NASDAQ$SKWD
Skyward Specialty Insurance Group Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Skyward Specialty reported Q1 2026 total revenues of $475.9M (+45% YoY) with net income of $49.7M and diluted EPS of $1.09.
Skyward Specialty (SKWD) delivered total revenues of $475.9 million in Q1 2026, up from $328.5 million, on higher net earned premiums and investment income. Net income was $49.7 million ($1.09 diluted EPS) versus $42.1 million ($1.01). The combined ratio improved as the company scaled specialty insurance lines. Net investment gains contributed $3.2 million in the quarter.
- Total revenues $475.9M (+45%).
- Net earned premiums $434.0M.
- Net income $49.7M; diluted EPS $1.09.
- Investment income $27.1M supports results.
- Specialty E&S growth in core commercial lines.
Headline financials
Revenue & EPS history
Skyward Specialty · Revenue · Quarterly
$476M
Forward guidance
Insurer provides commentary on pricing and retention in MD&A; no quarterly EPS guide in the 10-Q, typical for P&C specialty carriers.
Tailwinds
- Strong premium growth and profitable underwriting scale.
- Investment income tailwind from higher asset base.
Headwinds
- Catastrophe and loss-development volatility in specialty lines.
- Competitive pricing pressure possible in E&S markets.
- Investment portfolio marks can swing quarter to quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q1 2026
+1.8%
Avg return
Earnings day
+3.7%
Avg return
5 days after
+6.9%
Avg return
30 days after
65%
11 / 17 earnings
Positive
+9.5%
Q1 2023
Best reaction
-4.5%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | -1.5% | +4.7% | |
| Q4 2025 | -4.5% | -1.5% | -8.3% | |
| Q3 2025 | +1.5% | +1.9% | +8.8% | |
| Q1 2025 | +9.2% | +9.9% | +18.3% | |
| Q4 2024 | -0.8% | +5.3% | +2.3% | |
| Q3 2024 | -3.0% | -4.7% | +17.1% | |
| Q2 2024 | -3.6% | -8.5% | +2.0% | |
| Q1 2024 | +2.4% | +7.7% | +6.9% | |
| Q4 2023 | +0.0% | +3.5% | +7.8% | |
| Q3 2022 | -1.5% | +3.8% | +6.4% | |
| Q3 2023 | +9.3% | +9.3% | +17.4% | |
| Q2 2023 | +2.1% | +3.8% | -0.9% | |
| Q1 2022 | +2.5% | +1.2% | +0.0% | |
| Q1 2023 | +9.5% | +12.2% | +10.9% | |
| Q2 2022 | +4.1% | +8.1% | +6.6% | |
| Q4 2021 | +4.1% | +8.1% | +6.6% | |
| Q4 2022 | +1.2% | +4.9% | +11.5% | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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