Filing Flows › Bowhead Specialty Holdings (BOW) › Q2 2026 › vs Q1 2026
Bowhead Specialty Holdings (BOW) Q2 2026 vs Q1 2026 (quarter over quarter)
Bowhead Specialty Holdings's revenue rose $8.2M (+5%) from $156M in Q1 2026 to $164M in Q2 2026. Operating margin 12.6% against 13.2% (-0.6 pts).
Bowhead Specialty Holdings, Q2 2026: revenue $164M (+23% year over year), operating margin 12.6%, net earnings $16.1M, operating cash flow $93.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 12.6% | 13.2% | -0.6 pts |
| Net margin | 9.8% | 10.3% | -0.4 pts |
| Free cash flow margin | 56.5% | 41.2% | +15.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $164M | $156M | $8.2M | +5% |
| Operating profit | $20.7M | $20.6M | $90K | +0.4% |
| Costs & expenses | $143M | $135M | $8.1M | +6% |
| Pre-tax earnings | $20.7M | $20.6M | $90K | +0.4% |
| Net earnings | $16.1M | $16.0M | $128K | +0.8% |
| Income tax | $4.5M | $4.6M | −$38K | -0.8% |
| Depreciation & amortization | $712K | $617K | $95K | +15% |
| Share-based compensation | $2.9M | $2.4M | $559K | +24% |
| Working capital & other | $74.1M | $46.5M | $27.6M | +59% |
| Operating cash flow | $93.9M | $65.5M | $28.4M | +43% |
| Free cash flow (OCF − capex) | $92.5M | $64.2M | $28.4M | +44% |
| Capital expenditures | $1.4M | $1.3M | $68K | +5% |
Questions
How much did Bowhead Specialty Holdings's revenue grow quarter over quarter in Q2 2026?
Bowhead Specialty Holdings's revenue rose $8.2M (+5%) from $156M in Q1 2026 to $164M in Q2 2026. Operating margin 12.6% against 13.2% (-0.6 pts).