Skyward Specialty Insurance reports Q3 2026 earnings with revenue above $455 M and mixed underwriting results
Skyward Specialty Insurance Group posted third‑quarter 2026 revenue of $455.34 million, up 19% year‑over‑year, and net income of $49.8 million, an 8.5% increase. Diluted earnings per share were $1.09, a 0.9% decline, while operating income reached $58 million or $1.28 per diluted share. The company said the quarter delivered an operating return on equity above 20% but noted a combined ratio of either 88.3% or 89.9% depending on the source, and gross written premiums rose to $803 million overall.
Why it matters
The firm highlighted an operating return on equity exceeding 20%, indicating strong profitability. However, revenue missed analyst expectations, contributing to a 4.8% drop in the stock price after the release.
Key facts
- 1Q3 2026 revenue was $455.34 million, up 19% YoY. tradingview.com
- 2Net income for the quarter was $49.8 million, up 8.5% YoY. tradingview.com
- 3Diluted EPS was $1.09, down 0.9% YoY. tradingview.com
- 4Operating income was $58 million, or $1.28 per diluted share. finance.yahoo.com
- 5Combined ratio was reported as 89.9% (overall) and 88.3% (Q3 specific). finance.yahoo.com
- 6Gross written premiums increased 9% to $803 million. finance.yahoo.com
Open questions
- Two sources give different Q3 combined ratio figures: 88.3% versus 89.9%.
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.