HGTY Q4 2024 Earnings — Hagerty, Inc. Revenue & Financial Results | Market Cap Arena

HGTYHagerty, Inc.

$3B

Q4 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$292M+13.1% YoY

Gross Profit

$220M75.3% margin

Operating Income

$14M4.8% margin

Net Income

$3M1.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-9.7%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$17M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$150M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$292M	$258M	+13.1%
Gross Profit	$220M	$197M	+11.6%
Operating Income	$14M	$14M	+2.0%
Net Income	$3M	$15M	-78.7%

Revenue Segments

Commission Revenue And Fee Revenue

$218M71%

Membership And Other Revenue

$61M20%

Membership

$29M10%

Geographic Segments

UNITED STATES

$252M93%

CANADA

$15M6%

Europe

$4M2%