Skyward Group reported third-quarter 2026 managed premiums of $1.32 billion, up 12.5% from the comparable 2025 period, and reported net income of $49.8 million.
The specialty insurer’s gross written premiums were $803.5 million, up 9.0% on a prior-year pro-forma and participation-adjusted comparison basis. Net written premiums were $501.8 million, compared with $441.2 million a year earlier.
Reported profit and operating measures are different
Reported net income was $49.8 million, while the company reported non-GAAP operating income of $58.5 million. Diluted earnings per share were $1.09, versus diluted operating earnings per share of $1.28.
Skyward says its operating measures supplement, rather than replace, GAAP results. Its comparable prior-year premium figures include pro-forma and participation adjustments described in the release.
What the filing shows
| Measure | Q3 2026 | Year-on-year comparison |
|---|---|---|
| Managed premiums | $1.321bn | Up 12.5% |
| Gross written premiums | $803.5m | Up 9.0% |
| Reported net income | $49.8m | $45.9m in Q3 2025 |
| Diluted EPS | $1.09 | $1.10 in Q3 2025 |
Source and what to watch
The figures are from Skyward Group’s 5 November 2026 results release and its related 5 November Form 8-K, checked on 6 November 2026. Readers should distinguish reported figures from the release’s non-GAAP operating measures and note the stated pro-forma comparability adjustments.
For a reader, the useful comparison is not simply whether premiums rose: it is whether the release’s stated underwriting and operating measures use the same basis as the prior period. Skyward identifies its prior-year pro-forma adjustments in the release.