vs

Side-by-side financial comparison of Legend Biotech Corp (LEGN) 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 $272.3M, roughly 1.7× Legend Biotech Corp). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 10.5% vs -14.6%, a 25.0% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 44.8%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 30.4%).

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

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.

LEGN vs SKWD — Head-to-Head

Bigger by revenue
SKWD
SKWD
1.7× larger
SKWD
$475.9M
$272.3M
LEGN
Growing faster (revenue YoY)
LEGN
LEGN
+25.1% gap
LEGN
70.0%
44.8%
SKWD
Higher net margin
SKWD
SKWD
25.0% more per $
SKWD
10.5%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
30.4%
SKWD

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
LEGN
LEGN
SKWD
SKWD
Revenue
$272.3M
$475.9M
Net Profit
$-39.7M
$49.7M
Gross Margin
58.4%
Operating Margin
-16.0%
14.9%
Net Margin
-14.6%
10.5%
Revenue YoY
70.0%
44.8%
Net Profit YoY
68.3%
EPS (diluted)
$-0.11
$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
LEGN
LEGN
SKWD
SKWD
Q1 26
$475.9M
Q4 25
$385.6M
Q3 25
$272.3M
$382.5M
Q2 25
$255.1M
$319.9M
Q1 25
$195.1M
$328.5M
Q4 24
$304.4M
Q3 24
$160.2M
$300.9M
Q2 24
$186.5M
$279.9M
Net Profit
LEGN
LEGN
SKWD
SKWD
Q1 26
$49.7M
Q4 25
$43.2M
Q3 25
$-39.7M
$45.9M
Q2 25
$-125.4M
$38.8M
Q1 25
$-100.9M
$42.1M
Q4 24
$14.4M
Q3 24
$-125.3M
$36.7M
Q2 24
$-18.2M
$31.0M
Gross Margin
LEGN
LEGN
SKWD
SKWD
Q1 26
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Operating Margin
LEGN
LEGN
SKWD
SKWD
Q1 26
14.9%
Q4 25
14.2%
Q3 25
-16.0%
15.8%
Q2 25
15.6%
Q1 25
15.7%
Q4 24
6.1%
Q3 24
-43.9%
15.6%
Q2 24
14.4%
Net Margin
LEGN
LEGN
SKWD
SKWD
Q1 26
10.5%
Q4 25
11.2%
Q3 25
-14.6%
12.0%
Q2 25
-49.2%
12.1%
Q1 25
-51.7%
12.8%
Q4 24
4.7%
Q3 24
-78.2%
12.2%
Q2 24
-9.8%
11.1%
EPS (diluted)
LEGN
LEGN
SKWD
SKWD
Q1 26
$1.09
Q4 25
$1.03
Q3 25
$-0.11
$1.10
Q2 25
$-0.34
$0.93
Q1 25
$-0.27
$1.01
Q4 24
$0.33
Q3 24
$-0.34
$0.89
Q2 24
$-0.05
$0.75

Balance Sheet & Financial Strength

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

Metric
LEGN
LEGN
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$278.9M
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$1.2B
Total Assets
$1.7B
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEGN
LEGN
SKWD
SKWD
Q1 26
$4.1M
Q4 25
$168.5M
Q3 25
$278.9M
$160.1M
Q2 25
$266.6M
$136.6M
Q1 25
$441.7M
$112.9M
Q4 24
$121.6M
Q3 24
$459.3M
$105.6M
Q2 24
$201.3M
$73.0M
Stockholders' Equity
LEGN
LEGN
SKWD
SKWD
Q1 26
$1.2B
Q4 25
$1.0B
Q3 25
$1.0B
$961.4M
Q2 25
$1.0B
$899.9M
Q1 25
$1.0B
$850.7M
Q4 24
$794.0M
Q3 24
$1.1B
$797.5M
Q2 24
$1.2B
$723.6M
Total Assets
LEGN
LEGN
SKWD
SKWD
Q1 26
$6.5B
Q4 25
$4.8B
Q3 25
$1.7B
$4.6B
Q2 25
$1.7B
$4.3B
Q1 25
$1.6B
$4.0B
Q4 24
$3.7B
Q3 24
$1.7B
$3.6B
Q2 24
$1.8B
$3.4B

Cash Flow & Capital Efficiency

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

Metric
LEGN
LEGN
SKWD
SKWD
Operating Cash FlowLast quarter
$28.8M
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
LEGN
LEGN
SKWD
SKWD
Q1 26
Q4 25
$408.1M
Q3 25
$28.8M
$171.4M
Q2 25
$-13.0M
$88.2M
Q1 25
$-103.8M
$96.8M
Q4 24
$305.1M
Q3 24
$-75.8M
$168.0M
Q2 24
$-1.7M
$21.0M
Free Cash Flow
LEGN
LEGN
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
LEGN
LEGN
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
LEGN
LEGN
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
LEGN
LEGN
SKWD
SKWD
Q1 26
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×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

SKWD
SKWD

Segment breakdown not available.

Related Comparisons