Growth Metrics

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

Skyward Specialty Insurance has reported Operating Expenses over the past 5 years, most recently at $413.8 million for Q1 2026.

  • Quarterly Operating Expenses rose 49.33% to $413.8 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.3 billion through Mar 2026, up 26.53% year-over-year, with the annual reading at $1.2 billion for FY2025, 20.32% up from the prior year.
  • Operating Expenses was $413.8 million for Q1 2026 at Skyward Specialty Insurance, up 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.
  • The 5-year median for Operating Expenses is $218.0 million (2024), against an average of $234.1 million.
  • Year-over-year, Operating Expenses grew 12.74% in 2025 and 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 rose by 25.04% to $413.8 million in 2026.
  • Per Business Quant, the three most recent readings for SKWD's Operating Expenses are $413.8 million (Q1 2026), $330.9 million (Q4 2025), and $322.0 million (Q3 2025).