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Bowhead Specialty Holdings Inc. balance sheet

At the end of fiscal 2025, Bowhead Specialty Holdings Inc. had total assets of $2.37bn, total liabilities of $1.92bn and shareholders' equity of $448m. It held $194m in cash against $146m of debt: net cash of $47.1m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bowhead Specialty Holdings Inc.: balance sheet, annual
Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents6511897194142
Total assets—1,0281,6542,3712,681
Long-term debt——0146147
Total debt000146147
Total liabilities—8361,2841,9222,207
Shareholders' equity—192370448472
Net debt (negative = net cash)−65−118−97−475
Shares outstanding—24m33m33m33m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Bowhead Specialty Holdings Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bowhead Specialty Holdings Inc.