HIPO

MKT CAP:$750M

Hippo Holdings Inc.

Market Cap

$750M

Financial Services·Insurance - Specialty·🇺🇸 United States·NYSE

Financials·Insurance·🇺🇸·NYSE

Stock Price

$28.48-$1.50 (-5.00%)

Apr 23, 2026

Company Details

Hippo Holdings Inc. provides home protection insurance in the United States and the District of Columbia. Its insurance products include homeowners' insurance against risks of fire, wind, and theft; and commercial and personal lines of prod...

CEO

Richard Lyn McCathron

IPO Date

Jan 11, 2021

Website

www.hippo.com

Key Metrics TTM

Revenue

$268M

— YoY

Net Income

-$227M

EPS (Diluted)

-$22.15

Free Cash Flow

-$7M

Revenue / Share

$10.20

Gross Margin

41.1%

Operating Margin

-83.9%

Net Margin

-84.6%

FCF Margin

-2.7%

P/S

2.8x

P/E

—

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Mar 4, 2026

$469MEPS $2.22

Q4 2025

Mar 4, 2026

$120MEPS $0.23

Q2 2025

Aug 5, 2025

$117MEPS $0.05

FY 2023

Mar 5, 2024

$210MEPS -$11.58

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 20	$10M	$10M	-$18M
Q2 20	$12M	$12M	-$14M
Q3 20	$13M	-$900.0K	-$41M
Q1 21	$17M	-$4M	-$195M
Q2 25	$117M	$40M	$4M
Q4 25	$120M	$75M	$7M

Valuation

Quarter	P/S	P/E
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q1 21	75.8x	—
Q2 25	4.4x	—
Q4 25	2.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	-$15M	-$15M
Q2 20	-$8M	-$8M
Q3 20	-$13M	-$14M
Q1 21	-$16M	-$22M
Q2 25	$25M	$25M
Q4 25	$3M	$3M

Capital Expenditures

Quarter	CapEx
Q1 20	$200.0K
Q2 20	$0
Q3 20	$200.0K
Q1 21	$6M
Q2 25	$100.0K
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 25	+1050.0%	+306.1%
Q4 25	+911.8%	+340.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$900.0K	8.8%
Q2 20	$900.0K	7.6%
Q3 20	$13M	101.5%
Q1 21	$3M	14.7%
Q2 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 20	$9M	$19M
Q2 20	$9M	$17M
Q3 20	$16M	$18M
Q1 21	$10M	$25M
Q2 25	$17M	$9M
Q4 25	$17M	$7M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$337M	$349M	$686M
Q2 22	$278M	$352M	$629M
Q3 22	$347M	$222M	$568M
Q4 22	$195M	$446M	$640M
Q1 23	$189M	$308M	$497M
Q2 23	$200M	$289M	$489M
Q3 23	$228M	$253M	$481M
Q4 23	$142M	$349M	$491M
Q1 24	$223M	$186M	$409M
Q2 24	$176M	$220M	$396M
Q3 24	$191M	$153M	$344M
Q4 24	$198M	$0	$198M
Q1 25	$141M	$252M	$393M
Q2 25	$199M	$255M	$454M
Q3 25	$248M	$0	$248M
Q4 25	$250M	$0	$250M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 20	484K	—	—
Q2 20	494K	+2.1%	—
Q3 20	4M	+695.2%	—
Q1 21	15M	+293.6%	—
Q2 25	26M	+68.2%	+5271.4%
Q4 25	26M	+0.9%	+5208.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q1 21	$9M	2
Q2 25	$245.4K	478
Q4 25	$251.9K	478

Revenue / Employee