vs
Side-by-side financial comparison of Claritev Corp (CTEV) 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 $246.6M, roughly 1.6× Claritev Corp). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs -32.7%, a 43.9% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 6.2%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $36.4M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 2.5%).
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.
CTEV vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $385.6M |
| Net Profit | $-80.6M | $43.2M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | 14.2% |
| Net Margin | -32.7% | 11.2% |
| Revenue YoY | 6.2% | 26.7% |
| Net Profit YoY | 41.6% | 200.1% |
| EPS (diluted) | $-4.88 | $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.
| Q4 25 | $246.6M | $385.6M | ||
| Q3 25 | $246.0M | $382.5M | ||
| Q2 25 | $241.6M | $319.9M | ||
| Q1 25 | $231.3M | $328.5M | ||
| Q4 24 | $232.1M | $304.4M | ||
| Q3 24 | $230.5M | $300.9M | ||
| Q2 24 | $233.5M | $279.9M | ||
| Q1 24 | $234.5M | $265.0M |
| Q4 25 | $-80.6M | $43.2M | ||
| Q3 25 | $-69.8M | $45.9M | ||
| Q2 25 | $-62.6M | $38.8M | ||
| Q1 25 | $-71.3M | $42.1M | ||
| Q4 24 | $-138.0M | $14.4M | ||
| Q3 24 | $-391.4M | $36.7M | ||
| Q2 24 | $-576.7M | $31.0M | ||
| Q1 24 | $-539.7M | $36.8M |
| Q4 25 | -3.1% | 14.2% | ||
| Q3 25 | 4.1% | 15.8% | ||
| Q2 25 | 6.9% | 15.6% | ||
| Q1 25 | 4.2% | 15.7% | ||
| Q4 24 | -17.8% | 6.1% | ||
| Q3 24 | -146.7% | 15.6% | ||
| Q2 24 | -224.4% | 14.4% | ||
| Q1 24 | -207.4% | 17.7% |
| Q4 25 | -32.7% | 11.2% | ||
| Q3 25 | -28.4% | 12.0% | ||
| Q2 25 | -25.9% | 12.1% | ||
| Q1 25 | -30.8% | 12.8% | ||
| Q4 24 | -59.4% | 4.7% | ||
| Q3 24 | -169.8% | 12.2% | ||
| Q2 24 | -247.0% | 11.1% | ||
| Q1 24 | -230.1% | 13.9% |
| Q4 25 | $-4.88 | $1.03 | ||
| Q3 25 | $-4.23 | $1.10 | ||
| Q2 25 | $-3.81 | $0.93 | ||
| Q1 25 | $-4.38 | $1.01 | ||
| Q4 24 | $-8.49 | $0.33 | ||
| Q3 24 | $-24.25 | $0.89 | ||
| Q2 24 | $-35.78 | $0.75 | ||
| Q1 24 | $-33.40 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $168.5M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $1.0B |
| Total Assets | $4.9B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $168.5M | ||
| Q3 25 | $39.2M | $160.1M | ||
| Q2 25 | $56.4M | $136.6M | ||
| Q1 25 | $23.1M | $112.9M | ||
| Q4 24 | $16.8M | $121.6M | ||
| Q3 24 | $86.6M | $105.6M | ||
| Q2 24 | $48.8M | $73.0M | ||
| Q1 24 | $58.7M | $85.1M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $1.0B | ||
| Q3 25 | $-101.8M | $961.4M | ||
| Q2 25 | $-39.9M | $899.9M | ||
| Q1 25 | $14.8M | $850.7M | ||
| Q4 24 | $84.0M | $794.0M | ||
| Q3 24 | $207.6M | $797.5M | ||
| Q2 24 | $603.4M | $723.6M | ||
| Q1 24 | $1.2B | $692.3M |
| Q4 25 | $4.9B | $4.8B | ||
| Q3 25 | $5.0B | $4.6B | ||
| Q2 25 | $5.1B | $4.3B | ||
| Q1 25 | $5.1B | $4.0B | ||
| Q4 24 | $5.2B | $3.7B | ||
| Q3 24 | $5.3B | $3.6B | ||
| Q2 24 | $5.7B | $3.4B | ||
| Q1 24 | $6.4B | $3.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $408.1M |
| Free Cash FlowOCF − Capex | $36.4M | $402.6M |
| FCF MarginFCF / Revenue | 14.8% | 104.4% |
| Capex IntensityCapex / Revenue | 12.1% | 1.4% |
| Cash ConversionOCF / Net Profit | — | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $408.1M | ||
| Q3 25 | $19.9M | $171.4M | ||
| Q2 25 | $61.2M | $88.2M | ||
| Q1 25 | $-30.1M | $96.8M | ||
| Q4 24 | $-33.4M | $305.1M | ||
| Q3 24 | $72.8M | $168.0M | ||
| Q2 24 | $18.5M | $21.0M | ||
| Q1 24 | $49.7M | $94.3M |
| Q4 25 | $36.4M | $402.6M | ||
| Q3 25 | $-16.3M | $168.9M | ||
| Q2 25 | $36.6M | $87.1M | ||
| Q1 25 | $-68.9M | $96.6M | ||
| Q4 24 | $-63.8M | $300.9M | ||
| Q3 24 | $41.1M | $167.6M | ||
| Q2 24 | $-7.0M | $18.4M | ||
| Q1 24 | $19.2M | $94.0M |
| Q4 25 | 14.8% | 104.4% | ||
| Q3 25 | -6.6% | 44.2% | ||
| Q2 25 | 15.2% | 27.2% | ||
| Q1 25 | -29.8% | 29.4% | ||
| Q4 24 | -27.5% | 98.8% | ||
| Q3 24 | 17.8% | 55.7% | ||
| Q2 24 | -3.0% | 6.6% | ||
| Q1 24 | 8.2% | 35.5% |
| Q4 25 | 12.1% | 1.4% | ||
| Q3 25 | 14.7% | 0.6% | ||
| Q2 25 | 10.2% | 0.3% | ||
| Q1 25 | 16.8% | 0.1% | ||
| Q4 24 | 13.1% | 1.4% | ||
| Q3 24 | 13.8% | 0.1% | ||
| Q2 24 | 10.9% | 0.9% | ||
| Q1 24 | 13.0% | 0.1% |
| 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.
