Skyward Specialty Insurance (SKWD) Interest Expenses (2022 - 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.
Analysis
Skyward Specialty Insurance (SKWD) Interest Expenses (2022 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.06 Bn | 120.29 Bn | 9.13 Bn | 66.00 Mn |
| 2 | Progressive | 130.19 Bn | 125.19 Bn | 9.04 Bn | 544.00 Mn |
| 3 | Travelers Companies | 78.69 Bn | 54.94 Bn | 6.23 Bn | 61.00 Mn |
| 4 | Allstate | 67.53 Bn | 28.80 Bn | 16.28 Bn | 96.00 Mn |
| 5 | Fairfax Financial Holdings | 36.25 Bn | 36.25 Bn | - | 518.10 Mn |
| 6 | Cincinnati Financial | 26.84 Bn | 24.95 Bn | 2.39 Bn | 18.00 Mn |
| 7 | Markel | 23.08 Bn | 6.20 Bn | 2.83 Bn | 52.39 Mn |
| 8 | Loews | 22.56 Bn | 256.68 Mn | 2.57 Bn | 103.00 Mn |
| 9 | Assurant | 14.23 Bn | 12.19 Bn | 2.71 Bn | 28.40 Mn |
| 10 | Skyward Specialty Insurance | 2.56 Bn | 1.95 Bn | 212.79 Mn | 8.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.81 Mn |
| Mar 31, 2026 | 7.72 Mn |
| Dec 31, 2025 | 3.14 Mn |
| Sep 30, 2025 | 4.15 Mn |
| Jun 30, 2025 | 1.88 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | 2.43 Mn |
| Sep 30, 2024 | 2.23 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 2.73 Mn |
| Dec 31, 2023 | 964,000.00 |
| Sep 30, 2023 | 1.01 Mn |
| Jun 30, 2023 | 941,000.00 |
| Mar 31, 2023 | 982,000.00 |
| Dec 31, 2022 | 629,000.00 |
| Sep 30, 2022 | 1.74 Mn |
| Jun 30, 2022 | 1.37 Mn |
| Mar 31, 2022 | 1.18 Mn |