Growth Metrics

Skyward Specialty Insurance (SKWD) Cost of Revenue (2022 - 2025)

Skyward Specialty Insurance (SKWD) has disclosed Cost of Revenue for 4 consecutive years, with -$61.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 1177.66% to -$61.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $28.7 million, a 77.32% decrease, with the full-year FY2025 number at $28.7 million, up 13.23% from a year prior.
  • Cost of Revenue was -$61.3 million for Q4 2025 at Skyward Specialty Insurance, down from $7.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $75.4 million in Q2 2025 to a low of -$74.0 million in Q4 2023.
  • A 4-year average of $18.5 million and a median of $29.8 million in 2022 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: soared 107.69% in 2024, then crashed 1177.66% in 2025.
  • Skyward Specialty Insurance's Cost of Revenue stood at $29.7 million in 2022, then plummeted by 349.0% to -$74.0 million in 2023, then skyrocketed by 107.69% to $5.7 million in 2024, then plummeted by 1177.66% to -$61.3 million in 2025.
  • Per Business Quant, the three most recent readings for SKWD's Cost of Revenue are -$61.3 million (Q4 2025), $7.0 million (Q3 2025), and $75.4 million (Q2 2025).