Hagerty, Inc.

Hagerty, Inc.HGTYEarnings & Financial Report

NYSE · Financials · Insurance Agents, Brokers & Service

Hagerty, Inc. is an American automotive lifestyle and membership company, as well as the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.

HGTY Q4 FY2025 Key Financial Metrics

Revenue

$388.1M

Gross Profit

N/A

Operating Profit

$39.7M

Net Profit

$28.6M

Gross Margin

N/A

Operating Margin

10.2%

Net Margin

7.4%

YoY Growth

16.5%

Hagerty, Inc. Q4 FY2025 Financial Summary

Hagerty, Inc. reported revenue of $388.1M (up 16.5% YoY) for Q4 FY2025, with a net profit of $28.6M (up 238.4% YoY) (7.4% margin).

Key Financial Metrics

Total Revenue$388.1M
Net Profit$28.6M
Gross MarginN/A
Operating Margin10.2%
Report PeriodQ4 FY2025

Hagerty, Inc. Annual Revenue by Year

Hagerty, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).

YearAnnual Revenue
2025$1.5Bvs 2024
2024$1.2Bvs 2023
2023$464.3Mvs 2022
2022$383.7M

Hagerty, Inc. Quarterly Revenue & Net Profit History

Hagerty, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$388.1M+16.5%$28.6M7.4%
Q3 FY2025$380.0M+17.5%$46.2M12.2%
Q2 FY2025$368.7M+17.7%$47.2M12.8%
Q1 FY2025$319.6M+17.6%$27.3M8.5%
Q4 FY2024$333.2M+22.5%$8.4M2.5%
Q3 FY2024$323.4M+17.3%$19.0M5.9%
Q2 FY2024$313.2M+19.9%$42.7M13.6%
Q1 FY2024$271.7M+24.4%$8.2M3.0%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$271.7M$313.2M$323.4M$333.2M$319.6M$368.7M$380.0M$388.1M
YoY Growth24.4%19.9%17.3%22.5%17.6%17.7%17.5%16.5%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$1.57B$1.73B$1.82B$1.71B$1.82B$2.04B$2.15B$2.09B
Liabilities$1.06B$1.19B$1.21B$1.10B$1.20B$1.38B$1.44B$1.35B
Equity$93.5M$94.4M$148.3M$150.3M$162.9M$172.3M$211.7M$221.3M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$58.2M$64.0M$67.4M$177.0M$43.8M$53.9M$92.2M$219.0M