SKWD Q1 2023 Earnings — Skyward Specialty Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SKWDSkyward Specialty Insurance Group, Inc.

$2B

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$195M+35.6% YoY

Gross Profit

$58M30.0% margin

Operating Income

$20M10.1% margin

Net Income

$16M8.0% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$107M

Free Cash Flow

$107M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.1B

Stockholders' Equity

$507M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$143M	+35.6%
Gross Profit	$58M	$40M	+46.0%
Operating Income	$20M	$21M	-4.2%
Net Income	$16M	$16M	-4.6%