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

Skyward Specialty Insurance has disclosed Operating Margin across 5 years of filings, most recently posting 6.23% for Q1 2026.

• In Q1 2026, Operating Margin rose 32.0% year-over-year to 6.23%; the TTM figure through Mar 2026 stood at 6.35% (down 23.0% YoY), while the FY2025 annual figure was 6.41%, down 60.0% from the prior year.
• Operating Margin declined to 6.23% in Q1 2026, from 6.59% in the prior quarter.
• Over the last five years, Operating Margin for SKWD reached as high as 9.92% in Q1 2022 and fell as low as 2.45% in Q1 2023.
• The 5-year median for Operating Margin is 6.23% (2026), against an average of 5.95%.
• Annual changes were most pronounced in 2023 — Operating Margin sank 748 bps — and 2024, when it soared 530 bps.
• A 5-year view of Operating Margin shows it stood at 2.68% in 2022, then soared by 86 bps to 4.98% in 2023, then rose by 8 bps to 5.36% in 2024, then gained by 23 bps to 6.59% in 2025, then slipped by 5 bps to 6.23% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 6.23%, 6.59%, and 6.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.