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Side-by-side financial comparison of CECO ENVIRONMENTAL CORP (CECO) 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 ($475.9M vs $205.9M, roughly 2.3× CECO ENVIRONMENTAL CORP). On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs 16.5%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs 22.4%).

CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.

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.

CECO vs SKWD — Head-to-Head

Bigger by revenue
SKWD
SKWD
2.3× larger
SKWD
$475.9M
$205.9M
CECO
Growing faster (revenue YoY)
SKWD
SKWD
+28.3% gap
SKWD
44.8%
16.5%
CECO
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
30.4%
22.4%
CECO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CECO
CECO
SKWD
SKWD
Revenue
$205.9M
$475.9M
Net Profit
$49.7M
Gross Margin
31.0%
Operating Margin
0.9%
14.9%
Net Margin
10.5%
Revenue YoY
16.5%
44.8%
Net Profit YoY
EPS (diluted)
$0.98
$1.09

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
CECO
CECO
SKWD
SKWD
Q1 26
$205.9M
$475.9M
Q4 25
$214.7M
$385.6M
Q3 25
$197.6M
$382.5M
Q2 25
$185.4M
$319.9M
Q1 25
$176.7M
$328.5M
Q4 24
$158.6M
$304.4M
Q3 24
$135.5M
$300.9M
Q2 24
$137.5M
$279.9M
Net Profit
CECO
CECO
SKWD
SKWD
Q1 26
$49.7M
Q4 25
$3.1M
$43.2M
Q3 25
$1.5M
$45.9M
Q2 25
$9.5M
$38.8M
Q1 25
$36.0M
$42.1M
Q4 24
$4.9M
$14.4M
Q3 24
$2.1M
$36.7M
Q2 24
$4.5M
$31.0M
Gross Margin
CECO
CECO
SKWD
SKWD
Q1 26
31.0%
Q4 25
35.1%
Q3 25
32.7%
Q2 25
36.2%
Q1 25
35.2%
Q4 24
35.8%
Q3 24
33.4%
Q2 24
35.7%
Operating Margin
CECO
CECO
SKWD
SKWD
Q1 26
0.9%
14.9%
Q4 25
7.7%
14.2%
Q3 25
4.8%
15.8%
Q2 25
9.7%
15.6%
Q1 25
35.0%
15.7%
Q4 24
7.1%
6.1%
Q3 24
5.3%
15.6%
Q2 24
6.7%
14.4%
Net Margin
CECO
CECO
SKWD
SKWD
Q1 26
10.5%
Q4 25
1.4%
11.2%
Q3 25
0.8%
12.0%
Q2 25
5.1%
12.1%
Q1 25
20.4%
12.8%
Q4 24
3.1%
4.7%
Q3 24
1.5%
12.2%
Q2 24
3.3%
11.1%
EPS (diluted)
CECO
CECO
SKWD
SKWD
Q1 26
$0.98
$1.09
Q4 25
$0.09
$1.03
Q3 25
$0.04
$1.10
Q2 25
$0.26
$0.93
Q1 25
$0.98
$1.01
Q4 24
$0.14
$0.33
Q3 24
$0.06
$0.89
Q2 24
$0.12
$0.75

Balance Sheet & Financial Strength

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

Metric
CECO
CECO
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$45.4M
$4.1M
Total DebtLower is stronger
$5.3M
Stockholders' EquityBook value
$317.2M
$1.2B
Total Assets
$1.0B
$6.5B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CECO
CECO
SKWD
SKWD
Q1 26
$45.4M
$4.1M
Q4 25
$33.1M
$168.5M
Q3 25
$32.8M
$160.1M
Q2 25
$36.8M
$136.6M
Q1 25
$146.5M
$112.9M
Q4 24
$37.8M
$121.6M
Q3 24
$38.7M
$105.6M
Q2 24
$36.5M
$73.0M
Total Debt
CECO
CECO
SKWD
SKWD
Q1 26
$5.3M
Q4 25
$212.4M
Q3 25
$220.9M
Q2 25
$238.7M
Q1 25
$339.7M
Q4 24
$218.9M
Q3 24
$133.4M
Q2 24
$130.8M
Stockholders' Equity
CECO
CECO
SKWD
SKWD
Q1 26
$317.2M
$1.2B
Q4 25
$317.5M
$1.0B
Q3 25
$309.2M
$961.4M
Q2 25
$298.4M
$899.9M
Q1 25
$285.8M
$850.7M
Q4 24
$247.7M
$794.0M
Q3 24
$241.3M
$797.5M
Q2 24
$235.0M
$723.6M
Total Assets
CECO
CECO
SKWD
SKWD
Q1 26
$1.0B
$6.5B
Q4 25
$893.8M
$4.8B
Q3 25
$891.9M
$4.6B
Q2 25
$876.6M
$4.3B
Q1 25
$957.1M
$4.0B
Q4 24
$759.7M
$3.7B
Q3 24
$621.5M
$3.6B
Q2 24
$598.1M
$3.4B
Debt / Equity
CECO
CECO
SKWD
SKWD
Q1 26
0.02×
Q4 25
0.67×
Q3 25
0.71×
Q2 25
0.80×
Q1 25
1.19×
Q4 24
0.88×
Q3 24
0.55×
Q2 24
0.56×

Financial Flow Comparison

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

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