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Side-by-side financial comparison of EnerSys (ENS) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
EnerSys is the larger business by last-quarter revenue ($919.1M vs $475.9M, roughly 1.9× Skyward Specialty Insurance Group, Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 10.5% vs 9.8%, a 0.6% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs 1.4%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs 0.5%).
EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.
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.
ENS vs SKWD — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $919.1M | $475.9M |
| Net Profit | $90.4M | $49.7M |
| Gross Margin | 30.1% | — |
| Operating Margin | 13.5% | 14.9% |
| Net Margin | 9.8% | 10.5% |
| Revenue YoY | 1.4% | 44.8% |
| Net Profit YoY | -21.3% | — |
| EPS (diluted) | $2.40 | $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.
| Q1 26 | — | $475.9M | ||
| Q4 25 | $919.1M | $385.6M | ||
| Q3 25 | $951.3M | $382.5M | ||
| Q2 25 | $893.0M | $319.9M | ||
| Q1 25 | $974.8M | $328.5M | ||
| Q4 24 | $906.2M | $304.4M | ||
| Q3 24 | $883.7M | $300.9M | ||
| Q2 24 | $852.9M | $279.9M |
| Q1 26 | — | $49.7M | ||
| Q4 25 | $90.4M | $43.2M | ||
| Q3 25 | $68.4M | $45.9M | ||
| Q2 25 | $57.5M | $38.8M | ||
| Q1 25 | $96.5M | $42.1M | ||
| Q4 24 | $114.8M | $14.4M | ||
| Q3 24 | $82.3M | $36.7M | ||
| Q2 24 | $70.1M | $31.0M |
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.1% | — | ||
| Q2 25 | 28.4% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 32.9% | — | ||
| Q3 24 | 28.5% | — | ||
| Q2 24 | 27.9% | — |
| Q1 26 | — | 14.9% | ||
| Q4 25 | 13.5% | 14.2% | ||
| Q3 25 | 9.7% | 15.8% | ||
| Q2 25 | 9.7% | 15.6% | ||
| Q1 25 | 13.5% | 15.7% | ||
| Q4 24 | 15.7% | 6.1% | ||
| Q3 24 | 11.2% | 15.6% | ||
| Q2 24 | 10.7% | 14.4% |
| Q1 26 | — | 10.5% | ||
| Q4 25 | 9.8% | 11.2% | ||
| Q3 25 | 7.2% | 12.0% | ||
| Q2 25 | 6.4% | 12.1% | ||
| Q1 25 | 9.9% | 12.8% | ||
| Q4 24 | 12.7% | 4.7% | ||
| Q3 24 | 9.3% | 12.2% | ||
| Q2 24 | 8.2% | 11.1% |
| Q1 26 | — | $1.09 | ||
| Q4 25 | $2.40 | $1.03 | ||
| Q3 25 | $1.80 | $1.10 | ||
| Q2 25 | $1.46 | $0.93 | ||
| Q1 25 | $2.39 | $1.01 | ||
| Q4 24 | $2.88 | $0.33 | ||
| Q3 24 | $2.01 | $0.89 | ||
| Q2 24 | $1.71 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $450.1M | $4.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.9B | $1.2B |
| Total Assets | $4.0B | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.1M | ||
| Q4 25 | $450.1M | $168.5M | ||
| Q3 25 | $388.6M | $160.1M | ||
| Q2 25 | $346.7M | $136.6M | ||
| Q1 25 | $343.1M | $112.9M | ||
| Q4 24 | $463.2M | $121.6M | ||
| Q3 24 | $407.9M | $105.6M | ||
| Q2 24 | $344.1M | $73.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.9B | $1.0B | ||
| Q3 25 | $1.9B | $961.4M | ||
| Q2 25 | $1.9B | $899.9M | ||
| Q1 25 | $1.9B | $850.7M | ||
| Q4 24 | $1.8B | $794.0M | ||
| Q3 24 | $1.8B | $797.5M | ||
| Q2 24 | $1.8B | $723.6M |
| Q1 26 | — | $6.5B | ||
| Q4 25 | $4.0B | $4.8B | ||
| Q3 25 | $4.1B | $4.6B | ||
| Q2 25 | $4.1B | $4.3B | ||
| Q1 25 | $4.0B | $4.0B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $4.0B | $3.6B | ||
| Q2 24 | $3.6B | $3.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $184.6M | — |
| Free Cash FlowOCF − Capex | $171.3M | — |
| FCF MarginFCF / Revenue | 18.6% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | 2.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $441.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $184.6M | $408.1M | ||
| Q3 25 | $218.0M | $171.4M | ||
| Q2 25 | $968.0K | $88.2M | ||
| Q1 25 | $135.2M | $96.8M | ||
| Q4 24 | $81.1M | $305.1M | ||
| Q3 24 | $33.6M | $168.0M | ||
| Q2 24 | $10.4M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $171.3M | $402.6M | ||
| Q3 25 | $197.1M | $168.9M | ||
| Q2 25 | $-32.1M | $87.1M | ||
| Q1 25 | $104.9M | $96.6M | ||
| Q4 24 | $56.8M | $300.9M | ||
| Q3 24 | $3.3M | $167.6M | ||
| Q2 24 | $-25.7M | $18.4M |
| Q1 26 | — | — | ||
| Q4 25 | 18.6% | 104.4% | ||
| Q3 25 | 20.7% | 44.2% | ||
| Q2 25 | -3.6% | 27.2% | ||
| Q1 25 | 10.8% | 29.4% | ||
| Q4 24 | 6.3% | 98.8% | ||
| Q3 24 | 0.4% | 55.7% | ||
| Q2 24 | -3.0% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 1.4% | ||
| Q3 25 | 2.2% | 0.6% | ||
| Q2 25 | 3.7% | 0.3% | ||
| Q1 25 | 3.1% | 0.1% | ||
| Q4 24 | 2.7% | 1.4% | ||
| Q3 24 | 3.4% | 0.1% | ||
| Q2 24 | 4.2% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.04× | 9.44× | ||
| Q3 25 | 3.19× | 3.73× | ||
| Q2 25 | 0.02× | 2.27× | ||
| Q1 25 | 1.40× | 2.30× | ||
| Q4 24 | 0.71× | 21.18× | ||
| Q3 24 | 0.41× | 4.58× | ||
| Q2 24 | 0.15× | 0.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
SKWD
Segment breakdown not available.
