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Side-by-side financial comparison of HELIOS TECHNOLOGIES, INC. (HLIO) 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 $220.3M, roughly 2.2× HELIOS TECHNOLOGIES, INC.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 10.5% vs 4.7%, a 5.8% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs 13.3%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs 4.6%).

Helios and Matheson Analytics Inc. was a publicly traded data analytics company based in New York City, New York. The company became widely known during its final years for acquiring and subsequently operating MoviePass, which ultimately led to the company's bankruptcy.

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.

HLIO vs SKWD — Head-to-Head

Bigger by revenue
SKWD
SKWD
2.2× larger
SKWD
$475.9M
$220.3M
HLIO
Growing faster (revenue YoY)
SKWD
SKWD
+31.6% gap
SKWD
44.8%
13.3%
HLIO
Higher net margin
SKWD
SKWD
5.8% more per $
SKWD
10.5%
4.7%
HLIO
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
30.4%
4.6%
HLIO

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
HLIO
HLIO
SKWD
SKWD
Revenue
$220.3M
$475.9M
Net Profit
$10.3M
$49.7M
Gross Margin
33.1%
Operating Margin
0.6%
14.9%
Net Margin
4.7%
10.5%
Revenue YoY
13.3%
44.8%
Net Profit YoY
-9.6%
EPS (diluted)
$0.31
$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
HLIO
HLIO
SKWD
SKWD
Q1 26
$475.9M
Q4 25
$385.6M
Q3 25
$220.3M
$382.5M
Q2 25
$212.5M
$319.9M
Q1 25
$195.5M
$328.5M
Q4 24
$179.5M
$304.4M
Q3 24
$194.5M
$300.9M
Q2 24
$219.9M
$279.9M
Net Profit
HLIO
HLIO
SKWD
SKWD
Q1 26
$49.7M
Q4 25
$43.2M
Q3 25
$10.3M
$45.9M
Q2 25
$11.4M
$38.8M
Q1 25
$7.3M
$42.1M
Q4 24
$4.8M
$14.4M
Q3 24
$11.4M
$36.7M
Q2 24
$13.6M
$31.0M
Gross Margin
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
Q3 25
33.1%
Q2 25
31.8%
Q1 25
30.6%
Q4 24
30.1%
Q3 24
31.1%
Q2 24
32.1%
Operating Margin
HLIO
HLIO
SKWD
SKWD
Q1 26
14.9%
Q4 25
14.2%
Q3 25
0.6%
15.8%
Q2 25
10.3%
15.6%
Q1 25
8.7%
15.7%
Q4 24
7.4%
6.1%
Q3 24
11.4%
15.6%
Q2 24
11.8%
14.4%
Net Margin
HLIO
HLIO
SKWD
SKWD
Q1 26
10.5%
Q4 25
11.2%
Q3 25
4.7%
12.0%
Q2 25
5.4%
12.1%
Q1 25
3.7%
12.8%
Q4 24
2.7%
4.7%
Q3 24
5.9%
12.2%
Q2 24
6.2%
11.1%
EPS (diluted)
HLIO
HLIO
SKWD
SKWD
Q1 26
$1.09
Q4 25
$1.03
Q3 25
$0.31
$1.10
Q2 25
$0.34
$0.93
Q1 25
$0.22
$1.01
Q4 24
$0.14
$0.33
Q3 24
$0.34
$0.89
Q2 24
$0.41
$0.75

Balance Sheet & Financial Strength

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

Metric
HLIO
HLIO
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$54.9M
$4.1M
Total DebtLower is stronger
$420.0M
Stockholders' EquityBook value
$917.9M
$1.2B
Total Assets
$1.6B
$6.5B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLIO
HLIO
SKWD
SKWD
Q1 26
$4.1M
Q4 25
$168.5M
Q3 25
$54.9M
$160.1M
Q2 25
$53.0M
$136.6M
Q1 25
$45.9M
$112.9M
Q4 24
$44.1M
$121.6M
Q3 24
$46.7M
$105.6M
Q2 24
$45.0M
$73.0M
Total Debt
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
Q3 25
$420.0M
Q2 25
$437.2M
Q1 25
$446.7M
Q4 24
$450.6M
Q3 24
$484.7M
Q2 24
$504.0M
Stockholders' Equity
HLIO
HLIO
SKWD
SKWD
Q1 26
$1.2B
Q4 25
$1.0B
Q3 25
$917.9M
$961.4M
Q2 25
$911.7M
$899.9M
Q1 25
$881.2M
$850.7M
Q4 24
$864.4M
$794.0M
Q3 24
$885.5M
$797.5M
Q2 24
$866.5M
$723.6M
Total Assets
HLIO
HLIO
SKWD
SKWD
Q1 26
$6.5B
Q4 25
$4.8B
Q3 25
$1.6B
$4.6B
Q2 25
$1.6B
$4.3B
Q1 25
$1.5B
$4.0B
Q4 24
$1.5B
$3.7B
Q3 24
$1.6B
$3.6B
Q2 24
$1.6B
$3.4B
Debt / Equity
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
Q3 25
0.46×
Q2 25
0.48×
Q1 25
0.51×
Q4 24
0.52×
Q3 24
0.55×
Q2 24
0.58×

Cash Flow & Capital Efficiency

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

Metric
HLIO
HLIO
SKWD
SKWD
Operating Cash FlowLast quarter
$25.3M
Free Cash FlowOCF − Capex
$18.6M
FCF MarginFCF / Revenue
8.4%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
2.46×
TTM Free Cash FlowTrailing 4 quarters
$91.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
$408.1M
Q3 25
$25.3M
$171.4M
Q2 25
$37.0M
$88.2M
Q1 25
$19.0M
$96.8M
Q4 24
$35.7M
$305.1M
Q3 24
$34.8M
$168.0M
Q2 24
$33.8M
$21.0M
Free Cash Flow
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
$402.6M
Q3 25
$18.6M
$168.9M
Q2 25
$31.6M
$87.1M
Q1 25
$12.9M
$96.6M
Q4 24
$28.2M
$300.9M
Q3 24
$28.8M
$167.6M
Q2 24
$25.8M
$18.4M
FCF Margin
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
104.4%
Q3 25
8.4%
44.2%
Q2 25
14.9%
27.2%
Q1 25
6.6%
29.4%
Q4 24
15.7%
98.8%
Q3 24
14.8%
55.7%
Q2 24
11.7%
6.6%
Capex Intensity
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
1.4%
Q3 25
3.0%
0.6%
Q2 25
2.5%
0.3%
Q1 25
3.1%
0.1%
Q4 24
4.2%
1.4%
Q3 24
3.1%
0.1%
Q2 24
3.6%
0.9%
Cash Conversion
HLIO
HLIO
SKWD
SKWD
Q1 26
Q4 25
9.44×
Q3 25
2.46×
3.73×
Q2 25
3.25×
2.27×
Q1 25
2.60×
2.30×
Q4 24
7.44×
21.18×
Q3 24
3.05×
4.58×
Q2 24
2.49×
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLIO
HLIO

Hydraulics$141.3M64%
Electronics$79.0M36%

SKWD
SKWD

Segment breakdown not available.

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