Bowhead Specialty Holdings Inc.(BOW)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Bowhead Specialty Holdings Inc. (BOW) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores BOW at 64.1/100 on a 32-signal composite quality model, placing it at rank #578 of 2,962 stocks — the top 25% of the AI-ranked universe. BOW scores in the top quartile across earnings quality (96.7), free cash flow (95.9), revenue growth (90.1). Areas of concern include institutional flow (34.9), which score below median versus the broader universe. Shareholder dilution risk is elevated at 49.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Bowhead Specialty Holdings Inc. reports quarterly revenue of $163.9M, net income of $16.1M, an operating margin of 12.6%. Top institutional holders of BOW by reported 13-F value include Gallatin Point Capital, American Family Investments, AMERICAN CENTURY COMPANIES, based on the most recent SEC filings. BOW trades on the NYSE exchange and files with the SEC under CIK 2002473. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BOW daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Bowhead Specialty Holdings Inc. directly from SEC EDGAR.
AI Quality Score
64.1/100
AI Rank
#578
Revenue
$163.9M
Net Income
$16.1M
Free Cash Flow
$92.5M
Operating Margin
12.6%
BOW key financials by period
Bowhead Specialty Holdings Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$551.6M
$53.8M
12.2%
FY 2024
10-K
$425.7M
$38.2M
11.9%
FY 2023
10-K
$283.4M
$25.0M
11.3%
FY 2022
10-K
$187.6M
$11.3M
7.8%
Institutions holding BOW
Institutional investors reporting a position in Bowhead Specialty Holdings Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-03 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Bowhead grew Q2 2026 revenue 23.0% YoY to $163.9M and net income 30.8% to $16.1M, but on August 2, 2026 agreed to be acquired by strategic partner and ~14.3% shareholder AmFam.
Biggest Revenue Drivers
Net earned premiums$144.0M+20.8% YoY
Earning of increased gross written premiums, led by the Casualty division, partially offset by earning of increased ceded premiums under reinsurance treaties
Net investment income$18.8M+37.6% YoY
Higher average balance of investments during the quarter
Biggest Revenue Drivers
Total revenue: $163.9M+23.0% YoY
Net earned premiums$144.0M+20.8% YoY
Earning of increased gross written premiums, led by the Casualty division, partially offset by earning of increased ceded premiums under reinsurance treaties
Net investment income$18.8M+37.6% YoY
Higher average balance of investments during the quarter
Other insurance-related income$1.1M+138.0% YoY
Fees associated with policy issuance and insurance-related services
Largest Expense Items
Net losses and loss adjustment expenses$96.9M+22.9% YoY
Loss ratio rose to 67.3% from 66.2%, driven by lower ceded loss activity under excess of loss treaties and changes in portfolio mix
Operating expenses$26.4M+2.1% YoY
Continued scaling of the business, with net earned premiums growing faster than expenses, plus prudent management of deferrable costs
Net acquisition costs$15.8M+43.3% YoY
Increase in earned broker commissions from portfolio mix and higher commission rates, and an increase in the Ceding Fee paid to AmFam
Interest expense and financing fees$3.3M+1151.3% YoY
Interest on the $150 million 7.75% Senior Notes issued in November 2025, which were not outstanding in the prior-year quarter
Margins: Combined ratio improved to 95.9% from 96.8%, as a 2.0-point decrease in the expense ratio from scaling benefits more than offset a 1.1-point increase in the loss ratio driven by lower ceded loss activity and portfolio mix.
Watch Items from the Filing
On August 2, 2026, Bowhead entered a definitive merger agreement to be acquired by AmFam, its reinsurance/quota-share partner and ~14.3% shareholder, subject to stockholder and regulatory approval.
Two brokers, AmWINS Group (28.6%) and Ryan Specialty Group (25.4%), together generated over half of gross written premium for the six months ended June 30, 2026.
The three largest reinsurers account for 30.0%, 23.3%, and 16.9% of the reinsurance recoverable balance as of June 30, 2026.
The quota share cession rate to reinsurers increased from 26% to 33.5% effective May 1, 2026, ceding a larger share of premium and future earnings.
Baleen Specialty gross written premiums grew 311.1% YoY to $13.9M in Q2 2026, now 4.7% of total gross written premium.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
