Skyward Specialty Insurance (SKWD) Gross Margin (2022 - 2026)
Skyward Specialty Insurance (SKWD) reported Gross Margin of 86.15% for Q1 2026, down 223.0% year-over-year from 70.04% in Q1 2025, and down 12.24% quarter-over-quarter from 98.17% in Q4 2025.
Skyward Specialty Insurance (SKWD) Gross Margin (2022 - 2026) Analysis & Trends
Skyward Specialty Insurance (SKWD) has 5 years of Gross Margin data on file, last reported at 86.15% in Q1 2026.
- Gross Margin for Q1 2026 came in at 86.15%, down 223.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 94.35% (up 1279.0% YoY), and the FY2025 annual result was 97.8%, up 1186.0% from the prior year.
- Gross Margin declined to 86.15% in Q1 2026 per SKWD's latest filing, from 98.17% in the prior quarter.
- Over five years, Gross Margin peaked at 132.19% in Q4 2022 and troughed at 63.25% in Q4 2024.
- A 5-year average of 91.27% and a median of 84.92% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 6302 bps in 2024, then jumped 3491 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 132.19% in 2022, then fell by 4 bps to 126.28% in 2023, then plunged by 50 bps to 63.25% in 2024, then jumped by 55 bps to 98.17% in 2025, then declined by 12 bps to 86.15% in 2026.
- Business Quant data shows SKWD's Gross Margin at 86.15% in Q1 2026, 98.17% in Q4 2025, and 98.0% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 58.50% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 37.68% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 46.48% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 86.87% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 73.70% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 99.65% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 67.14% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -153.50% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 72.35% |
| 10 | Skyward Specialty Insurance | 2.04 Bn | 1.40 Bn | 373.92 Mn | 86.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.15% |
| Dec 31, 2025 | 98.17% |
| Sep 30, 2025 | 98.00% |
| Jun 30, 2025 | 97.45% |
| Mar 31, 2025 | 88.39% |
| Dec 31, 2024 | 63.25% |
| Sep 30, 2024 | 84.25% |
| Jun 30, 2024 | 97.54% |
| Mar 31, 2024 | 84.01% |
| Dec 31, 2023 | 126.28% |
| Sep 30, 2023 | 84.92% |
| Jun 30, 2023 | 84.06% |
| Mar 31, 2023 | 83.98% |
| Dec 31, 2022 | 132.19% |
| Sep 30, 2022 | 81.05% |
| Jun 30, 2022 | 79.69% |
| Mar 31, 2022 | 82.24% |