HGTY FY 2023 Earnings — Hagerty, Inc. Revenue & Financial Results | Market Cap Arena

HGTYHagerty, Inc.

$3B

FY 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$1.0B+22.0% YoY

Gross Profit

$791M78.2% margin

Operating Income

$45M4.4% margin

Net Income

$20M2.0% margin

EPS (Diluted)

$0.09

Cash Flow

Operating Cash Flow

$145M

Free Cash Flow

$119M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.1B

Stockholders' Equity

$176M

Cash & Equivalents

$724M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$829M	+22.0%
Gross Profit	$791M	$456M	+73.5%
Operating Income	$45M	$11M	+303.5%
Net Income	$20M	$32M	-36.9%