Skyward Specialty Insurance (SKWD) Interest Expenses (2021 - 2026)
Skyward Specialty Insurance (SKWD) posted quarterly Interest Expenses of $8.0 million for Q1 2026, up 337.57% year-over-year from $1.8 million in Q1 2025, and up 442.96% quarter-over-quarter from $1.5 million in Q4 2025.
Skyward Specialty Insurance (SKWD) Interest Expenses (2021 - 2026) Analysis & Trends
Skyward Specialty Insurance (SKWD) has reported Interest Expenses for 6 consecutive years, with $8.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 337.57% year-over-year to $8.0 million; the TTM figure through Mar 2026 stood at $8.0 million (up 181.68% YoY), while the FY2025 annual figure was $16.8 million, down 56.49% from the prior year.
- Interest Expenses climbed to $8.0 million in Q1 2026 per SKWD's latest filing, from $1.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $68.4 million in Q3 2023 and bottomed at -$2.6 million in Q4 2024.
- Historically, Interest Expenses has averaged $7.7 million across 5 years, with a median of $2.1 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses surged 3838.43% — and 2024, when it plunged 267.72%.
- Skyward Specialty Insurance's Interest Expenses stood at $2.5 million in 2022, then sank by 40.28% to $1.5 million in 2023, then slumped by 267.72% to -$2.6 million in 2024, then surged by 157.94% to $1.5 million in 2025, then surged by 442.96% to $8.0 million in 2026.
- Business Quant data shows SKWD's Interest Expenses at $8.0 million in Q1 2026, $1.5 million in Q4 2025, and $4.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.97 Bn | 121.21 Bn | 9.13 Bn | 209.00 Mn |
| 2 | Progressive | 124.79 Bn | 119.79 Bn | 9.04 Bn | 1.23 Bn |
| 3 | Travelers Companies | 79.39 Bn | 55.63 Bn | 4.83 Bn | 3.08 Bn |
| 4 | Allstate | 68.10 Bn | 29.37 Bn | 16.28 Bn | 538.00 Mn |
| 5 | Fairfax Financial Holdings | 35.48 Bn | 35.48 Bn | - | -430.70 Mn |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | 478.00 Mn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn | 2.40 Bn |
| 8 | Markel | 23.24 Bn | 6.35 Bn | 2.83 Bn | 433.97 Mn |
| 9 | Assurant | 14.10 Bn | 12.07 Bn | 2.71 Bn | 242.00 Mn |
| 10 | Skyward Specialty Insurance | 2.79 Bn | 2.18 Bn | 212.79 Mn | 24.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.99 Mn |
| Jun 30, 2026 | 24.99 Mn |
| Mar 31, 2026 | 8.03 Mn |
| Mar 31, 2026 | 8.03 Mn |
| Dec 31, 2025 | 1.48 Mn |
| Dec 31, 2025 | 1.48 Mn |
| Sep 30, 2025 | 4.15 Mn |
| Sep 30, 2025 | 4.15 Mn |
| Jun 30, 2025 | 24.73 Mn |
| Jun 30, 2025 | 24.73 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | -2.55 Mn |
| Dec 31, 2024 | -2.55 Mn |
| Sep 30, 2024 | 1.12 Mn |
| Sep 30, 2024 | 1.12 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 |