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Skyward Specialty Insurance Group (SKWD) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Skyward Specialty Insurance Group (SKWD) reported revenue of $490M for the second quarter 2026 (Q2 2026), +53% from a year earlier and +3% from the quarter before. Operating margin was 13.0%, net earnings $49.0M (10.0% of revenue).

Revenue$490M
Year over year+53%
Quarter over quarter+3%
Operating margin13.0%
Net earnings$49.0M

Skyward Specialty Insurance Group, Q2 2026: revenue $490M (+53% year over year), operating margin 13.0%, net earnings $49.0M, operating cash flow $67.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$490M+3%+53%
Operating profit$63.6M+2%+28%
Net earnings$49.0M-1%+26%
Operating cash flow$67.6M-42%-23%

What changed

Revenue was $489.5M in Q2 2026, up 53% year over year and up 3% from the previous quarter.

Operating profit was $63.6M, a 13.0% margin (down 2.6 points year over year). Of the extra revenue versus Q2 2025, 8% reached operating profit, below the 16% margin then. Total costs grew 58% against revenue growth of 53%. The fastest-growing cost line was Other operating costs (+58%). Net earnings were $49.0M, up 26% year over year. The effective tax rate was 22.8%.

Operating cash flow was $67.6M (down 23% year over year), 138% of net earnings. Working capital and other items added $18.6M.

Questions

What was Skyward Specialty Insurance Group's revenue in the second quarter 2026?

Skyward Specialty Insurance Group (SKWD) reported revenue of $490M for the second quarter 2026 (Q2 2026), +53% from a year earlier and +3% from the quarter before.

Was Skyward Specialty Insurance Group profitable in the second quarter 2026?

Operating profit was $63.6M (13.0% of revenue) and net earnings $49.0M.

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Source: Skyward Specialty Insurance Group 10-Q on SEC EDGAR.