HIPO Q1 2024 Earnings — Hippo Holdings Inc. Revenue & Financial Results | Market Cap Arena

HIPOHippo Holdings Inc.

$684M

Q1 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$85M+113.8% YoY

Gross Profit

$200,0000.2% margin

Operating Income

-$33M-38.7% margin

Net Income

-$36M-42.0% margin

EPS (Diluted)

$-1.47

QoQ Revenue Growth

+31.9%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$14M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.1B

Stockholders' Equity

$351M

Cash & Equivalents

$223M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$40M	+113.8%
Gross Profit	$200,000	-$6M	+103.3%
Operating Income	-$33M	-$68M	+51.5%
Net Income	-$36M	-$70M	+48.9%

Revenue Segments

Services Segment

$11M100%

Geographic Segments

Services Segment

$11M100%