SKWD Q2 2023 Earnings — Skyward Specialty Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SKWDSkyward Specialty Insurance Group, Inc.

$2B

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$213M+49.7% YoY

Gross Profit

$65M30.6% margin

Operating Income

$25M11.8% margin

Net Income

$19M9.1% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$636,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.3B

Stockholders' Equity

$523M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$213M	$142M	+49.7%
Gross Profit	$65M	$36M	+83.2%
Operating Income	$25M	$6M	+293.5%
Net Income	$19M	$5M	+284.0%