BOW Q2 2024 Earnings — Bowhead Specialty Holdings Inc. Revenue & Financial Results | Market Cap Arena

BOWBowhead Specialty Holdings Inc.

$765M

Q2 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$99M+51.1% YoY

Gross Profit

$32M32.7% margin

Operating Income

$7M7.5% margin

Net Income

$6M5.6% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+9.1%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$71M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.1B

Stockholders' Equity

$340M

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$99M	$65M	+51.1%
Gross Profit	$32M	$23M	+40.0%
Operating Income	$7M	$8M	-12.4%
Net Income	$6M	$7M	-15.6%