HIPO Q2 2023 Earnings — Hippo Holdings Inc. Revenue & Financial Results | Market Cap Arena

HIPOHippo Holdings Inc.

$684M

Q2 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$48M+66.2% YoY

Gross Profit

-$39M-82.0% margin

Operating Income

-$105M-220.1% margin

Net Income

-$108M-226.0% margin

EPS (Diluted)

$-4.61

QoQ Revenue Growth

+19.8%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$43M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$446M

Cash & Equivalents

$200M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48M	$29M	+66.2%
Gross Profit	-$39M	-$11M	-268.9%
Operating Income	-$105M	-$72M	-46.4%
Net Income	-$108M	-$74M	-46.7%

Revenue Segments

Services Segment

$12M100%

Geographic Segments

Services Segment

$12M100%