---
schema_version: "secwatch.filing_event.v1"
accession: "0001519449-26-000032"
form_type: "8-K"
ticker: "SKWD"
cik: "0001519449"
company_name: "Skyward Specialty Insurance Group, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:37:05.415056+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001519449-26-000032
- form_type: 8-K
- ticker: SKWD
- cik: 0001519449
- company_name: Skyward Specialty Insurance Group, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519449/000151944926000032/0001519449-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519449/000151944926000032/skwd-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001519449-26-000032
- JSON: https://secwatch.observer/filing/0001519449-26-000032.json
- Plain text: https://secwatch.observer/filing/0001519449-26-000032.txt

## Source-grounded claims
- claim_id: 8f94c98e7ce3eb03c27a5336255ac71e2b918c65
  claim: 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.
  evidence_excerpt: $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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519449/000151944926000032/0001519449-26-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.