For the quarter ending 2025-09-30, HGTY has $2,151,955K in assets. $1,437,164K in debts. $160,386K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 160,386 | 140,300 | ||
| Restricted cash and cash equivalents | 172,261 | 190,286 | ||
| Investments | 130,147 | 119,326 | ||
| Accounts receivable | 107,476 | 107,925 | ||
| Premiums receivable | 230,919 | 249,830 | ||
| Commissions receivable | 27,404 | 27,362 | ||
| Notes receivable | 94,158 | 83,478 | ||
| Deferred acquisition costs, net | 192,496 | 178,430 | ||
| Other current assets | 99,073 | 116,047 | ||
| Total current assets | 1,214,320 | 1,212,984 | ||
| Investments | 543,772 | 482,248 | ||
| Notes receivable | 17,807 | 17,931 | ||
| Lease right-of-use assets | 42,229 | 42,549 | ||
| Intangible assets, net | 88,452 | 86,732 | ||
| Goodwill | 114,150 | 114,165 | ||
| Property and equipment, net | - | 17,259 | ||
| Deferred tax assets | 45,265 | - | ||
| Other long-term assets | 85,960 | 66,707 | ||
| Total assets | 2,151,955 | 2,040,575 | ||
| Contract liabilities | - | 36,602 | ||
| Accounts payable, accrued expenses and other current liabilities | 147,868 | 138,349 | ||
| Current portion of long-term debt | 73,118 | - | ||
| Losses payable and provision for unpaid losses and loss adjustment expenses | 276,678 | 259,050 | ||
| Ceding commissions payable | 107,473 | 113,080 | ||
| Advance premiums and due to insurers | 171,616 | 188,403 | ||
| Unearned premiums | 439,395 | 410,496 | ||
| Total current liabilities | 1,216,148 | 1,145,980 | ||
| Long-term lease liabilities | 40,511 | 40,903 | ||
| Debt, net | 104,386 | 153,383 | ||
| Deferred tax liability | 24,185 | 21,857 | ||
| Tax receivable agreement liability | 37,913 | - | ||
| Contract liabilities | - | 14,334 | ||
| Other long-term liabilities | 14,021 | 3,267 | ||
| Total liabilities | 1,437,164 | 1,379,724 | ||
| Preferred stock, 0.0001 par value (20,000,000 shares authorized, 8,483,561 series a convertible preferred stock issued and outstanding as of september30, 2025 and december31, 2024) | 84,716 | 82,813 | ||
| Common stock-Common Class A | 10 | 9 | ||
| Common stock-Common Class V | 24 | 25 | ||
| Additional paid-in capital | 622,405 | 604,621 | ||
| Accumulated earnings (deficit) | -411,786 | -432,634 | ||
| Accumulated other comprehensive income (loss) | 998 | 262 | ||
| Total stockholders' equity | 211,651 | 172,283 | ||
| Non-controlling interest | 418,424 | 405,755 | ||
| Total equity (note 17) | 630,075 | 578,038 | ||
| Total liabilities, temporary equity and stockholders' equity | 2,151,955 | 2,040,575 | ||
Hagerty, Inc. (HGTY)
Hagerty, Inc. (HGTY)