HGTY Q2 2022 Earnings — Hagerty, Inc. Revenue & Financial Results | Market Cap Arena

HGTYHagerty, Inc.

$3B

Q2 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$184M+19.7% YoY

Gross Profit

$00.0% margin

Operating Income

-$3M-1.8% margin

Net Income

-$6M-3.0% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+0.5%

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$845M

Stockholders' Equity

$72M

Cash & Equivalents

$561M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$154M	+19.7%
Gross Profit	$0	$125M	-100.0%
Operating Income	-$3M	$14M	-124.2%
Net Income	-$6M	$13M	-144.0%

Revenue Segments

Commission Revenue And Fee Revenue

$96M85%

Membership And Other Revenue

$16M15%

Geographic Segments

UNITED STATES

$5M90%

Europe

$374,0007%

CANADA

$152,0003%