Bowhead Specialty Holdings Inc.

For the period ended Mar 31, 2026. Filed May 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 5, 2026

BOW$34.32+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Income and Comprehensive Income

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited)

	Three Months EndedMarch 31,
	2026	2025
($ in thousands, except share and per share data)
Revenues
Gross written premiums	$216,741	$174,848
Ceded written premiums	(76,399)	(58,079)
Net written premiums	140,342	116,769
Change in net unearned premiums	(3,534)	(6,953)
Net earned premiums	136,808	109,816
Net investment income	18,027	12,559
Net realized investment losses	(21)	(4)
Other insurance-related income	880	345
Total revenues	155,694	122,716
Expenses
Net losses and loss adjustment expenses	91,481	73,427
Net acquisition costs	13,893	9,796
Operating expenses	25,804	23,937
Non-operating expenses	—	110
Warrant expense	775	775
Interest expense and financing fees	3,162	247
Foreign exchange losses (gains)	8	(46)
Total expenses	135,123	108,246
Income before income taxes	20,571	14,470
Income tax expense	(4,561)	(3,045)
Net income	$16,010	$11,425
Other comprehensive income
Change in unrealized gain (loss) on investments (net of income tax benefit (expense) of $2,252 and $(1,972), respectively	(8,472)	7,418
Total comprehensive income	$7,538	$18,843
Earnings per share:
Basic	$0.49	$0.35
Diluted	$0.48	$0.34
Weighted average shares outstanding:
Basic	32,807,104	32,662,683
Diluted	33,283,727	33,711,924

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.