SKWD Q3 2023 Earnings — Skyward Specialty Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SKWDSkyward Specialty Insurance Group, Inc.

$2B

Q3 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$239M+47.7% YoY

Gross Profit

$67M27.8% margin

Operating Income

$28M11.6% margin

Net Income

$22M9.1% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

$111M

Free Cash Flow

$112M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.3B

Stockholders' Equity

$535M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$239M	$162M	+47.7%
Gross Profit	$67M	$33M	+102.9%
Operating Income	$28M	-$3M	+991.4%
Net Income	$22M	-$2M	+1005.0%