HCI Q2 2023 Earnings — HCI Group, Inc. Revenue & Financial Results | Market Cap Arena

HCIHCI Group, Inc.

$2B

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$127M+1.5% YoY

Gross Profit

$43M33.6% margin

Operating Income

$20M15.9% margin

Net Income

$12M9.8% margin

EPS (Diluted)

$1.28

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

-$93M

Free Cash Flow

-$94M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.4B

Stockholders' Equity

$188M

Cash & Equivalents

$294M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$127M	$125M	+1.5%
Gross Profit	$43M	$12M	+265.9%
Operating Income	$20M	-$12M	+275.3%
Net Income	$12M	-$10M	+224.7%

Revenue Segments

H C P C I Insurance Operations

$70M94%

Corporate and Other

$2M3%

Real Estate Operations

$2M3%