Skyward Specialty Insurance (SKWD) Gross Margin (2022 - 2026)
Skyward Specialty Insurance (SKWD) posted quarterly Gross Margin of 86.15% for Q1 2026, up 4317.0% year-over-year from 1.95% in Q1 2025, and up 57.68% quarter-over-quarter from 54.64% in Q4 2025.
Analysis
Skyward Specialty Insurance (SKWD) Gross Margin (2022 - 2026) Analysis & Trends
Skyward Specialty Insurance (SKWD) has reported Gross Margin for 5 consecutive years, with 86.15% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 4317.0% year-over-year to 86.15%; the TTM figure through Mar 2026 stood at 56.92% (up 1292.0% YoY), while the FY2025 annual figure was 43.88%, up 211.0% from the prior year.
- Gross Margin rose to 86.15% in Q1 2026 per SKWD's latest filing, from 54.64% in the prior quarter.
- Across five years, Gross Margin topped out at 86.15% in Q1 2026 and bottomed at 120.1% in Q4 2023.
- Historically, Gross Margin has averaged 34.43% across 5 years, with a median of 42.99% in 2025.
- On a YoY basis, Gross Margin climbed as much as 16934 bps in 2024 and fell as far as 4449 bps in 2024.
- Skyward Specialty Insurance's Gross Margin stood at 96.2% in 2022, then fell by 25 bps to 120.1% in 2023, then jumped by 141 bps to 49.23% in 2024, then gained by 11 bps to 54.64% in 2025, then surged by 58 bps to 86.15% in 2026.
- Business Quant data shows SKWD's Gross Margin at 86.15% in Q1 2026, 54.64% in Q4 2025, and 39.23% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.15 Bn | 120.38 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 130.62 Bn | 125.62 Bn | 9.04 Bn | 38.28% |
| 3 | Travelers Companies | 78.72 Bn | 54.97 Bn | 6.23 Bn | 51.27% |
| 4 | Allstate | 67.71 Bn | 28.98 Bn | 16.28 Bn | 87.55% |
| 5 | Fairfax Financial Holdings | 36.04 Bn | 36.04 Bn | - | - |
| 6 | Cincinnati Financial | 26.90 Bn | 25.01 Bn | 2.39 Bn | 55.85% |
| 7 | Markel | 23.18 Bn | 6.29 Bn | 2.83 Bn | 70.46% |
| 8 | Loews | 22.62 Bn | 325.52 Mn | 2.57 Bn | 54.18% |
| 9 | Assurant | 14.22 Bn | 12.19 Bn | 2.71 Bn | 78.34% |
| 10 | Skyward Specialty Insurance | 2.58 Bn | 1.97 Bn | 212.79 Mn | 43.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.47% |
| Mar 31, 2026 | 44.27% |
| Dec 31, 2025 | 44.84% |
| Sep 30, 2025 | 44.11% |
| Jun 30, 2025 | 43.34% |
| Mar 31, 2025 | 42.99% |
| Dec 31, 2024 | 35.51% |
| Sep 30, 2024 | 43.33% |
| Jun 30, 2024 | 43.18% |
| Mar 31, 2024 | 45.69% |
| Dec 31, 2023 | 44.21% |
| Sep 30, 2023 | 42.09% |
| Jun 30, 2023 | 40.91% |
| Mar 31, 2023 | 39.50% |
| Dec 31, 2022 | 41.84% |
| Sep 30, 2022 | 29.32% |
| Jun 30, 2022 | 37.16% |
| Mar 31, 2022 | 41.06% |