SKWD Q1 2024 Earnings — Skyward Specialty Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SKWDSkyward Specialty Insurance Group, Inc.

$2B

Q1 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$264M+35.6% YoY

Gross Profit

$88M33.3% margin

Operating Income

$47M17.8% margin

Net Income

$37M13.9% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$94M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.5B

Stockholders' Equity

$692M

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$195M	+35.6%
Gross Profit	$88M	$58M	+50.5%
Operating Income	$47M	$20M	+138.2%
Net Income	$37M	$16M	+136.5%