HIPO Q1 2023 Earnings — Hippo Holdings Inc. Revenue & Financial Results | Market Cap Arena

HIPOHippo Holdings Inc.

$684M

Q1 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$40M+62.4% YoY

Gross Profit

-$6M-15.1% margin

Operating Income

-$68M-170.4% margin

Net Income

-$70M-175.4% margin

EPS (Diluted)

$-2.94

QoQ Revenue Growth

+11.2%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$40M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.1B

Stockholders' Equity

$538M

Cash & Equivalents

$189M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$25M	+62.4%
Gross Profit	-$6M	-$5M	-30.4%
Operating Income	-$68M	-$66M	-2.3%
Net Income	-$70M	-$68M	-3.3%

Revenue Segments

Services Segment

$10M100%

Geographic Segments

Services Segment

$10M100%