HGTY Q2 2025 Earnings — Hagerty, Inc. Revenue & Financial Results | Market Cap Arena

HGTYHagerty, Inc.

$3B

Q2 2025 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$369M+18.4% YoY

Gross Profit

$293M79.6% margin

Operating Income

$53M14.5% margin

Net Income

$11M3.0% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+15.4%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$48M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.5B

Stockholders' Equity

$172M

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$369M	$311M	+18.4%
Gross Profit	$293M	$247M	+19.0%
Operating Income	$53M	$48M	+10.1%
Net Income	$11M	$10M	+5.7%

Revenue Segments

Commission Revenue And Fee Revenue

$143M61%

Membership And Other Revenue

$48M20%

Marketplace Revenue

$24M10%

Membership

$16M7%

Product and Service, Other

$5M2%

Geographic Segments

UNITED STATES

$163M86%

CANADA

$15M8%

Europe

$10M5%