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Skyward Specialty Insurance (SKWD) Operating Expenses (2022 - 2025)

Skyward Specialty Insurance (SKWD) has disclosed Operating Expenses for 4 consecutive years, with $330.9 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 15.77% to $330.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.2 billion, a 20.32% increase, with the full-year FY2025 number at $1.2 billion, up 20.32% from a year prior.
  • Operating Expenses was $330.9 million for Q4 2025 at Skyward Specialty Insurance, up from $322.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $330.9 million in Q4 2025 to a low of $49.9 million in Q4 2022.
  • A 4-year average of $215.9 million and a median of $214.7 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 318.18% in 2023, then grew 12.74% in 2025.
  • Skyward Specialty Insurance's Operating Expenses stood at $49.9 million in 2022, then soared by 318.18% to $208.7 million in 2023, then skyrocketed by 36.95% to $285.8 million in 2024, then increased by 15.77% to $330.9 million in 2025.
  • Per Business Quant, the three most recent readings for SKWD's Operating Expenses are $330.9 million (Q4 2025), $322.0 million (Q3 2025), and $270.1 million (Q2 2025).