HGTY Q3 2025 Earnings — Hagerty, Inc. Revenue & Financial Results | Market Cap Arena

HGTYHagerty, Inc.

$3B

Q3 2025 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$380M+17.7% YoY

Gross Profit

$301M79.3% margin

Operating Income

$13M3.5% margin

Net Income

$21M5.5% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$85M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.5B

Stockholders' Equity

$212M

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$380M	$323M	+17.7%
Gross Profit	$301M	$223M	+34.9%
Operating Income	$13M	$18M	-25.8%
Net Income	$21M	$5M	+326.8%

Revenue Segments

Commission Revenue And Fee Revenue

$137M56%

Membership And Other Revenue

$56M23%

Marketplace Revenue

$31M13%

Membership

$16M6%

Product and Service, Other

$6M2%

Geographic Segments

UNITED STATES

$172M91%

CANADA

$12M7%

Europe

$5M3%