Skyward Specialty Insurance (SKWD) Interest Expenses (2022 - 2026)
Skyward Specialty Insurance (SKWD) posted quarterly Interest Expenses of $7.7 million for Q1 2026, up 320.88% YoY from $1.8 million in Q1 2025, and up 237.07% sequentially from $2.3 million in Q4 2025.
Skyward Specialty Insurance (SKWD) Interest Expenses (2022 - 2026) Analysis & Trends
Skyward Specialty Insurance has disclosed Interest Expenses across 5 years of filings, most recently posting $7.7 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 320.88% year-over-year to $7.7 million; the TTM figure through Mar 2026 stood at $13.8 million (up 60.46% YoY), while the FY2025 annual figure was $7.9 million, down 16.61% from the prior year.
- Interest Expenses climbed to $7.7 million in Q1 2026, from $2.3 million in the prior quarter.
- Over the last five years, Interest Expenses for SKWD reached as high as $7.7 million in Q1 2026 and fell as low as $1.2 million in Q1 2022.
- The 5-year median for Interest Expenses is $2.2 million (2023), against an average of $2.4 million.
- Annual changes were most pronounced in 2025 — Interest Expenses sank 32.75% — and 2026, when it surged 320.88%.
- A 5-year view of Interest Expenses shows it stood at $2.1 million in 2022, then soared by 30.42% to $2.8 million in 2023, then declined by 24.62% to $2.1 million in 2024, then advanced by 9.52% to $2.3 million in 2025, then soared by 237.07% to $7.7 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $7.7 million, $2.3 million, and $1.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 50.89 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 70.00 Mn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 198.00 Mn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 13.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 116.00 Mn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 98.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -211.60 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 113.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 13.22 Mn |
| 10 | Skyward Specialty Insurance | 2.65 Bn | 2.00 Bn | 373.92 Mn | 7.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.72 Mn |
| Mar 31, 2026 | 7.72 Mn |
| Dec 31, 2025 | 2.29 Mn |
| Dec 31, 2025 | 2.29 Mn |
| Sep 30, 2025 | 1.92 Mn |
| Sep 30, 2025 | 1.92 Mn |
| Jun 30, 2025 | 1.88 Mn |
| Jun 30, 2025 | 1.88 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Sep 30, 2024 | 2.23 Mn |
| Sep 30, 2024 | 2.23 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 2.73 Mn |
| Mar 31, 2024 | 2.73 Mn |
| Dec 31, 2023 | 2.77 Mn |
| Dec 31, 2023 | 2.77 Mn |