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Side-by-side financial comparison of Skyward Specialty Insurance Group, Inc. (SKWD) and Verisign (VRSN). Click either name above to swap in a different company.

Verisign is the larger business by last-quarter revenue ($425.3M vs $385.6M, roughly 1.1× Skyward Specialty Insurance Group, Inc.). Verisign runs the higher net margin — 48.5% vs 11.2%, a 37.3% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 7.6%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $285.1M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 5.2%).

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.

Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.

SKWD vs VRSN — Head-to-Head

Bigger by revenue
VRSN
VRSN
1.1× larger
VRSN
$425.3M
$385.6M
SKWD
Growing faster (revenue YoY)
SKWD
SKWD
+19.1% gap
SKWD
26.7%
7.6%
VRSN
Higher net margin
VRSN
VRSN
37.3% more per $
VRSN
48.5%
11.2%
SKWD
More free cash flow
SKWD
SKWD
$117.5M more FCF
SKWD
$402.6M
$285.1M
VRSN
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
20.6%
5.2%
VRSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SKWD
SKWD
VRSN
VRSN
Revenue
$385.6M
$425.3M
Net Profit
$43.2M
$206.2M
Gross Margin
88.5%
Operating Margin
14.2%
67.0%
Net Margin
11.2%
48.5%
Revenue YoY
26.7%
7.6%
Net Profit YoY
200.1%
7.7%
EPS (diluted)
$1.03

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
VRSN
VRSN
Q4 25
$385.6M
$425.3M
Q3 25
$382.5M
$419.1M
Q2 25
$319.9M
$409.9M
Q1 25
$328.5M
$402.3M
Q4 24
$304.4M
$395.4M
Q3 24
$300.9M
$390.6M
Q2 24
$279.9M
$387.1M
Q1 24
$265.0M
$384.3M
Net Profit
SKWD
SKWD
VRSN
VRSN
Q4 25
$43.2M
$206.2M
Q3 25
$45.9M
$212.8M
Q2 25
$38.8M
$207.4M
Q1 25
$42.1M
$199.3M
Q4 24
$14.4M
$191.5M
Q3 24
$36.7M
$201.3M
Q2 24
$31.0M
$198.8M
Q1 24
$36.8M
$194.1M
Gross Margin
SKWD
SKWD
VRSN
VRSN
Q4 25
88.5%
Q3 25
88.4%
Q2 25
88.0%
Q1 25
87.7%
Q4 24
87.8%
Q3 24
88.0%
Q2 24
87.8%
Q1 24
87.2%
Operating Margin
SKWD
SKWD
VRSN
VRSN
Q4 25
14.2%
67.0%
Q3 25
15.8%
67.8%
Q2 25
15.6%
68.5%
Q1 25
15.7%
67.4%
Q4 24
6.1%
66.7%
Q3 24
15.6%
68.9%
Q2 24
14.4%
68.8%
Q1 24
17.7%
67.4%
Net Margin
SKWD
SKWD
VRSN
VRSN
Q4 25
11.2%
48.5%
Q3 25
12.0%
50.8%
Q2 25
12.1%
50.6%
Q1 25
12.8%
49.5%
Q4 24
4.7%
48.4%
Q3 24
12.2%
51.5%
Q2 24
11.1%
51.4%
Q1 24
13.9%
50.5%
EPS (diluted)
SKWD
SKWD
VRSN
VRSN
Q4 25
$1.03
Q3 25
$1.10
Q2 25
$0.93
Q1 25
$1.01
Q4 24
$0.33
Q3 24
$0.89
Q2 24
$0.75
Q1 24
$0.90

Balance Sheet & Financial Strength

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

Metric
SKWD
SKWD
VRSN
VRSN
Cash + ST InvestmentsLiquidity on hand
$168.5M
$580.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$-2.2B
Total Assets
$4.8B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SKWD
SKWD
VRSN
VRSN
Q4 25
$168.5M
$580.5M
Q3 25
$160.1M
$617.7M
Q2 25
$136.6M
$593.8M
Q1 25
$112.9M
$648.5M
Q4 24
$121.6M
$599.9M
Q3 24
$105.6M
$644.9M
Q2 24
$73.0M
$689.9M
Q1 24
$85.1M
$924.7M
Stockholders' Equity
SKWD
SKWD
VRSN
VRSN
Q4 25
$1.0B
$-2.2B
Q3 25
$961.4M
$-2.1B
Q2 25
$899.9M
$-2.0B
Q1 25
$850.7M
$-2.0B
Q4 24
$794.0M
$-2.0B
Q3 24
$797.5M
$-1.9B
Q2 24
$723.6M
$-1.8B
Q1 24
$692.3M
$-1.6B
Total Assets
SKWD
SKWD
VRSN
VRSN
Q4 25
$4.8B
$1.3B
Q3 25
$4.6B
$1.4B
Q2 25
$4.3B
$1.4B
Q1 25
$4.0B
$1.4B
Q4 24
$3.7B
$1.4B
Q3 24
$3.6B
$1.5B
Q2 24
$3.4B
$1.5B
Q1 24
$3.2B
$1.7B

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
VRSN
VRSN
Operating Cash FlowLast quarter
$408.1M
$289.6M
Free Cash FlowOCF − Capex
$402.6M
$285.1M
FCF MarginFCF / Revenue
104.4%
67.0%
Capex IntensityCapex / Revenue
1.4%
1.1%
Cash ConversionOCF / Net Profit
9.44×
1.40×
TTM Free Cash FlowTrailing 4 quarters
$755.2M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SKWD
SKWD
VRSN
VRSN
Q4 25
$408.1M
$289.6M
Q3 25
$171.4M
$307.7M
Q2 25
$88.2M
$202.5M
Q1 25
$96.8M
$291.3M
Q4 24
$305.1M
$231.5M
Q3 24
$168.0M
$253.4M
Q2 24
$21.0M
$160.4M
Q1 24
$94.3M
$257.3M
Free Cash Flow
SKWD
SKWD
VRSN
VRSN
Q4 25
$402.6M
$285.1M
Q3 25
$168.9M
$303.0M
Q2 25
$87.1M
$194.7M
Q1 25
$96.6M
$285.5M
Q4 24
$300.9M
$222.0M
Q3 24
$167.6M
$247.8M
Q2 24
$18.4M
$151.2M
Q1 24
$94.0M
$253.5M
FCF Margin
SKWD
SKWD
VRSN
VRSN
Q4 25
104.4%
67.0%
Q3 25
44.2%
72.3%
Q2 25
27.2%
47.5%
Q1 25
29.4%
71.0%
Q4 24
98.8%
56.1%
Q3 24
55.7%
63.4%
Q2 24
6.6%
39.1%
Q1 24
35.5%
66.0%
Capex Intensity
SKWD
SKWD
VRSN
VRSN
Q4 25
1.4%
1.1%
Q3 25
0.6%
1.1%
Q2 25
0.3%
1.9%
Q1 25
0.1%
1.4%
Q4 24
1.4%
2.4%
Q3 24
0.1%
1.4%
Q2 24
0.9%
2.4%
Q1 24
0.1%
1.0%
Cash Conversion
SKWD
SKWD
VRSN
VRSN
Q4 25
9.44×
1.40×
Q3 25
3.73×
1.45×
Q2 25
2.27×
0.98×
Q1 25
2.30×
1.46×
Q4 24
21.18×
1.21×
Q3 24
4.58×
1.26×
Q2 24
0.68×
0.81×
Q1 24
2.56×
1.33×

Financial Flow Comparison

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

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