The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 46,171 | 74,495 |
| Loss on disposals of equipment, software and other assets | -229 | -1,211 |
| Loss related to warrant liabilities, net | 0 | 0 |
| Expense related to tax receivable agreement liability | 32,275 | - |
| Depreciation and amortization | 9,413 | 18,321 |
| Provision for deferred taxes | -36,474 | 2,061 |
| Share-based compensation expense | 5,089 | 9,538 |
| Non-cash lease expense | 2,364 | 4,226 |
| Realized (gain) loss on investments, net | 1,271 | 879 |
| (accretion) amortization of discount and premium, net | -1,173 | -2,316 |
| Other | -1,326 | -355 |
| Accounts, premiums and commissions receivable | -24,633 | 148,883 |
| Deferred acquisition costs, net | 14,066 | 21,964 |
| Increase (decrease) in tax receivable agreement liability | - | 3,078 |
| Losses payable and provision for unpaid losses and loss adjustment expenses | 17,628 | -7,828 |
| Ceding commissions payable | -5,607 | 35,691 |
| Advance premiums and due to insurers | -16,263 | 78,846 |
| Unearned premiums | 28,898 | 52,957 |
| Operating lease assets and liabilities | -2,342 | -4,534 |
| Other assets and liabilities, net | -4,419 | -3,339 |
| Net cash provided by operating activities | 92,171 | 97,714 |
| Capital expenditures | 6,950 | 11,549 |
| Acquisitions, net of cash acquired, and other investments | 2,125 | 0 |
| Issuance of notes receivable | 22,478 | 26,617 |
| Collection of notes receivable | 6,741 | 8,091 |
| Purchases of fixed maturity securities | 124,600 | 98,455 |
| Proceeds from sales of fixed maturity securities | 19,832 | 21,341 |
| Proceeds from maturities of fixed maturity securities | 46,726 | 75,470 |
| Purchases of equity securities | 10,218 | 347 |
| Proceeds from sales of equity securities | 533 | 378 |
| Other investing activities | -1,572 | 151 |
| Net cash used in investing activities | -90,967 | -31,839 |
| Payments on long-term debt | 46,180 | 124,493 |
| Proceeds from long-term debt, net of issuance costs | 48,362 | 192,339 |
| Distributions paid to non-controlling interest unit holders | 167 | 30,380 |
| Payment of series a convertible preferred stock dividends | 0 | 5,600 |
| Funding of tax receivable agreement payments | 0 | -223 |
| Funding of employee tax obligations upon vesting of share-based payments | 1,084 | 2,452 |
| Other financing activities | 0 | 289 |
| Net cash provided by (used in) financing activities | 931 | 29,480 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents | -74 | 2,386 |
| Change in cash and cash equivalents and restricted cash and cash equivalents | 2,061 | 97,741 |
| Cash and cash equivalents at beginning of period | 232,845 | - |
| Cash and cash equivalents at end of period | 332,647 | - |
Hagerty, Inc. (HGTY)
Hagerty, Inc. (HGTY)