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Hagerty, Inc.

Hagerty, Inc.HGTYEarnings & Financial Report

NYSE · insurance

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.

NextMar 13, 2026

HGTY Q3 2025 Key Financial Metrics

Revenue

$190.0M

Gross Profit

N/A

Operating Profit

$34.3M

Net Profit

$46.2M

Gross Margin

N/A

Operating Margin

18.1%

Net Margin

24.3%

YoY Growth

20.5%

Financial Flow

Hagerty, Inc. Q3 2025 Financial Summary

Hagerty, Inc. reported revenue of $190.0M for Q3 2025, with a net profit of $46.2M (24.3% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$190.0M
Net Profit$46.2M
Gross MarginN/A
Operating Margin18.1%
Report PeriodQ3 2025

Hagerty, Inc. Annual Revenue by Year

Hagerty, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $548.8M).

YearAnnual Revenue
2024$548.8M
2023$468.3M
2022$384.5M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$97.7M$120.1M$155.6M$157.7M$115.4M$148.4M$188.5M$190.0M
YoY Growth15.4%18.8%16.3%16.1%18.1%23.6%21.1%20.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$1.59B$1.57B$1.73B$1.82B$1.71B$1.82B$2.04B$2.15B
Liabilities$1.09B$1.06B$1.19B$1.21B$1.10B$1.20B$1.38B$1.44B
Equity$92.7M$93.5M$94.4M$148.3M$150.3M$162.9M$172.3M$211.7M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$1.5M$58.2M$64.0M$67.4M$-12.6M$43.8M$53.9M$92.2M