The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 149.225 |
| Loss on disposals of equipment, software and other assets | -1.912 |
| Loss (gain) related to warrant liabilities, net | 0 |
| Change in tra liability | 32.235 |
| Depreciation and amortization | 37.524 |
| Provision for deferred taxes | -34.503 |
| Share-based compensation expense | 18.908 |
| Non-cash lease expense | 8.911 |
| Net investment gains | 3.064 |
| (accretion) amortization of discount and premium, net | -4.146 |
| Other | -1.297 |
| Accounts, premiums and commissions receivable | 62.595 |
| Deferred acquisition costs, net | 22.758 |
| Reinsurance recoverables | 3.369 |
| Prepaid reinsurance premiums | 3.429 |
| Advance premiums and due to insurers | 14.175 |
| Losses payable and provision for unpaid losses and loss adjustment expenses | -3.033 |
| Increase (decrease) in liability for claims and claims adjustment expense reserve | 0.359 |
| Unearned premiums | 54.519 |
| Ceding commissions payable | 8.776 |
| Other assets and liabilities, net | -28.042 |
| Net cash provided by operating activities | 218.986 |
| Capital expenditures | 24.535 |
| Acquisitions, net of cash acquired, and other investments | 1.619 |
| Issuance of notes receivable | 74.714 |
| Collection of notes receivable | 37.733 |
| Purchases of fixed maturity securities | 333.05 |
| Purchases of equity securities | 21.89 |
| Proceeds from maturities of fixed maturity securities | 229.899 |
| Other investing activities | -2.979 |
| Net cash used in investing activities | -185.197 |
| Payments on long-term debt | 187.881 |
| Proceeds from long-term debt, net of issuance costs | 257.191 |
| Proceeds from issuance of preferred stock and preference stock | 0 |
| Distributions paid to non-controlling interest unit holders | 30.257 |
| Payment of series a convertible preferred stock dividends | 5.6 |
| Funding of tra liability payments | -0.223 |
| Funding of employee tax obligations upon vesting of share-based payments | 3.854 |
| Other financing activities | 0.552 |
| Net cash provided by (used in) financing activities | 29.928 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents | 2.438 |
| Change in cash and cash equivalents and restricted cash and cash equivalents | 66.155 |
| Beginning cash and cash equivalents and restricted cash and cash equivalents | 232.845 |
| Ending cash and cash equivalents and restricted cash and cash equivalents | 299 |
Hagerty, Inc. (HGTY)
Hagerty, Inc. (HGTY)