vs

Side-by-side financial comparison of ACADIA PHARMACEUTICALS INC (ACAD) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.

Skyward Specialty Insurance Group, Inc. is the larger business by last-quarter revenue ($385.6M vs $284.0M, roughly 1.4× ACADIA PHARMACEUTICALS INC). ACADIA PHARMACEUTICALS INC runs the higher net margin — 96.3% vs 11.2%, a 85.1% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 9.4%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 17.5%).

Acadia Pharmaceuticals Inc. is a biopharmaceutical company headquartered in Del Mar, San Diego, California.

Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.

ACAD vs SKWD — Head-to-Head

Bigger by revenue
SKWD
SKWD
1.4× larger
SKWD
$385.6M
$284.0M
ACAD
Growing faster (revenue YoY)
SKWD
SKWD
+17.3% gap
SKWD
26.7%
9.4%
ACAD
Higher net margin
ACAD
ACAD
85.1% more per $
ACAD
96.3%
11.2%
SKWD
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
20.6%
17.5%
ACAD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACAD
ACAD
SKWD
SKWD
Revenue
$284.0M
$385.6M
Net Profit
$273.6M
$43.2M
Gross Margin
90.8%
Operating Margin
6.1%
14.2%
Net Margin
96.3%
11.2%
Revenue YoY
9.4%
26.7%
Net Profit YoY
90.3%
200.1%
EPS (diluted)
$1.61
$1.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACAD
ACAD
SKWD
SKWD
Q4 25
$284.0M
$385.6M
Q3 25
$278.6M
$382.5M
Q2 25
$264.6M
$319.9M
Q1 25
$244.3M
$328.5M
Q4 24
$259.6M
$304.4M
Q3 24
$250.4M
$300.9M
Q2 24
$242.0M
$279.9M
Q1 24
$205.8M
$265.0M
Net Profit
ACAD
ACAD
SKWD
SKWD
Q4 25
$273.6M
$43.2M
Q3 25
$71.8M
$45.9M
Q2 25
$26.7M
$38.8M
Q1 25
$19.0M
$42.1M
Q4 24
$143.7M
$14.4M
Q3 24
$32.8M
$36.7M
Q2 24
$33.4M
$31.0M
Q1 24
$16.6M
$36.8M
Gross Margin
ACAD
ACAD
SKWD
SKWD
Q4 25
90.8%
Q3 25
92.2%
Q2 25
92.2%
Q1 25
91.7%
Q4 24
91.6%
Q3 24
92.5%
Q2 24
92.5%
Q1 24
88.8%
Operating Margin
ACAD
ACAD
SKWD
SKWD
Q4 25
6.1%
14.2%
Q3 25
12.8%
15.8%
Q2 25
12.2%
15.6%
Q1 25
7.9%
15.7%
Q4 24
59.1%
6.1%
Q3 24
12.6%
15.6%
Q2 24
12.6%
14.4%
Q1 24
7.4%
17.7%
Net Margin
ACAD
ACAD
SKWD
SKWD
Q4 25
96.3%
11.2%
Q3 25
25.8%
12.0%
Q2 25
10.1%
12.1%
Q1 25
7.8%
12.8%
Q4 24
55.4%
4.7%
Q3 24
13.1%
12.2%
Q2 24
13.8%
11.1%
Q1 24
8.0%
13.9%
EPS (diluted)
ACAD
ACAD
SKWD
SKWD
Q4 25
$1.61
$1.03
Q3 25
$0.42
$1.10
Q2 25
$0.16
$0.93
Q1 25
$0.11
$1.01
Q4 24
$0.86
$0.33
Q3 24
$0.20
$0.89
Q2 24
$0.20
$0.75
Q1 24
$0.10
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACAD
ACAD
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$177.7M
$168.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$1.0B
Total Assets
$1.6B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACAD
ACAD
SKWD
SKWD
Q4 25
$177.7M
$168.5M
Q3 25
$258.0M
$160.1M
Q2 25
$253.6M
$136.6M
Q1 25
$217.7M
$112.9M
Q4 24
$319.6M
$121.6M
Q3 24
$155.1M
$105.6M
Q2 24
$177.1M
$73.0M
Q1 24
$204.7M
$85.1M
Stockholders' Equity
ACAD
ACAD
SKWD
SKWD
Q4 25
$1.2B
$1.0B
Q3 25
$917.3M
$961.4M
Q2 25
$822.4M
$899.9M
Q1 25
$765.2M
$850.7M
Q4 24
$732.8M
$794.0M
Q3 24
$577.2M
$797.5M
Q2 24
$516.7M
$723.6M
Q1 24
$464.0M
$692.3M
Total Assets
ACAD
ACAD
SKWD
SKWD
Q4 25
$1.6B
$4.8B
Q3 25
$1.3B
$4.6B
Q2 25
$1.2B
$4.3B
Q1 25
$1.1B
$4.0B
Q4 24
$1.2B
$3.7B
Q3 24
$976.9M
$3.6B
Q2 24
$914.1M
$3.4B
Q1 24
$855.1M
$3.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACAD
ACAD
SKWD
SKWD
Operating Cash FlowLast quarter
$-48.7M
$408.1M
Free Cash FlowOCF − Capex
$402.6M
FCF MarginFCF / Revenue
104.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
-0.18×
9.44×
TTM Free Cash FlowTrailing 4 quarters
$755.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACAD
ACAD
SKWD
SKWD
Q4 25
$-48.7M
$408.1M
Q3 25
$74.3M
$171.4M
Q2 25
$64.0M
$88.2M
Q1 25
$20.3M
$96.8M
Q4 24
$40.4M
$305.1M
Q3 24
$63.2M
$168.0M
Q2 24
$25.0M
$21.0M
Q1 24
$29.1M
$94.3M
Free Cash Flow
ACAD
ACAD
SKWD
SKWD
Q4 25
$402.6M
Q3 25
$73.9M
$168.9M
Q2 25
$87.1M
Q1 25
$96.6M
Q4 24
$300.9M
Q3 24
$63.2M
$167.6M
Q2 24
$18.4M
Q1 24
$94.0M
FCF Margin
ACAD
ACAD
SKWD
SKWD
Q4 25
104.4%
Q3 25
26.5%
44.2%
Q2 25
27.2%
Q1 25
29.4%
Q4 24
98.8%
Q3 24
25.2%
55.7%
Q2 24
6.6%
Q1 24
35.5%
Capex Intensity
ACAD
ACAD
SKWD
SKWD
Q4 25
1.4%
Q3 25
0.1%
0.6%
Q2 25
0.3%
Q1 25
0.1%
Q4 24
1.4%
Q3 24
0.0%
0.1%
Q2 24
0.9%
Q1 24
0.1%
Cash Conversion
ACAD
ACAD
SKWD
SKWD
Q4 25
-0.18×
9.44×
Q3 25
1.03×
3.73×
Q2 25
2.40×
2.27×
Q1 25
1.07×
2.30×
Q4 24
0.28×
21.18×
Q3 24
1.93×
4.58×
Q2 24
0.75×
0.68×
Q1 24
1.76×
2.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACAD
ACAD

Nuplazid$174.4M61%
Daybue$109.6M39%

SKWD
SKWD

Segment breakdown not available.

Related Comparisons