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    KWY

    KINGSWAY Corp

    Company overview

    Market capitalization
    $266.17M
    Employees
    569
    Latest publication
    2026-09-29
    About KINGSWAY Corp

    Kingsway Corporation through its subsidiaries, engages in the extended warranty and business services in the United States. It operates through two segments: Kingsway Search Xcelerator and Extended Warranty. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies, as well as after-market vehicle protection services. Its Kingsway Search Xcelerator segment offers finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, Securities and Exchange Commission reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. This segment also provides financial executive services for project and interim staffing engagements; search services for permanent placements; healthcare staffing services; software products for the management needs of all types of shared-ownership properties; and fully managed outsourced cardiac telemetry services, as well as provides mobile monitors to the hospitals. It also offers information technology managed services, as well as Electric Motor Solutions and Vertical Market Software services. The company offers its products and services through credit unions and dealers. The company was formerly known as Kingsway Financial Services Inc. and changed its name to Kingsway Corporation in May 2026. The company was incorporated in 1989 and is headquartered in Chicago, Illinois.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20252025-03-31 · USD
    Total Revenue39,442,000USD28,349,000USD
    Gross Profit17,123,000USD12,152,000USD
    General And Administrative Expenses16,838,000USD—
    Total Operating Expenses17,232,000USD30,829,000USD
    Operating Income-109,000USD-2,480,000USD
    Total Other Income Expense Net451,000USD44,000USD
    Interest Expense1,381,000USD1,230,000USD
    Depreciation And Amortization394,000USD—
    Income Before Tax342,000USD-3,356,000USD
    Income Tax Expense185,000USD—
    Net Income157,000USD-3,217,000USD
    Cost Of Revenue—16,197,000USD
    Selling General Administrative—12,722,000USD
    Unclassified Operating Expenses—18,107,000USD
    Interest Income—310,000USD
    Net Interest Income—-920,000USD
    Tax Provision—-264,000USD
    Net Income From Continuing Ops—-3,092,000USD
    Reconciled Depreciation—1,826,000USD
    Minority Interest—-125,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USD
    Total Assets227,833,000USD232,212,000USD231,499,000USD235,133,000USD207,697,000USD192,117,000USD
    Cash And Equivalents7,366,000USD—————
    Total Current Assets79,191,000USD78,109,000USD37,536,000USD41,111,000USD42,508,000USD—
    Other Current Assets6,294,000USD17,287,000USD7,965,000USD7,538,000USD7,378,000USD—
    Total Liabilities195,493,000USD—————
    Total Current Liabilities90,676,000USD84,966,000USD90,379,000USD91,989,000USD90,230,000USD—
    Other Non Current Liabilities10,158,000USD—————
    Total Stockholder Equity12,826,000USD29,401,000USD31,419,000USD32,899,000USD33,692,000USD19,703,000USD
    Total Equity Including Noncontrolling Interest15,344,000USD—————
    Deferred Revenue42,843,000USD—————
    Deferred Revenue Non Current47,117,000USD—————
    Property Plant Equipment Net6,610,000USD6,423,000USD13,368,000USD12,796,000USD4,240,000USD4,284,000USD
    Goodwill65,377,000USD—————
    Intangible Assets48,486,000USD50,913,000USD52,265,000USD54,918,000USD40,134,000USD41,883,000USD
    Short Term Debt22,789,000USD16,937,000USD————
    Common Stock296,000USD296,000USD296,000USD296,000USD294,000USD—
    Retained Earnings-377,104,000USD-376,163,000USD-373,370,000USD-371,335,000USD-368,520,000USD-364,892,000USD
    Accumulated Other Comprehensive Income54,000USD395,000USD-60,000USD-407,000USD-640,000USD—
    Total Liab—199,614,000USD197,087,000USD199,314,000USD172,089,000USD170,650,000USD
    Other Current Liab—64,121,000USD90,351,000USD91,914,000USD90,230,000USD—
    Capital Stock—16,546,000USD16,546,000USD16,546,000USD16,544,000USD14,250,000USD
    Good Will—69,808,000USD69,130,000USD69,544,000USD57,547,000USD57,430,000USD
    Cash—7,268,000USD8,306,000USD9,291,000USD12,079,000USD6,371,000USD
    Cash And Short Term Investments—44,391,000USD15,631,000USD16,898,000USD19,786,000USD—
    Net Debt—64,976,000USD69,710,000USD68,623,000USD49,079,000USD53,105,000USD
    Short Long Term Debt—15,847,000USD————
    Short Long Term Debt Total—72,244,000USD78,016,000USD77,914,000USD61,158,000USD—
    Long Term Debt—55,307,000USD70,712,000USD70,724,000USD58,332,000USD59,476,000USD
    Short Term Investments—37,123,000USD7,325,000USD7,607,000USD7,707,000USD7,391,000USD
    Net Receivables—16,431,000USD13,940,000USD16,675,000USD15,344,000USD10,861,000USD
    Accounts Payable—3,908,000USD————
    Property Plant Equipment Gross—9,331,000USD————
    Common Stock Shares Outstanding—28,626,000shares28,625,744shares28,508,000shares27,196,000shares27,093,849shares
    Non Current Assets Total—154,103,000USD193,963,000USD194,022,000USD165,189,000USD—
    Non Current Liabilities Total—114,648,000USD106,708,000USD107,325,000USD81,859,000USD—
    Non Current Liabilities Other—10,533,000USD————
    Non Currrent Assets Other—26,959,000USD24,882,000USD22,425,000USD28,957,000USD—
    Net Working Capital—-6,857,000USD————
    Unclassified Current Liabilities—-15,847,000USD————
    Unclassified Non Current Liabilities—48,808,000USD35,996,000USD36,601,000USD23,527,000USD—
    Unclassified Equity—388,327,000USD388,007,000USD387,799,000USD386,014,000USD370,345,000USD
    Long Term Investments——41,643,000USD41,946,000USD42,018,000USD41,265,000USD
    Unclassified Non Current Assets——-7,325,000USD-7,607,000USD-7,707,000USD—
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USD
    Total Assets231,499,000USD186,616,000USD197,717,000USD285,650,000USD
    Intangible Assets52,265,000USD40,049,000USD35,670,000USD33,099,000USD
    Other Current Assets7,965,000USD———
    Total Liab197,087,000USD168,314,000USD173,106,000USD263,529,000USD
    Total Stockholder Equity31,419,000USD16,663,000USD27,709,000USD21,684,000USD
    Other Current Liab90,351,000USD———
    Common Stock296,000USD———
    Capital Stock16,546,000USD8,531,000USD0USD6,013,000USD
    Retained Earnings-373,370,000USD-361,453,000USD-346,868,000USD-370,427,000USD
    Good Will69,130,000USD56,524,000USD50,358,000USD45,498,000USD
    Cash8,306,000USD5,493,000USD9,098,000USD64,168,000USD
    Cash And Short Term Investments15,631,000USD———
    Total Current Assets37,536,000USD———
    Total Current Liabilities90,379,000USD———
    Net Debt69,710,000USD52,044,000USD35,318,000USD37,924,000USD
    Short Long Term Debt Total78,016,000USD———
    Long Term Debt70,712,000USD57,537,000USD44,416,000USD102,092,000USD
    Long Term Investments41,643,000USD41,337,000USD41,875,000USD56,733,000USD
    Short Term Investments7,325,000USD37,132,000USD6,083,000USD37,748,000USD
    Net Receivables13,940,000USD9,361,000USD10,083,000USD10,304,000USD
    Property Plant Equipment Net13,368,000USD3,957,000USD2,736,000USD1,684,000USD
    Accumulated Other Comprehensive Income-60,000USD———
    Common Stock Shares Outstanding27,862,000shares27,136,749shares27,101,613shares23,190,080shares
    Non Current Assets Total193,963,000USD———
    Non Current Liabilities Total106,708,000USD———
    Non Currrent Assets Other24,882,000USD———
    Unclassified Non Current Assets-7,325,000USD———
    Unclassified Non Current Liabilities35,996,000USD———
    Unclassified Equity388,007,000USD369,585,000USD374,577,000USD386,098,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20102010-12-31 · USD
    Net Income-2,268,000USD-1,584,000USD-2,411,000USD-3,165,000USD-3,217,000USD-46,300,000USD
    Depreciation2,472,000USD2,837,000USD2,691,000USD1,871,000USD1,826,000USD—
    Stock Based Compensation320,000USD330,000USD630,000USD340,000USD421,000USD—
    Other Non Cash Items60,000USD151,888USD260,207USD-219,671USD91,000USD—
    Change To Account Receivables-2,591,000USD827,000USD935,922USD475,000USD-1,442,000USD—
    Change In Working Capital-382,000USD-396,000USD2,477,570USD1,707,000USD-850,000USD—
    Total Cash From Operating Activities-8,000USD-10,112USD1,494,777USD310,329USD-1,798,000USD—
    Capital Expenditures-390,000USD-707,708USD-667,277USD-183,419USD-63,000USD0USD
    Free Cash Flow-398,000USD-717,820USD827,500USD126,910USD-1,861,000USD—
    Investments-350,000USD778,000USD308,000USD-338,000USD333,000USD—
    Total Cashflows From Investing Activities-994,000USD673,616USD-16,421,199USD-10,743,657USD——
    Net Borrowings108,000USD-357,000USD12,405,000USD-1,725,000USD735,000USD—
    Total Cash From Financing Activities-220,000USD-1,271,109USD12,120,000USD15,654,000USD5,804,000USD—
    Dividends Paid-328,000USD-350,000USD-285,000USD-223,000USD-166,000USD—
    Sale Purchase Of Stock0USD4,524USD1,048USD-6,298USD-345,000USD—
    Issuance Of Capital Stock0USD0USD0USD17,602,000USD6,000,000USD—
    Change In Cash-1,222,000USD-558,000USD-2,628,000USD5,497,000USD824,000USD—
    Begin Period Cash Flow16,271,000USD16,829,000USD19,457,000USD13,960,000USD13,136,000USD—
    End Period Cash Flow15,049,000USD16,271,000USD16,829,000USD19,457,000USD13,960,000USD13,136,000USD
    Other Cashflows From Investing Activities27,000USD534,616USD-393,199USD———
    Other Cashflows From Financing Activities—-108,645USD70,666USD2,000,000USD——
    Unclassified Operating Cash Flow—-1,349,000USD-2,153,000USD———
    Unclassified Investing Cash Flow——-15,668,723USD-10,222,238USD——
    Unclassified Financing Cash Flow———15,608,298USD5,580,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20092009-12-31 · USDFY 20082008-12-31 · USDFY 20072007-12-31 · USD
    Net Income-10,252,000USD-9,272,000USD23,559,000USD24,722,000USD-290,300,000USD-405,865,000USD-18,526,000USD
    Depreciation9,225,000USD6,997,000USD6,220,000USD6,449,000USD———
    Stock Based Compensation1,721,000USD1,785,000USD1,639,000USD4,052,000USD———
    Other Non Cash Items3,376,000USD940,000USD-29,748,000USD21,485,000USD———
    Change To Account Receivables779,000USD1,270,000USD1,123,000USD-136,000USD———
    Change In Working Capital2,904,000USD-1,399,000USD-24,342,000USD4,875,000USD———
    Total Cash From Operating Activities-3,000USD1,067,000USD-26,186,000USD-14,574,000USD———
    Capital Expenditures-1,618,000USD-709,000USD-205,000USD0USD0USD0USD0USD
    Free Cash Flow-1,621,000USD358,000USD-26,391,000USD-14,574,000USD———
    Investments1,081,000USD162,000USD5,488,000USD-4,442,000USD———
    Total Cashflows From Investing Activities-29,611,000USD——————
    Net Borrowings11,058,000USD13,023,000USD-43,908,000USD1,043,000USD———
    Total Cash From Financing Activities32,749,000USD11,879,000USD-39,353,000USD-5,574,000USD———
    Dividends Paid-1,024,000USD-13,000USD0USD————
    Sale Purchase Of Stock-345,000USD-2,504,000USD-3,204,000USD0USD———
    Issuance Of Capital Stock23,602,000USD8,250,000USD0USD————
    Change In Cash3,135,000USD——————
    Begin Period Cash Flow13,136,000USD18,110,000USD77,802,000USD29,899,000USD———
    End Period Cash Flow16,271,000USD13,136,000USD17,498,000USD77,232,000USD29,899,000USD——
    Other Cashflows From Investing Activities-46,000USD——————
    Other Cashflows From Financing Activities7,458,000USD——————
    Unclassified Operating Cash Flow-6,977,000USD2,016,000USD-3,514,000USD-76,157,000USD———
    Unclassified Investing Cash Flow-29,028,000USD——————
    Unclassified Financing Cash Flow15,602,000USD1,373,000USD7,759,000USD-6,617,000USD———
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30SegmentExtended Warranty17,098,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentKingsway Search Xcelerator22,344,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31SegmentExtended Warranty17,852,000USD0001437749-26-015567
    Q1 2026Quarterly · 2026-03-31SegmentKingsway Search Xcelerator21,107,000USD0001437749-26-015567
    Q1 2025Quarterly · 2025-03-31SegmentExtended Warranty16,670,000USD0001437749-26-015567
    Q1 2025Quarterly · 2025-03-31SegmentKingsway Search Xcelerator11,679,000USD0001437749-26-015567
    Q3 2023Quarterly · 2023-09-30SegmentExtended Warranty17,254,000USD0001437749-23-030641
    Q3 2023Quarterly · 2023-09-30SegmentKingsway Search Xcelerator7,536,000USD0001437749-23-030641
    Q2 2023Quarterly · 2023-06-30SegmentExtended Warranty17,043,000USD0001437749-23-022509
    Q2 2023Quarterly · 2023-06-30SegmentKingsway Search Xcelerator9,154,000USD0001437749-23-022509
    Q1 2023Quarterly · 2023-03-31SegmentExtended Warranty16,671,000USD0001437749-23-013289
    Q1 2023Quarterly · 2023-03-31SegmentKingsway Search Xcelerator9,718,000USD0001437749-23-013289
    Q3 2022Quarterly · 2022-09-30SegmentExtended Warranty18,578,000USD0001437749-23-030641
    Q3 2022Quarterly · 2022-09-30SegmentKingsway Search Xcelerator3,818,000USD0001437749-23-030641
    Q2 2022Quarterly · 2022-06-30SegmentExtended Warranty19,444,000USD0001437749-23-022509
    Q2 2022Quarterly · 2022-06-30SegmentKingsway Search Xcelerator4,146,000USD0001437749-23-022509
    FY 2021Yearly · 2021-12-31SegmentExtended Warranty74,919,000USD0001437749-22-004674
    FY 2021Yearly · 2021-12-31SegmentKingsway Search Xcelerator3,482,000USD0001437749-22-004674
    FY 2021Yearly · 2021-12-31SegmentLeased Real Estate13,365,000USD0001437749-22-004674
    FY 2020Yearly · 2020-12-31SegmentExtended Warranty47,607,000USD0001437749-22-004674
    FY 2020Yearly · 2020-12-31SegmentKingsway Search Xcelerator0USD0001437749-22-004674
    FY 2020Yearly · 2020-12-31SegmentLeased Real Estate13,365,000USD0001437749-22-004674
    FY 2019Yearly · 2019-12-31SegmentCorporate-27,000USD0001072627-20-000075
    FY 2019Yearly · 2019-12-31SegmentExtended Warranty46,306,000USD0001072627-20-000075
    FY 2019Yearly · 2019-12-31SegmentLeased Real Estate13,642,000USD0001072627-20-000075
    FY 2018Yearly · 2018-12-31SegmentCorporate-213,000USD0001072627-20-000075
    FY 2018Yearly · 2018-12-31SegmentExtended Warranty38,457,000USD0001072627-20-000075
    FY 2018Yearly · 2018-12-31SegmentLeased Real Estate13,611,000USD0001072627-20-000075
    FY 2018Yearly · 2018-12-31SegmentOther213,000USD0001072627-20-000075
    FY 2017Yearly · 2017-12-31SegmentCorporate35,000USD0001072627-20-000034
    FY 2017Yearly · 2017-12-31SegmentOperating Segments44,578,000USD0001072627-20-000034
    FY 2016Yearly · 2016-12-31SegmentCorporate53,000USD0001072627-18-000030
    FY 2016Yearly · 2016-12-31SegmentOperating Segments167,864,000USD0001072627-18-000030
    FY 2016Yearly · 2016-12-31SegmentOther8,713,000USD0001072627-18-000030
    FY 2015Yearly · 2015-12-31SegmentCorporate5,000USD0001072627-16-000118
    FY 2015Yearly · 2015-12-31SegmentOperating Segments — Property Liability And Casualty Insurance126,370,000USD0001072627-16-000118
    FY 2015Yearly · 2015-12-31SegmentOperating Segments — Z6400to Z649923,334,000USD0001072627-16-000118
    FY 2015Yearly · 2015-12-31SegmentOther10,257,000USD0001072627-16-000118
    FY 2014Yearly · 2014-12-31SegmentCorporate7,000USD0001072627-16-000118
    FY 2014Yearly · 2014-12-31SegmentOperating Segments — Property Liability And Casualty Insurance121,957,000USD0001072627-16-000118
    FY 2014Yearly · 2014-12-31SegmentOperating Segments — Z6400to Z649925,066,000USD0001072627-16-000118
    FY 2014Yearly · 2014-12-31SegmentOther11,194,000USD0001072627-16-000118

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.