vs

Side-by-side financial comparison of Skyward Specialty Insurance Group, Inc. (SKWD) and SunOpta Inc. (STKL). 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 $205.4M, roughly 2.3× SunOpta Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 10.5% vs 0.4%, a 10.1% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs 16.6%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs 7.4%).

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.

SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.

SKWD vs STKL — Head-to-Head

Bigger by revenue
SKWD
SKWD
2.3× larger
SKWD
$475.9M
$205.4M
STKL
Growing faster (revenue YoY)
SKWD
SKWD
+28.3% gap
SKWD
44.8%
16.6%
STKL
Higher net margin
SKWD
SKWD
10.1% more per $
SKWD
10.5%
0.4%
STKL
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
30.4%
7.4%
STKL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
SKWD
SKWD
STKL
STKL
Revenue
$475.9M
$205.4M
Net Profit
$49.7M
$816.0K
Gross Margin
12.4%
Operating Margin
14.9%
3.3%
Net Margin
10.5%
0.4%
Revenue YoY
44.8%
16.6%
Net Profit YoY
113.1%
EPS (diluted)
$1.09
$0.01

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
SKWD
SKWD
STKL
STKL
Q1 26
$475.9M
Q4 25
$385.6M
Q3 25
$382.5M
$205.4M
Q2 25
$319.9M
$191.5M
Q1 25
$328.5M
$201.6M
Q4 24
$304.4M
$193.9M
Q3 24
$300.9M
$175.9M
Q2 24
$279.9M
$169.5M
Net Profit
SKWD
SKWD
STKL
STKL
Q1 26
$49.7M
Q4 25
$43.2M
Q3 25
$45.9M
$816.0K
Q2 25
$38.8M
$4.4M
Q1 25
$42.1M
$4.8M
Q4 24
$14.4M
$-8.7M
Q3 24
$36.7M
$-6.2M
Q2 24
$31.0M
$-5.3M
Gross Margin
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
Q3 25
12.4%
Q2 25
14.8%
Q1 25
15.0%
Q4 24
10.9%
Q3 24
13.0%
Q2 24
12.5%
Operating Margin
SKWD
SKWD
STKL
STKL
Q1 26
14.9%
Q4 25
14.2%
Q3 25
15.8%
3.3%
Q2 25
15.6%
5.5%
Q1 25
15.7%
5.2%
Q4 24
6.1%
1.4%
Q3 24
15.6%
0.5%
Q2 24
14.4%
1.2%
Net Margin
SKWD
SKWD
STKL
STKL
Q1 26
10.5%
Q4 25
11.2%
Q3 25
12.0%
0.4%
Q2 25
12.1%
2.3%
Q1 25
12.8%
2.4%
Q4 24
4.7%
-4.5%
Q3 24
12.2%
-3.5%
Q2 24
11.1%
-3.1%
EPS (diluted)
SKWD
SKWD
STKL
STKL
Q1 26
$1.09
Q4 25
$1.03
Q3 25
$1.10
$0.01
Q2 25
$0.93
$0.03
Q1 25
$1.01
$0.04
Q4 24
$0.33
$-0.08
Q3 24
$0.89
$-0.05
Q2 24
$0.75
$-0.04

Balance Sheet & Financial Strength

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

Metric
SKWD
SKWD
STKL
STKL
Cash + ST InvestmentsLiquidity on hand
$4.1M
$2.2M
Total DebtLower is stronger
$250.8M
Stockholders' EquityBook value
$1.2B
$162.8M
Total Assets
$6.5B
$694.1M
Debt / EquityLower = less leverage
1.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SKWD
SKWD
STKL
STKL
Q1 26
$4.1M
Q4 25
$168.5M
Q3 25
$160.1M
$2.2M
Q2 25
$136.6M
$2.2M
Q1 25
$112.9M
$2.3M
Q4 24
$121.6M
$1.6M
Q3 24
$105.6M
$2.9M
Q2 24
$73.0M
$3.2M
Total Debt
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
Q3 25
$250.8M
Q2 25
$263.3M
Q1 25
$260.6M
Q4 24
$265.2M
Q3 24
$289.9M
Q2 24
$303.1M
Stockholders' Equity
SKWD
SKWD
STKL
STKL
Q1 26
$1.2B
Q4 25
$1.0B
Q3 25
$961.4M
$162.8M
Q2 25
$899.9M
$159.8M
Q1 25
$850.7M
$154.8M
Q4 24
$794.0M
$148.6M
Q3 24
$797.5M
$155.0M
Q2 24
$723.6M
$158.8M
Total Assets
SKWD
SKWD
STKL
STKL
Q1 26
$6.5B
Q4 25
$4.8B
Q3 25
$4.6B
$694.1M
Q2 25
$4.3B
$704.9M
Q1 25
$4.0B
$690.7M
Q4 24
$3.7B
$668.5M
Q3 24
$3.6B
$699.3M
Q2 24
$3.4B
$704.7M
Debt / Equity
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
Q3 25
1.54×
Q2 25
1.65×
Q1 25
1.68×
Q4 24
1.78×
Q3 24
1.87×
Q2 24
1.91×

Cash Flow & Capital Efficiency

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

Metric
SKWD
SKWD
STKL
STKL
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$12.1M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
20.03×
TTM Free Cash FlowTrailing 4 quarters
$36.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
$408.1M
Q3 25
$171.4M
$16.3M
Q2 25
$88.2M
$-4.5M
Q1 25
$96.8M
$22.3M
Q4 24
$305.1M
$33.1M
Q3 24
$168.0M
$17.2M
Q2 24
$21.0M
$-5.6M
Free Cash Flow
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
$402.6M
Q3 25
$168.9M
$12.1M
Q2 25
$87.1M
$-9.2M
Q1 25
$96.6M
$9.5M
Q4 24
$300.9M
$24.0M
Q3 24
$167.6M
$11.7M
Q2 24
$18.4M
$-15.3M
FCF Margin
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
104.4%
Q3 25
44.2%
5.9%
Q2 25
27.2%
-4.8%
Q1 25
29.4%
4.7%
Q4 24
98.8%
12.4%
Q3 24
55.7%
6.6%
Q2 24
6.6%
-9.0%
Capex Intensity
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
1.4%
Q3 25
0.6%
2.1%
Q2 25
0.3%
2.5%
Q1 25
0.1%
6.3%
Q4 24
1.4%
4.7%
Q3 24
0.1%
3.2%
Q2 24
0.9%
5.7%
Cash Conversion
SKWD
SKWD
STKL
STKL
Q1 26
Q4 25
9.44×
Q3 25
3.73×
20.03×
Q2 25
2.27×
-1.03×
Q1 25
2.30×
4.63×
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

SKWD
SKWD

Segment breakdown not available.

STKL
STKL

Beverages And Broths$161.4M79%
Fruit Snacks$40.9M20%
Ingredients$3.1M2%

Related Comparisons