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Side-by-side financial comparison of Skyward Specialty Insurance Group, Inc. (SKWD) and Tecnoglass Inc. (TGLS). 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 $245.3M, roughly 1.9× Tecnoglass Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 10.5%, a 0.2% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs 2.4%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs 12.8%).
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.
Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.
SKWD vs TGLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.9M | $245.3M |
| Net Profit | $49.7M | $26.1M |
| Gross Margin | — | 40.0% |
| Operating Margin | 14.9% | 18.3% |
| Net Margin | 10.5% | 10.6% |
| Revenue YoY | 44.8% | 2.4% |
| Net Profit YoY | — | -44.5% |
| EPS (diluted) | $1.09 | $0.57 |
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 | $385.6M | $245.3M | ||
| Q3 25 | $382.5M | $260.5M | ||
| Q2 25 | $319.9M | $255.5M | ||
| Q1 25 | $328.5M | $222.3M | ||
| Q4 24 | $304.4M | $239.6M | ||
| Q3 24 | $300.9M | $238.3M | ||
| Q2 24 | $279.9M | $219.7M |
| Q1 26 | $49.7M | — | ||
| Q4 25 | $43.2M | $26.1M | ||
| Q3 25 | $45.9M | $47.2M | ||
| Q2 25 | $38.8M | $44.1M | ||
| Q1 25 | $42.1M | $42.2M | ||
| Q4 24 | $14.4M | $47.0M | ||
| Q3 24 | $36.7M | $49.5M | ||
| Q2 24 | $31.0M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 40.8% |
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.2% | 18.3% | ||
| Q3 25 | 15.8% | 25.1% | ||
| Q2 25 | 15.6% | 24.0% | ||
| Q1 25 | 15.7% | 26.7% | ||
| Q4 24 | 6.1% | 28.0% | ||
| Q3 24 | 15.6% | 28.4% | ||
| Q2 24 | 14.4% | 23.3% |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 11.2% | 10.6% | ||
| Q3 25 | 12.0% | 18.1% | ||
| Q2 25 | 12.1% | 17.3% | ||
| Q1 25 | 12.8% | 19.0% | ||
| Q4 24 | 4.7% | 19.6% | ||
| Q3 24 | 12.2% | 20.8% | ||
| Q2 24 | 11.1% | 15.9% |
| Q1 26 | $1.09 | — | ||
| Q4 25 | $1.03 | $0.57 | ||
| Q3 25 | $1.10 | $1.01 | ||
| Q2 25 | $0.93 | $0.94 | ||
| Q1 25 | $1.01 | $0.90 | ||
| Q4 24 | $0.33 | $1.00 | ||
| Q3 24 | $0.89 | $1.05 | ||
| Q2 24 | $0.75 | $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 | $4.1M | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $1.2B | $713.1M |
| Total Assets | $6.5B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.1M | — | ||
| Q4 25 | $168.5M | $104.1M | ||
| Q3 25 | $160.1M | $127.1M | ||
| Q2 25 | $136.6M | $140.9M | ||
| Q1 25 | $112.9M | $160.2M | ||
| Q4 24 | $121.6M | $137.5M | ||
| Q3 24 | $105.6M | $124.8M | ||
| Q2 24 | $73.0M | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $713.1M | ||
| Q3 25 | $961.4M | $764.0M | ||
| Q2 25 | $899.9M | $736.0M | ||
| Q1 25 | $850.7M | $685.1M | ||
| Q4 24 | $794.0M | $631.2M | ||
| Q3 24 | $797.5M | $613.3M | ||
| Q2 24 | $723.6M | $574.8M |
| Q1 26 | $6.5B | — | ||
| Q4 25 | $4.8B | $1.3B | ||
| Q3 25 | $4.6B | $1.2B | ||
| Q2 25 | $4.3B | $1.2B | ||
| Q1 25 | $4.0B | $1.1B | ||
| Q4 24 | $3.7B | $1.0B | ||
| Q3 24 | $3.6B | $996.3M | ||
| Q2 24 | $3.4B | $942.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× |
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 | — | $31.0M |
| Free Cash FlowOCF − Capex | — | $11.4M |
| FCF MarginFCF / Revenue | — | 4.7% |
| Capex IntensityCapex / Revenue | — | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $408.1M | $31.0M | ||
| Q3 25 | $171.4M | $40.0M | ||
| Q2 25 | $88.2M | $17.9M | ||
| Q1 25 | $96.8M | $46.9M | ||
| Q4 24 | $305.1M | $61.1M | ||
| Q3 24 | $168.0M | $41.5M | ||
| Q2 24 | $21.0M | $34.5M |
| Q1 26 | — | — | ||
| Q4 25 | $402.6M | $11.4M | ||
| Q3 25 | $168.9M | $21.2M | ||
| Q2 25 | $87.1M | $-14.7M | ||
| Q1 25 | $96.6M | $16.5M | ||
| Q4 24 | $300.9M | $35.4M | ||
| Q3 24 | $167.6M | $17.8M | ||
| Q2 24 | $18.4M | $14.2M |
| Q1 26 | — | — | ||
| Q4 25 | 104.4% | 4.7% | ||
| Q3 25 | 44.2% | 8.2% | ||
| Q2 25 | 27.2% | -5.7% | ||
| Q1 25 | 29.4% | 7.4% | ||
| Q4 24 | 98.8% | 14.8% | ||
| Q3 24 | 55.7% | 7.5% | ||
| Q2 24 | 6.6% | 6.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 8.0% | ||
| Q3 25 | 0.6% | 7.2% | ||
| Q2 25 | 0.3% | 12.7% | ||
| Q1 25 | 0.1% | 13.7% | ||
| Q4 24 | 1.4% | 10.7% | ||
| Q3 24 | 0.1% | 9.9% | ||
| Q2 24 | 0.9% | 9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.44× | 1.19× | ||
| Q3 25 | 3.73× | 0.85× | ||
| Q2 25 | 2.27× | 0.41× | ||
| Q1 25 | 2.30× | 1.11× | ||
| Q4 24 | 21.18× | 1.30× | ||
| Q3 24 | 4.58× | 0.84× | ||
| Q2 24 | 0.68× | 0.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SKWD
Segment breakdown not available.
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
