| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Fixed maturities, available-for-sale, at fair value (amortized cost of 769,426 and 726,774) | 751,384 | 713,237 | 700,829 | 665,401 |
| Equity securities, at fair value, (cost 1,072 and 1,064) | 1,072 | 1,064 | 1,064 | 1,064 |
| Other investments, net | 1,259 | 1,285 | 1,285 | 4,864 |
| Total investments | 753,715 | 715,586 | 703,178 | 671,329 |
| Cash and cash equivalents | 517,070 | 559,274 | 560,435 | 473,465 |
| Restricted cash | 16,221 | 13,307 | 13,290 | 13,467 |
| Accrued investment income | 6,272 | 6,556 | 5,466 | 5,549 |
| Premiums receivable, net | 93,989 | 95,331 | 87,536 | 99,724 |
| Reinsurance recoverable on paid and unpaid claims, net of allowance for credit losses of 175 | 261,179 | 318,588 | 379,477 | 524,045 |
| Prepaid reinsurance premiums | 194,607 | 307,039 | 426,120 | 530,285 |
| Income taxes receivable | NaN | NaN | 6,405 | 19,118 |
| Deferred income tax asset, net | 5,589 | 5,855 | 7,565 | 11,356 |
| Deferred policy acquisition costs, net | 64,367 | 64,544 | 66,792 | 70,940 |
| Total, at cost | 46,413 | 48,229 | NaN | NaN |
| Less accumulated depreciation and amortization | 17,966 | 19,975 | NaN | NaN |
| Property and equipment, net | 28,447 | 28,254 | 27,605 | 38,935 |
| Right-of-use lease asset, finance | 11,978 | 12,598 | 13,213 | 13,837 |
| Right-of-use lease asset, operating | 6,328 | 4,878 | 5,190 | 5,246 |
| Finite-lived intangible assets, gross | NaN | 86,490 | NaN | NaN |
| Accumulated amortization | NaN | 57,616 | NaN | NaN |
| Total infinite-lived intangible assets, net | NaN | 28,874 | NaN | NaN |
| License acquired | NaN | 1,315 | NaN | NaN |
| Intangibles, net | 28,643 | 30,189 | 31,734 | 33,280 |
| Other assets | 32,579 | 33,823 | 33,418 | 26,179 |
| Total assets | 2,020,984 | 2,195,822 | 2,367,424 | 2,536,755 |
| Unpaid losses and loss adjustment expenses | 544,043 | 579,477 | 649,584 | 713,183 |
| Unearned premiums | 701,090 | 707,923 | 733,434 | 762,235 |
| Reinsurance payable | 73,498 | 232,801 | 378,937 | 502,280 |
| Total principal amount | 79,510 | 80,448 | 81,385 | NaN |
| Deferred finance costs | 1,897 | 2,020 | 2,132 | NaN |
| Long-term debt, net | 77,613 | 78,428 | 79,253 | 92,361 |
| Advance premiums | 30,797 | 19,164 | 26,294 | 18,606 |
| Income taxes payable | 15,499 | 4,282 | 0 | 0 |
| Accrued compensation | 4,896 | 8,844 | 7,730 | 6,383 |
| Lease liability, finance | 14,914 | 15,587 | 16,251 | 16,868 |
| Lease liability, operating | 6,521 | 5,800 | 6,158 | 6,257 |
| Accounts payable and other liabilities | 31,741 | 38,265 | 32,530 | 35,280 |
| Total liabilities | 1,500,612 | 1,690,571 | 1,930,171 | 2,153,453 |
| Common stock, 0.0001 par value, 50,000,000 shares authorized, 43,043,218 shares issued and 30,334,925 outstanding at march 31, 2026 and 43,171,585 shares issued and 30,833,776 outstanding at december 31, 2025 | 3 | 3 | 3 | 3 |
| Additional paid-in capital | 357,813 | 365,736 | 366,796 | 365,559 |
| Accumulated other comprehensive loss, net of taxes | -13,988 | -10,555 | -12,938 | -17,514 |
| Treasury stock, at cost, 12,708,293 and 12,337,809 shares at march 31, 2026 and december 31, 2025, respectively | 143,189 | 133,183 | 133,183 | 130,900 |
| Retained earnings | 319,733 | 283,250 | 216,575 | 166,154 |
| Total stockholders' equity | 520,372 | 505,251 | 437,253 | 383,302 |
| Total liabilities and stockholders' equity | 2,020,984 | 2,195,822 | 2,367,424 | 2,536,755 |
Heritage Insurance Holdings, Inc. (HRTG)
Heritage Insurance Holdings, Inc. (HRTG)