Skyward Specialty Insurance (SKWD) Operating Expenses (2022 - 2026)

Skyward Specialty Insurance (SKWD) has 5 years of Operating Expenses data on file, last reported at $413.8 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $413.8 million, up 49.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 26.53% YoY), and the FY2025 annual result was $1.2 billion, up 20.32% from the prior year.
• Operating Expenses advanced to $413.8 million in Q1 2026 per SKWD's latest filing, from $330.9 million in the prior quarter.
• Over five years, Operating Expenses peaked at $413.8 million in Q1 2026 and troughed at $132.1 million in Q1 2022.
• A 5-year average of $234.1 million and a median of $218.0 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses gained 12.74% in 2025, then surged 49.33% in 2026.
• A 5-year view of Operating Expenses shows it stood at $161.4 million in 2022, then grew by 29.32% to $208.7 million in 2023, then soared by 36.95% to $285.8 million in 2024, then grew by 15.77% to $330.9 million in 2025, then climbed by 25.04% to $413.8 million in 2026.
• Business Quant data shows SKWD's Operating Expenses at $413.8 million in Q1 2026, $330.9 million in Q4 2025, and $322.0 million in Q3 2025.