For the quarter ending 2026-03-31, HGTY made $311,830K in revenue. -$6,521K in net income. Net profit margin of -2.09%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 311,830 | 417,428* | 379,994 | - |
| Sales expense | - | 59,755* | 77,672 | - |
| Salaries and benefits | - | 72,768* | 68,110 | - |
| General and administrative expenses | - | 24,572* | 24,445 | - |
| Ceding commissions, net | - | 110,860* | 87,411 | - |
| Depreciation and amortization | - | 9,173* | 9,413 | - |
| Losses and loss adjustment expenses, net | 97,919 | 60,760* | 78,626 | - |
| Restructuring, impairment and related charges, net | - | 0* | - | - |
| Policy acquisition costs, net | 101,922 | - | - | - |
| Operating income | - | - | 34,317 | - |
| Gains, losses, and impairments related to divestitures | - | 0* | 0 | - |
| Underwriting and other insurance expenses | 59,588 | - | - | - |
| Loss (gain) related to warrant liabilities, net | - | 0* | 0 | - |
| Selling, general, and administrative expenses | 72,416 | - | - | - |
| Interest expense and other, net | -922 | -20,007* | -20,980 | - |
| Total expenses | 332,767 | 357,894* | 345,677 | - |
| Income (loss) before taxes | -20,937 | 59,534* | 13,337 | - |
| Change in net unrealized gain on available-for-sale investments | - | - | - | 1,048 |
| Foreign currency translation adjustments | - | - | - | 1,683 |
| Change in unrealized loss on interest rate swap | - | - | - | 0 |
| Other comprehensive income (loss) | - | - | - | 2,731 |
| Income tax (expense) benefit | -8,192 | 30,975* | -32,834 | - |
| Net income (loss) | -12,745 | 28,559 | 46,171 | 47,202 |
| Comprehensive income | - | - | - | 49,933 |
| Comprehensive income attributable to non-controlling interest | - | - | - | 38,243 |
| Net (income) loss attributable to non-controlling interest | -8,254 | 20,450 | 25,323 | - |
| Accretion of series a convertible preferred stock | 2,030 | 1,902 | 1,903 | 1,875 |
| Comprehensive income attributable to class a common stockholders | - | - | - | 9,815 |
| Net income (loss) attributable to class a common stockholders | -6,521 | 6,207 | 18,945 | - |
| Basic EPS | -0.06 | 0.064 | 0.18 | - |
| Diluted EPS | -0.06 | 0.018 | 0.11 | - |
| Basic Average Shares | 101,034,000 | 96,998,000 | 96,167,000 | - |
| Diluted Average Shares | 101,034,000 | 347,368,000 | 347,240,000 | - |
Hagerty, Inc. (HGTY)
Hagerty, Inc. (HGTY)