Every 10-Q that Bowhead Specialty Holdings Inc. (BOW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BOW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BOW filings page.
Bowhead Specialty Holdings Inc. reported strong growth for the three and six months ended June 30, 2026. For the quarter, gross written premiums were $297,894 (in thousands), up 28.2% year over year, with net earned premiums of $143,953 (in thousands). Net income rose to $16,138 (in thousands), and diluted EPS was $0.48. The loss ratio was 67.3%, the expense ratio 28.6%, yielding a combined ratio of 95.9% and an annualized return on equity of 13.8%.
For the first half of 2026, net income reached $32,148 (in thousands) and diluted EPS $0.96, with a 95.6% combined ratio. Total assets were $2,681,292 (in thousands) and stockholders’ equity $472,361 (in thousands) as of June 30, 2026. The company carries $150 million of 7.75% senior notes due 2030 and maintains a $35 million revolving credit facility with no borrowings. Bowhead’s business is built around a quota share relationship with American Family Mutual Insurance Company, which also owns about 14.3% of its common stock. On August 2, 2026, Bowhead entered into a definitive Agreement and Plan of Merger with American Family, subject to stockholder and regulatory approvals; no transaction impacts are reflected in these results.
Bowhead Specialty Holdings Inc. reported solid first-quarter 2026 growth, with total revenues of $155,694 thousand, up 26.9% from the prior-year period. Net earned premiums rose 24.6% to $136,808 thousand, driven by 24.0% gross written premium growth across all four underwriting divisions, led by Casualty and Baleen Specialty.
Net income increased 40.1% to $16,010 thousand, and diluted earnings per share reached $0.48. The combined ratio improved to 95.3% from 97.3%, as the expense ratio fell 2.0 points while the loss ratio held steady at 66.9%, reflecting disciplined underwriting.
Net investment income grew 43.5% to $18,027 thousand on a larger fixed-maturity portfolio, although unrealized losses on investments reduced accumulated other comprehensive income. Return on equity rose to 14.1%, supported by stronger underwriting income and higher investment returns, while the company maintained reinsurance with highly rated counterparties and remained in compliance with debt and credit facility covenants.
Bowhead Specialty Holdings (BOW) reported stronger Q3 2025 results. Net income was $15.2 million versus $12.1 million a year ago, and diluted EPS was $0.45 versus $0.36. Growth was supported by higher underwriting volume and investment income.
Gross written premiums were $231.5 million (up from $197.0 million), and net earned premiums were $128.4 million (up from $105.2 million). Net investment income rose to $15.0 million from $11.5 million. Total revenues reached $143.9 million versus $116.8 million, while total expenses were $124.8 million versus $100.9 million.
The balance sheet expanded: total assets were $2.09 billion and stockholders’ equity was $430.2 million. Cash and cash equivalents were $197.9 million, with restricted cash of $52.9 million. Fixed maturity securities at fair value were $1.15 billion. The company had no borrowings under its $75 million senior secured revolving credit facility as of September 30, 2025. Shares outstanding were 32,782,974 as of October 29, 2025.