NASDAQ$SKWD
Skyward Specialty Insurance Group Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Skyward Specialty Insurance Group Inc reported strong Q2 2025 results with double-digit premium growth and improved underwriting performance.
The company achieved total revenues of $319.9 million and net income of $38.8 million for the three months ended June 30, 2025. Gross written premiums grew 17.9% year-over-year to $584.9 million, driven by strong performance in accident & health, agriculture and credit reinsurance, and specialty programs divisions. The combined ratio improved to 89.4% reflecting disciplined underwriting and favorable business mix.
- Gross written premiums increased 17.9% to $584.9 million, led by 95.6% growth in agriculture and credit reinsurance and 44.1% growth in specialty programs.
- Net earned premiums rose 14.7% to $295.5 million while the combined ratio improved 1.3 points to 89.4%.
- Net income grew 25.4% to $38.8 million and basic EPS increased to $0.96 from $0.79.
- Book value per share rose to $22.23 at quarter end, up from $19.79 at year-end 2024.
Headline financials
Revenue & EPS history
Skyward Specialty · Revenue · Quarterly
$320M
Revenue by segment
Skyward Specialty · $585M total across 9 segments · Q2 2025
- Specialty Programs$86M—14.7%
- Global Property$84M—14.4%
- Captives$77M—13.2%
- Construction & Energy Solutions$73.6M—12.6%
- Agriculture and Credit (Re)insurance$71.6M—12.2%
- Accident & Health$60.5M—10.3%
- Transactional E&S$53.5M—9.1%
- Surety$40.7M—7.0%
- Professional Lines$38.1M—6.5%
Forward guidance
No explicit forward guidance provided in the filing.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports
+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 |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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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