Skyward Specialty Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt Securities	2,225	1,889	1,331	1,061	660.04	505.47
Equity and Preferred Securities	1.14	1.17	106.25	118.25	120.17	117.97
Other Investments	542.4	410.22	433.2	434.8	302.16	325.92
Total Investments	2,744	2,301	1,871	1,614	1,082	949.36
Cash & Equivalents	316.43	199.11	157.53	100.34	125.01	107.27
Reinsurance Contract Assets	1,652	1,359	1,062	782.46	739	674.3
Deferred Acquisition Costs	193.7	136.1	113.18	91.96	68.94	59.46
Other Receivables	830.51	544.22	321.64	179.24	139.22	112.16
Goodwill	473.32	88.04	87.35	88.44	89.87	91.34
Other Assets	312.99	165.04	117.18	97.33	119.03	124.33
Total Assets	6,547	4,792	3,729	2,953	2,363	2,118
Unearned Premiums	1,015	774.04	637.19	552.53	442.51	363.29
Claims Reserves	2,919	2,319	1,782	1,315	1,142	979.55
Reinsurance Contract Liabilities	49.04	46.45	40.43	37.06	29.85	30.5
Accounts Payable	785.53	522.93	355.94	259.62	199.05	190.27
Total Debt	486	119.98	119.54	128.69	128.61	128.53
Other Liabilities	68.47	-	-	-	-	-
Total Liabilities	5,323	3,782	2,935	2,292	1,942	1,692
Preferred Stock	-	-	-	-	0.02	0.02
Common Stock	0.48	0.41	0.4	0.4	0.17	0.17
Treasury Stock	-8.67	-	-	-	-0	-0
Additional Paid-in Capital	922.31	730.56	718.6	705.29	570.38	566.07
Accumulated Other Comprehensive Income	-6.13	11.46	-22.12	-22.95	-43.49	4.64
Retained Earnings	316.88	267.15	97.12	-21.71	-105.42	-144.81
Total Common Shareholders' Equity	1,225	1,010	794	661.03	421.66	426.08
Shareholders' Equity	1,225	1,010	794	661.03	421.66	426.08
Total Liabilities & Equity	6,547	4,792	3,729	2,953	2,363	2,118
Book Value	1,225	1,010	794	661.03	421.66	426.08
Book Value Per Share	28.64	24.15	19.19	17.25	12.91	13.12
Tangible Book Value	751.57	921.53	706.65	572.6	331.79	334.74
Tangible Book Value Per Share	17.57	22.04	17.08	14.94	10.16	10.31

Updated May 11, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q