vs

Side-by-side financial comparison of Axsome Therapeutics, Inc. (AXSM) 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 $196.0M, roughly 2.0× Axsome Therapeutics, Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs -14.6%, a 25.8% gap on every dollar of revenue. On growth, Axsome Therapeutics, Inc. posted the faster year-over-year revenue change (65.0% vs 26.7%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $-18.7M). Over the past eight quarters, Axsome Therapeutics, Inc.'s revenue compounded faster (61.7% CAGR vs 20.6%).

Jazz Pharmaceuticals plc is a global biopharmaceutical company with a focus on oncology and neuroscience. It was founded in 2003 in California, United States and is now headquartered in Dublin, Ireland.

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.

AXSM vs SKWD — Head-to-Head

Bigger by revenue
SKWD
SKWD
2.0× larger
SKWD
$385.6M
$196.0M
AXSM
Growing faster (revenue YoY)
AXSM
AXSM
+38.4% gap
AXSM
65.0%
26.7%
SKWD
Higher net margin
SKWD
SKWD
25.8% more per $
SKWD
11.2%
-14.6%
AXSM
More free cash flow
SKWD
SKWD
$421.3M more FCF
SKWD
$402.6M
$-18.7M
AXSM
Faster 2-yr revenue CAGR
AXSM
AXSM
Annualised
AXSM
61.7%
20.6%
SKWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXSM
AXSM
SKWD
SKWD
Revenue
$196.0M
$385.6M
Net Profit
$-28.6M
$43.2M
Gross Margin
Operating Margin
-13.8%
14.2%
Net Margin
-14.6%
11.2%
Revenue YoY
65.0%
26.7%
Net Profit YoY
61.9%
200.1%
EPS (diluted)
$-0.55
$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
AXSM
AXSM
SKWD
SKWD
Q4 25
$196.0M
$385.6M
Q3 25
$171.0M
$382.5M
Q2 25
$150.0M
$319.9M
Q1 25
$121.5M
$328.5M
Q4 24
$118.8M
$304.4M
Q3 24
$104.8M
$300.9M
Q2 24
$87.2M
$279.9M
Q1 24
$75.0M
$265.0M
Net Profit
AXSM
AXSM
SKWD
SKWD
Q4 25
$-28.6M
$43.2M
Q3 25
$-47.2M
$45.9M
Q2 25
$-48.0M
$38.8M
Q1 25
$-59.4M
$42.1M
Q4 24
$-74.9M
$14.4M
Q3 24
$-64.6M
$36.7M
Q2 24
$-79.3M
$31.0M
Q1 24
$-68.4M
$36.8M
Operating Margin
AXSM
AXSM
SKWD
SKWD
Q4 25
-13.8%
14.2%
Q3 25
-27.0%
15.8%
Q2 25
-24.5%
15.6%
Q1 25
-46.9%
15.7%
Q4 24
-61.1%
6.1%
Q3 24
-59.8%
15.6%
Q2 24
-89.5%
14.4%
Q1 24
-89.7%
17.7%
Net Margin
AXSM
AXSM
SKWD
SKWD
Q4 25
-14.6%
11.2%
Q3 25
-27.6%
12.0%
Q2 25
-32.0%
12.1%
Q1 25
-48.9%
12.8%
Q4 24
-63.1%
4.7%
Q3 24
-61.7%
12.2%
Q2 24
-91.0%
11.1%
Q1 24
-91.1%
13.9%
EPS (diluted)
AXSM
AXSM
SKWD
SKWD
Q4 25
$-0.55
$1.03
Q3 25
$-0.94
$1.10
Q2 25
$-0.97
$0.93
Q1 25
$-1.22
$1.01
Q4 24
$-1.54
$0.33
Q3 24
$-1.34
$0.89
Q2 24
$-1.67
$0.75
Q1 24
$-1.44
$0.90

Balance Sheet & Financial Strength

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

Metric
AXSM
AXSM
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$322.9M
$168.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$88.3M
$1.0B
Total Assets
$689.8M
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXSM
AXSM
SKWD
SKWD
Q4 25
$322.9M
$168.5M
Q3 25
$325.3M
$160.1M
Q2 25
$303.0M
$136.6M
Q1 25
$300.9M
$112.9M
Q4 24
$315.4M
$121.6M
Q3 24
$327.3M
$105.6M
Q2 24
$315.7M
$73.0M
Q1 24
$331.4M
$85.1M
Stockholders' Equity
AXSM
AXSM
SKWD
SKWD
Q4 25
$88.3M
$1.0B
Q3 25
$73.7M
$961.4M
Q2 25
$73.1M
$899.9M
Q1 25
$53.2M
$850.7M
Q4 24
$57.0M
$794.0M
Q3 24
$92.9M
$797.5M
Q2 24
$102.9M
$723.6M
Q1 24
$144.0M
$692.3M
Total Assets
AXSM
AXSM
SKWD
SKWD
Q4 25
$689.8M
$4.8B
Q3 25
$669.3M
$4.6B
Q2 25
$639.8M
$4.3B
Q1 25
$596.7M
$4.0B
Q4 24
$568.5M
$3.7B
Q3 24
$561.5M
$3.6B
Q2 24
$548.2M
$3.4B
Q1 24
$545.7M
$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
AXSM
AXSM
SKWD
SKWD
Operating Cash FlowLast quarter
$-18.7M
$408.1M
Free Cash FlowOCF − Capex
$-18.7M
$402.6M
FCF MarginFCF / Revenue
-9.6%
104.4%
Capex IntensityCapex / Revenue
0.0%
1.4%
Cash ConversionOCF / Net Profit
9.44×
TTM Free Cash FlowTrailing 4 quarters
$-93.9M
$755.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXSM
AXSM
SKWD
SKWD
Q4 25
$-18.7M
$408.1M
Q3 25
$1.0M
$171.4M
Q2 25
$-32.4M
$88.2M
Q1 25
$-43.4M
$96.8M
Q4 24
$-26.2M
$305.1M
Q3 24
$-18.6M
$168.0M
Q2 24
$-30.1M
$21.0M
Q1 24
$-53.5M
$94.3M
Free Cash Flow
AXSM
AXSM
SKWD
SKWD
Q4 25
$-18.7M
$402.6M
Q3 25
$988.0K
$168.9M
Q2 25
$-32.4M
$87.1M
Q1 25
$-43.7M
$96.6M
Q4 24
$-26.2M
$300.9M
Q3 24
$-18.7M
$167.6M
Q2 24
$-30.2M
$18.4M
Q1 24
$-53.6M
$94.0M
FCF Margin
AXSM
AXSM
SKWD
SKWD
Q4 25
-9.6%
104.4%
Q3 25
0.6%
44.2%
Q2 25
-21.6%
27.2%
Q1 25
-36.0%
29.4%
Q4 24
-22.1%
98.8%
Q3 24
-17.9%
55.7%
Q2 24
-34.6%
6.6%
Q1 24
-71.4%
35.5%
Capex Intensity
AXSM
AXSM
SKWD
SKWD
Q4 25
0.0%
1.4%
Q3 25
0.0%
0.6%
Q2 25
0.0%
0.3%
Q1 25
0.3%
0.1%
Q4 24
0.0%
1.4%
Q3 24
0.1%
0.1%
Q2 24
0.1%
0.9%
Q1 24
0.1%
0.1%
Cash Conversion
AXSM
AXSM
SKWD
SKWD
Q4 25
9.44×
Q3 25
3.73×
Q2 25
2.27×
Q1 25
2.30×
Q4 24
21.18×
Q3 24
4.58×
Q2 24
0.68×
Q1 24
2.56×

Financial Flow Comparison

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

Related Comparisons