HCI Q3 2023 Earnings — HCI Group, Inc. Revenue & Financial Results | Market Cap Arena

HCIHCI Group, Inc.

$2B

Q3 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$132M+4.9% YoY

Gross Profit

$42M32.0% margin

Operating Income

$20M15.3% margin

Net Income

$13M10.0% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$71M

Free Cash Flow

$67M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.4B

Stockholders' Equity

$200M

Cash & Equivalents

$324M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$125M	+4.9%
Gross Profit	$42M	-$39M	+207.6%
Operating Income	$20M	-$64M	+131.6%
Net Income	$13M	-$51M	+125.8%

Revenue Segments

H C P C I Insurance Operations

$72M94%

Real Estate Operations

$2M3%

Corporate and Other

$2M3%