BOW Q1 2024 Earnings — Bowhead Specialty Holdings Inc. Revenue & Financial Results | Market Cap Arena

BOWBowhead Specialty Holdings Inc.

$765M

Q1 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$91M+53.4% YoY

Gross Profit

$30M32.9% margin

Operating Income

$9M10.0% margin

Net Income

$7M7.7% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$41M

Stock-Based Comp.

$225,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$913M

Stockholders' Equity

$201M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$91M	$59M	+53.4%
Gross Profit	$30M	$21M	+41.6%
Operating Income	$9M	$7M	+37.6%
Net Income	$7M	$5M	+40.2%