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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn 57.69%
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn 38.28%
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn 44.93%
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn 87.55%
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - -
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn 55.85%
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn 54.18%
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn 70.46%
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 78.34%
10 Skyward Specialty Insurance 2.75 Bn 2.13 Bn 212.79 Mn 43.47%

Historic Data

Download Data
DateValue
Jun 30, 2026 43.47%
Mar 31, 2026 86.15%
Dec 31, 2025 54.64%
Sep 30, 2025 39.23%
Jun 30, 2025 38.67%
Mar 31, 2025 42.99%
Dec 31, 2024 49.23%
Sep 30, 2024 43.33%
Jun 30, 2024 38.25%
Mar 31, 2024 45.69%
Dec 31, 2023 -120.10%
Sep 30, 2023 42.09%
Jun 30, 2023 82.74%
Mar 31, 2023 39.50%
Dec 31, 2022 -96.20%
Sep 30, 2022 81.05%
Jun 30, 2022 37.16%
Mar 31, 2022 80.87%