Skyward Specialty Insurance (SKWD) Gross Margin (2022 - 2026)

Skyward Specialty Insurance has disclosed Gross Margin across 5 years of filings, most recently posting 86.15% for Q1 2026.

• In Q1 2026, Gross Margin fell 223.0% year-over-year to 86.15%; the TTM figure through Mar 2026 stood at 94.35% (up 1279.0% YoY), while the FY2025 annual figure was 97.8%, up 1186.0% from the prior year.
• Gross Margin retreated to 86.15% in Q1 2026, from 98.17% in the prior quarter.
• Over the last five years, Gross Margin for SKWD reached as high as 132.19% in Q4 2022 and fell as low as 63.25% in Q4 2024.
• The 5-year median for Gross Margin is 84.92% (2023), against an average of 91.27%.
• Annual changes were most pronounced in 2024 — Gross Margin plunged 6302 bps — and 2025, when it jumped 3491 bps.
• 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 slumped 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.
• According to Business Quant data, Gross Margin over the past three periods registered 86.15%, 98.17%, and 98.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.