Filing Flows › Skyward Specialty Insurance Group (SKWD) › Q3 2026
Skyward Specialty Insurance Group (SKWD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Skyward Specialty Insurance Group (SKWD) reported revenue of $455M for the third quarter 2026 (Q3 2026), +19% from a year earlier and -7% from the quarter before. Operating margin was 14.0%, net earnings $49.8M (10.9% of revenue).
Skyward Specialty Insurance Group, Q3 2026: revenue $455M (+19% year over year), operating margin 14.0%, net earnings $49.8M, operating cash flow $205M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $455M | -7% | +19% |
| Operating profit | $63.6M | +0.1% | +5% |
| Net earnings | $49.8M | +2% | +8% |
| Operating cash flow | $205M | +203% | +20% |
What changed
Revenue was $455.3M in Q3 2026, up 19% year over year and down 7% from the previous quarter.
Operating profit was $63.6M, a 14.0% margin (down 1.9 points year over year). Of the extra revenue versus Q3 2025, 4% reached operating profit, below the 16% margin then. Total costs grew 22% against revenue growth of 19%. The fastest-growing cost line was General & admin (+38%). Net earnings were $49.8M, up 8% year over year. The effective tax rate was 21.8%.
Operating cash flow was $205.1M (up 20% year over year), 412% of net earnings. Working capital and other items added $155.3M.
Questions
What was Skyward Specialty Insurance Group's revenue in the third quarter 2026?
Skyward Specialty Insurance Group (SKWD) reported revenue of $455M for the third quarter 2026 (Q3 2026), +19% from a year earlier and -7% from the quarter before.
Was Skyward Specialty Insurance Group profitable in the third quarter 2026?
Operating profit was $63.6M (14.0% of revenue) and net earnings $49.8M.
Source: Skyward Specialty Insurance Group 10-Q on SEC EDGAR.