The earnings call highlighted Skyward Specialty's strong financial performance with record adjusted operating income and significant growth in premiums. There were challenges related to the reduction in investment income due to alternative investments and softening conditions in global property. Despite these challenges, the company's diversified portfolio and strategic growth in key areas such as agriculture and credit markets contributed to an overall positive outlook.

Company Guidance -

Q3 2025

During the Second Quarter 2025 Skyward Specialty Earnings Conference Call, the company provided robust guidance underpinned by strong financial metrics and strategic adjustments. Skyward reported an adjusted operating income of $37.1 million, which translates to $0.89 per diluted share, bolstered by a record pretax underwriting income of $31.2 million. The company posted a combined ratio of 89.4%, marking its best performance to date, and achieved an annualized return on equity of 19.1%. Gross written premiums increased by 18%, with notable contributions from agriculture, credit, accident and health, and specialty programs. The company maintained a net written premium retention rate of 60.9%, slightly down from 61.2% the previous year. Skyward's financial leverage remains modest at a 12% debt-to-capital ratio, providing ample flexibility for future financing. The company continues to navigate market conditions with precision, adapting its portfolio to capitalize on profitable growth opportunities while mitigating exposure to areas impacted by loss inflation and softening market conditions.

Record Adjusted Operating Income

Skyward Specialty achieved adjusted operating income of $37.1 million or $0.89 per diluted share, driven by $31.2 million of pretax underwriting income, marking the best in company history.

Strong Growth in Premiums

Gross written premiums grew by 18% for the quarter, with significant contributions from agriculture, credit, accident and health, captives, and specialty programs.

Excellent Return on Equity

Year-to-date annualized return on equity was reported at an excellent 19.1%.

Improvement in Combined Ratio

The combined ratio improved to 89.4%, including 1.4 points of cat losses, which is the best in company history.

Growth in Agriculture and Credit Markets

Significant growth was noted in agriculture and credit markets, with opportunities for profitable growth highlighted.

Skyward Specialty Insurance Group, Inc. (SKWD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SKWD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	0.84 / -	0.71	―	―	―
Jul 30, 2025	2025 (Q2)	0.86 / 0.89	0.8	11.25% (+0.09)	―
May 01, 2025	2025 (Q1)	0.77 / 0.90	0.75	20.00% (+0.15)	―
Feb 25, 2025	2024 (Q4)	0.78 / 0.80	0.61	31.15% (+0.19)	―
Oct 29, 2024	2024 (Q3)	0.65 / 0.71	0.65	9.23% (+0.06)	―
Aug 05, 2024	2024 (Q2)	0.65 / 0.80	0.42	90.48% (+0.38)	―
May 01, 2024	2024 (Q1)	0.64 / 0.75	0.42	78.57% (+0.33)	―
Feb 20, 2024	2023 (Q4)	0.57 / 0.61	0.36	69.44% (+0.25)	―
Nov 06, 2023	2023 (Q3)	0.36 / 0.65	0.205	217.07% (+0.45)	―
Aug 08, 2023	2023 (Q2)	0.39 / 0.42	0.04	950.00% (+0.38)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SKWD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$49.44	$50.58	+2.31%
May 01, 2025	$53.57	$58.63	+9.45%
Feb 25, 2025	$51.42	$51.01	-0.80%
Oct 29, 2024	$44.75	$44.46	-0.65%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Skyward Specialty Insurance Group, Inc. (SKWD) report earnings?

Skyward Specialty Insurance Group, Inc. (SKWD) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is Skyward Specialty Insurance Group, Inc. (SKWD) earnings time?

Skyward Specialty Insurance Group, Inc. (SKWD) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SKWD EPS forecast?

SKWD EPS forecast for the fiscal quarter 2025 (Q3) is 0.85.

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