Bowhead Specialty Holdings (BOW) Operating Expenses (2023 - 2026)

Bowhead Specialty Holdings' (BOW) quarterly Operating Expenses came in at $135.1 million in Q1 2026, up 464.49% year-on-year from $23.9 million in Q1 2025, and up 0.93% quarter-over-quarter from $133.9 million in Q4 2025.

Bowhead Specialty Holdings (BOW) Operating Expenses (2023 - 2026) Analysis & Trends

Bowhead Specialty Holdings has disclosed Operating Expenses across 4 years of filings, most recently posting $135.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $135.1 million, up 464.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $320.7 million (up 920.17% YoY), and the FY2025 annual result was $484.3 million, up 443.46% from the prior year.
  • Operating Expenses came in at $135.1 million for Q1 2026 at Bowhead Specialty Holdings, up from $133.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $205.8 million in Q4 2023 to a low of -$184.9 million in Q4 2024.
  • The 4-year median for Operating Expenses is $73.2 million (2023), against an average of $63.4 million.
  • Across the five-year window, Operating Expenses sank 189.85% in 2024 and jumped 464.49% in 2026, its largest moves.
  • Bowhead Specialty Holdings' Operating Expenses stood at $205.8 million in 2023, then sank by 189.85% to -$184.9 million in 2024, then surged by 172.39% to $133.9 million in 2025, then increased by 0.93% to $135.1 million in 2026.
  • The last three Operating Expenses figures came in at $135.1 million (Q1 2026), $133.9 million (Q4 2025), and $25.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 11.78 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 18.62 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 9.81 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 13.83 Bn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 3.07 Bn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 2.54 Bn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn 3.10 Bn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 4.09 Bn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 3.08 Bn
10 Bowhead Specialty Holdings 844.78 Mn 742.62 Mn - 135.12 Mn

Historic Data

Download Data
DateValue
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