SKWD Q2 2024 Earnings — Skyward Specialty Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SKWDSkyward Specialty Insurance Group, Inc.

$2B

Q2 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$277M+30.4% YoY

Gross Profit

$82M29.7% margin

Operating Income

$40M14.6% margin

Net Income

$31M11.2% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$18M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.7B

Stockholders' Equity

$724M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$277M	$213M	+30.4%
Gross Profit	$82M	$65M	+26.5%
Operating Income	$40M	$25M	+61.3%
Net Income	$31M	$19M	+59.2%