9.81 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 13.83 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -108.20 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 17.90 Mn |
| 10 | Bowhead Specialty Holdings | 1.02 Bn | 921.42 Mn | - | 135.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 135.12 Mn |
| Dec 31, 2025 | 133.87 Mn |
| Sep 30, 2025 | 25.84 Mn |
| Jun 30, 2025 | 25.85 Mn |
| Mar 31, 2025 | 23.94 Mn |
| Dec 31, 2024 | -184.93 Mn |
| Sep 30, 2024 | 100.94 Mn |
| Jun 30, 2024 | 91.49 Mn |
| Mar 31, 2024 | 81.62 Mn |
| Dec 31, 2023 | 205.83 Mn |
| Sep 30, 2023 | 64.83 Mn |
| Jun 30, 2023 | 56.99 Mn |