# Bowhead Specialty Holdings Inc.: overview

BOW · NYSE · CIK 2002473 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bow.md) · [Financials](/companies/bow/financials.md) · [Filings](/companies/bow/filings.md) · [Insiders](/companies/bow/insiders.md)

Latest reported revenue: [$163.9m](/filings/0001628280-26-051847.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 3, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-051847).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [117](/filings/0001628280-25-048878.md) | [119 d](/filings/0001628280-26-011089.md) | [123](/filings/0001628280-26-030616.md) | [133](/filings/0001628280-26-051847.md) | [144](/filings/0001628280-25-048878.md) | [152 d](/filings/0001628280-26-011089.md) | [156](/filings/0001628280-26-030616.md) | [164](/filings/0001628280-26-051847.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [10.4%](/filings/0001628280-25-048878.md) | [11.4% d](/filings/0001628280-26-011089.md) | [9.3%](/filings/0001628280-26-051847.md) | [9.3%](/filings/0001628280-26-051847.md) | [10.5%](/filings/0001628280-25-048878.md) | [9.8% d](/filings/0001628280-26-011089.md) | [10.3%](/filings/0001628280-26-051847.md) | [9.8%](/filings/0001628280-26-051847.md) |
| Diluted EPS | $ per share | [0.36](/filings/0001628280-25-048878.md) | not reported | [0.34](/filings/0001628280-26-030616.md) | [0.36](/filings/0001628280-26-051847.md) | [0.45](/filings/0001628280-25-048878.md) | not reported | [0.48](/filings/0001628280-26-030616.md) | [0.48](/filings/0001628280-26-051847.md) |
| Free cash flow | $m | [118 d](/filings/0001628280-25-048878.md) | [60.9 d](/filings/0001628280-26-011089.md) | [46.5](/filings/0001628280-26-030616.md) | [107 d](/filings/0001628280-26-051847.md) | [113 d](/filings/0001628280-25-048878.md) | [58.6 d](/filings/0001628280-26-011089.md) | [64.2](/filings/0001628280-26-030616.md) | [92.5 d](/filings/0001628280-26-051847.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-12-31) | FY (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [188](/filings/0002002473-25-000008.md) | [283](/filings/0001628280-26-011089.md) | [426](/filings/0001628280-26-011089.md) | [552](/filings/0001628280-26-011089.md) |
| Gross margin | % | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported |
| Net margin | % | [6.0%](/filings/0002002473-25-000008.md) | [8.8%](/filings/0001628280-26-011089.md) | [9.0%](/filings/0001628280-26-011089.md) | [9.8%](/filings/0001628280-26-011089.md) |
| Diluted EPS | $ per share | [0.47](/filings/0002002473-25-000008.md) | [1.04](/filings/0001628280-26-011089.md) | [1.29](/filings/0001628280-26-011089.md) | [1.59](/filings/0001628280-26-011089.md) |
| Free cash flow | $m | [178](/filings/0002002473-25-000008.md) | [232](/filings/0001628280-26-011089.md) | [291](/filings/0001628280-26-011089.md) | [326](/filings/0001628280-26-011089.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bow/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Gallatin Point Capital LLC](/funds/1708030.md) | 2026-06-30 | $268.4m | 8,968,445 |  | Unchanged |
| [American Family Investments, Inc.](/funds/2029723.md) | 2026-06-30 | $140.7m | 4,700,761 |  | Unchanged |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $62.3m | 2,081,072 |  | Added +111,404 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $51.8m | 1,729,490 |  | Added +187,840 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $46.5m | 1,552,167 |  | Added +139,560 |
| [Polar Capital Holdings Plc](/funds/1837309.md) | 2026-06-30 | $44.9m | 1,500,000 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $25.0m | 834,303 |  | Added +5,881 |
| [SILVERCREST ASSET MANAGEMENT GROUP LLC](/funds/1232395.md) | 2026-06-30 | $16.5m | 551,821 |  | New +551,821 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $13.6m | 455,139 |  | Added +33,892 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $13.1m | 436,205 |  | Added +22,275 |

## Recent filings

[All 175 filings](/companies/bow/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-14 | 20:40 ET | [8-K](/filings/0001628280-26-061867.md) | 5.02 Departure or appointment of officers or directors | 0001628280-26-061867 |
| 2026-08-19 | 20:28 ET | [8-K](/filings/0001628280-26-057976.md) | 5.02 Departure or appointment of officers or directors | 0001628280-26-057976 |
| 2026-08-05 | 21:03 ET | [DEF 14A](/filings/0002002473-26-000017.md) | Proxy statement, period 2026-08-05 | 0002002473-26-000017 |
| 2026-08-03 | 20:31 ET | [DEF 14A](/filings/0001628280-26-051903.md) | Proxy statement, period 2026-08-03 | 0001628280-26-051903 |
| 2026-08-03 | 20:14 ET | [10-Q](/filings/0001628280-26-051847.md) | Quarterly report, period 2026-06-30 | 0001628280-26-051847 |
| 2026-08-03 | 12:03 ET | [8-K](/filings/0001628280-26-051540.md) | 1.01 Entry into a material agreement; 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-051540 |
| 2026-05-05 | 20:25 ET | [10-Q](/filings/0001628280-26-030616.md) | Quarterly report, period 2026-03-31 | 0001628280-26-030616 |
| 2026-05-05 | 11:01 ET | [8-K](/filings/0001628280-26-030113.md) | 1.01 Entry into a material agreement; 2.02 Results of operations; 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-030113 |
| 2026-03-16 | 20:37 ET | [DEF 14A](/filings/0002002473-26-000006.md) | Proxy statement, period 2026-04-30 | 0002002473-26-000006 |
| 2026-02-24 | 21:13 ET | [10-K](/filings/0001628280-26-011089.md) | Annual report, period 2025-12-31 | 0001628280-26-011089 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-011089.md), filed Feb 24, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1edde2fe-4b0e-4701-9181-92b6f18780ff)

## About the filer

- CIK: 2002473
- Tickers: BOW
- Exchange: NYSE
- SIC code: 6331 Fire, Marine & Casualty Insurance
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.
