Filing Flows › Skyward Specialty Insurance Group (SKWD) › How it makes money
How Skyward Specialty Insurance Group (SKWD) makes money
Skyward Specialty Insurance Group (SKWD) made $455M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 11¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $455M | 100.0% |
| Operating profit | $63.6M | 14.0% |
| Income tax | $13.8M | 3.0% |
| Net earnings | $49.8M | 10.9% |
| Operating cash flow | $205M | 45.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $455M | +19% |
| Q2 2026 | $490M | +53% |
| Q1 2026 | $476M | +45% |
| Q4 2025 | $386M | +27% |
| Q3 2025 | $383M | +27% |
| Q2 2025 | $320M | +14% |
| Q1 2025 | $329M | +24% |
From Skyward Specialty Insurance Group's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Skyward Specialty Insurance Group make money?
Skyward Specialty Insurance Group (SKWD) made $455M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 11¢ was left as net earnings.
What is Skyward Specialty Insurance Group's profit margin?
Net earnings were $49.8M, 10.9% of revenue, in the third quarter 2026; the operating margin was 14.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.