Skyward Q1 net income rises to $49.7M ($1.09) from $42.1M; operating income up to $56.8M

Skyward Specialty Insurance Group, Inc.

2026-Q1 EPS reported $1.09 vs consensus $1.14 ▼ miss (-4.6%)

Net income $49.7M ($1.09 diluted EPS) vs $42.1M ($1.01) in Q1 2025.
Operating income (non-GAAP) $56.8M ($1.25) vs $37.6M ($0.90) YoY.
Gross written premiums $667.7M (+9.9%); combined ratio 89.5%, ex-cat 87.7%.
Managed premiums $967.7M (+19.6%); book value per share $27.50 (+10% from Dec 2025).
Annualized operating ROE 20.3%, ROE 17.8%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Skyward Specialty Insurance Group, Inc. reported first quarter 2026 results: revenue $667.7 million, net income $49.7 million, EPS $1.09 per diluted share.

Period: first quarter 2026
Revenue: $667.7 million
Net income: $49.7 million
EPS: $1.09 per diluted share
Result: reported results

Exact text from the filing

$1.25 per diluted share, compared to $37.6 million, or $0.90 per diluted share, for the same 2025 period. Highlights for the first quarter included: • Gross written premiums of $667.7 million, an increase of 9.9% (2) compared to 2025; • Combined ratio of 89.5%; • Ex-Cat combined ratio of 87.7%; • Managed premiums of $967.7 million, an increase of 19.6% (2) compared to

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Source: SEC EDGAR

accession 0001519449-26-000032

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