vs

Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) 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 $216.6M, roughly 2.2× HighPeak Energy, Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 10.5% vs -11.6%, a 22.1% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs -23.3%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

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.

HPK vs SKWD — Head-to-Head

Bigger by revenue
SKWD
SKWD
2.2× larger
SKWD
$475.9M
$216.6M
HPK
Growing faster (revenue YoY)
SKWD
SKWD
+68.2% gap
SKWD
44.8%
-23.3%
HPK
Higher net margin
SKWD
SKWD
22.1% more per $
SKWD
10.5%
-11.6%
HPK
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
30.4%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HPK
HPK
SKWD
SKWD
Revenue
$216.6M
$475.9M
Net Profit
$-25.2M
$49.7M
Gross Margin
Operating Margin
-7.6%
14.9%
Net Margin
-11.6%
10.5%
Revenue YoY
-23.3%
44.8%
Net Profit YoY
-380.7%
EPS (diluted)
$-0.16
$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
HPK
HPK
SKWD
SKWD
Q1 26
$475.9M
Q4 25
$216.6M
$385.6M
Q3 25
$188.9M
$382.5M
Q2 25
$200.4M
$319.9M
Q1 25
$257.4M
$328.5M
Q4 24
$282.6M
$304.4M
Q3 24
$271.6M
$300.9M
Q2 24
$275.3M
$279.9M
Net Profit
HPK
HPK
SKWD
SKWD
Q1 26
$49.7M
Q4 25
$-25.2M
$43.2M
Q3 25
$-18.3M
$45.9M
Q2 25
$26.2M
$38.8M
Q1 25
$36.3M
$42.1M
Q4 24
$9.0M
$14.4M
Q3 24
$49.9M
$36.7M
Q2 24
$29.7M
$31.0M
Operating Margin
HPK
HPK
SKWD
SKWD
Q1 26
14.9%
Q4 25
-7.6%
14.2%
Q3 25
17.3%
15.8%
Q2 25
21.7%
15.6%
Q1 25
35.1%
15.7%
Q4 24
26.1%
6.1%
Q3 24
27.0%
15.6%
Q2 24
31.7%
14.4%
Net Margin
HPK
HPK
SKWD
SKWD
Q1 26
10.5%
Q4 25
-11.6%
11.2%
Q3 25
-9.7%
12.0%
Q2 25
13.1%
12.1%
Q1 25
14.1%
12.8%
Q4 24
3.2%
4.7%
Q3 24
18.4%
12.2%
Q2 24
10.8%
11.1%
EPS (diluted)
HPK
HPK
SKWD
SKWD
Q1 26
$1.09
Q4 25
$-0.16
$1.03
Q3 25
$-0.15
$1.10
Q2 25
$0.19
$0.93
Q1 25
$0.26
$1.01
Q4 24
$0.06
$0.33
Q3 24
$0.35
$0.89
Q2 24
$0.21
$0.75

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$162.1M
$4.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$1.2B
Total Assets
$3.2B
$6.5B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
SKWD
SKWD
Q1 26
$4.1M
Q4 25
$162.1M
$168.5M
Q3 25
$164.9M
$160.1M
Q2 25
$21.9M
$136.6M
Q1 25
$51.6M
$112.9M
Q4 24
$86.6M
$121.6M
Q3 24
$135.6M
$105.6M
Q2 24
$157.9M
$73.0M
Total Debt
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
HPK
HPK
SKWD
SKWD
Q1 26
$1.2B
Q4 25
$1.6B
$1.0B
Q3 25
$1.6B
$961.4M
Q2 25
$1.7B
$899.9M
Q1 25
$1.6B
$850.7M
Q4 24
$1.6B
$794.0M
Q3 24
$1.6B
$797.5M
Q2 24
$1.6B
$723.6M
Total Assets
HPK
HPK
SKWD
SKWD
Q1 26
$6.5B
Q4 25
$3.2B
$4.8B
Q3 25
$3.2B
$4.6B
Q2 25
$3.1B
$4.3B
Q1 25
$3.1B
$4.0B
Q4 24
$3.1B
$3.7B
Q3 24
$3.1B
$3.6B
Q2 24
$3.1B
$3.4B
Debt / Equity
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
HPK
HPK
SKWD
SKWD
Operating Cash FlowLast quarter
$93.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
$93.1M
$408.1M
Q3 25
$120.2M
$171.4M
Q2 25
$141.2M
$88.2M
Q1 25
$157.1M
$96.8M
Q4 24
$139.5M
$305.1M
Q3 24
$177.1M
$168.0M
Q2 24
$202.3M
$21.0M
Free Cash Flow
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
$402.6M
Q3 25
$168.9M
Q2 25
$87.1M
Q1 25
$96.6M
Q4 24
$300.9M
Q3 24
$167.6M
Q2 24
$18.4M
FCF Margin
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
104.4%
Q3 25
44.2%
Q2 25
27.2%
Q1 25
29.4%
Q4 24
98.8%
Q3 24
55.7%
Q2 24
6.6%
Capex Intensity
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
1.4%
Q3 25
0.6%
Q2 25
0.3%
Q1 25
0.1%
Q4 24
1.4%
Q3 24
0.1%
Q2 24
0.9%
Cash Conversion
HPK
HPK
SKWD
SKWD
Q1 26
Q4 25
9.44×
Q3 25
3.73×
Q2 25
5.39×
2.27×
Q1 25
4.32×
2.30×
Q4 24
15.53×
21.18×
Q3 24
3.55×
4.58×
Q2 24
6.81×
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

SKWD
SKWD

Segment breakdown not available.

Related Comparisons