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Side-by-side financial comparison of AMERISAFE INC (AMSF) and Hippo Holdings Inc. (HIPO). Click either name above to swap in a different company.
Hippo Holdings Inc. is the larger business by last-quarter revenue ($120.4M vs $80.1M, roughly 1.5× AMERISAFE INC). AMERISAFE INC runs the higher net margin — 10.2% vs 5.0%, a 5.2% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 10.3%). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% CAGR vs 2.8%).
AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.
Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.
AMSF vs HIPO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $80.1M | $120.4M |
| Net Profit | $8.1M | $6.0M |
| Gross Margin | — | — |
| Operating Margin | — | 5.6% |
| Net Margin | 10.2% | 5.0% |
| Revenue YoY | 10.3% | 18.2% |
| Net Profit YoY | -9.0% | -86.4% |
| EPS (diluted) | $0.43 | $0.31 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $80.1M | — | ||
| Q4 25 | $81.6M | $120.4M | ||
| Q3 25 | $82.0M | $120.6M | ||
| Q2 25 | $81.1M | $117.3M | ||
| Q1 25 | $72.6M | $110.3M | ||
| Q4 24 | $74.0M | $101.9M | ||
| Q3 24 | $78.7M | $95.5M | ||
| Q2 24 | $75.8M | $89.6M |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $10.4M | $6.0M | ||
| Q3 25 | $13.8M | $98.1M | ||
| Q2 25 | $14.0M | $1.3M | ||
| Q1 25 | $8.9M | $-47.7M | ||
| Q4 24 | $13.2M | $44.2M | ||
| Q3 24 | $14.3M | $-8.5M | ||
| Q2 24 | $11.0M | $-40.5M |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 5.6% | ||
| Q3 25 | 21.3% | 81.3% | ||
| Q2 25 | 21.5% | 3.4% | ||
| Q1 25 | 15.5% | -41.3% | ||
| Q4 24 | 22.7% | 46.3% | ||
| Q3 24 | 22.6% | -5.4% | ||
| Q2 24 | 18.1% | -40.7% |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 12.8% | 5.0% | ||
| Q3 25 | 16.9% | 81.3% | ||
| Q2 25 | 17.2% | 1.1% | ||
| Q1 25 | 12.3% | -43.2% | ||
| Q4 24 | 17.8% | 43.4% | ||
| Q3 24 | 18.2% | -8.9% | ||
| Q2 24 | 14.5% | -45.2% |
| Q1 26 | $0.43 | — | ||
| Q4 25 | $0.55 | $0.31 | ||
| Q3 25 | $0.72 | $3.77 | ||
| Q2 25 | $0.73 | $0.05 | ||
| Q1 25 | $0.47 | $-1.91 | ||
| Q4 24 | $0.69 | $1.81 | ||
| Q3 24 | $0.75 | $-0.34 | ||
| Q2 24 | $0.57 | $-1.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.2M | $218.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $246.6M | $436.1M |
| Total Assets | — | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.2M | — | ||
| Q4 25 | $61.9M | $218.3M | ||
| Q3 25 | $54.7M | $247.7M | ||
| Q2 25 | $48.5M | $198.9M | ||
| Q1 25 | $44.8M | $140.9M | ||
| Q4 24 | $44.1M | $197.6M | ||
| Q3 24 | $63.7M | $191.2M | ||
| Q2 24 | $30.6M | $175.9M |
| Q1 26 | $246.6M | — | ||
| Q4 25 | $251.6M | $436.1M | ||
| Q3 25 | $274.8M | $421.5M | ||
| Q2 25 | $265.6M | $332.5M | ||
| Q1 25 | $260.8M | $322.8M | ||
| Q4 24 | $257.3M | $362.1M | ||
| Q3 24 | $314.4M | $326.4M | ||
| Q2 24 | $301.0M | $322.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.9B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.2B | $1.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $9.2M |
| Free Cash FlowOCF − Capex | — | $9.1M |
| FCF MarginFCF / Revenue | — | 7.6% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.53× |
| TTM Free Cash FlowTrailing 4 quarters | — | $14.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $11.1M | $9.2M | ||
| Q3 25 | $10.7M | $16.9M | ||
| Q2 25 | $-8.4M | $24.7M | ||
| Q1 25 | $-1.8M | $-35.6M | ||
| Q4 24 | $24.2M | $47.5M | ||
| Q3 24 | $8.4M | $46.8M | ||
| Q2 24 | $-2.6M | $-10.6M |
| Q1 26 | — | — | ||
| Q4 25 | $8.9M | $9.1M | ||
| Q3 25 | $9.8M | $16.8M | ||
| Q2 25 | $-9.5M | $24.6M | ||
| Q1 25 | $-1.8M | $-35.7M | ||
| Q4 24 | $23.4M | $47.2M | ||
| Q3 24 | $8.4M | — | ||
| Q2 24 | $-2.6M | $-10.7M |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 7.6% | ||
| Q3 25 | 11.9% | 13.9% | ||
| Q2 25 | -11.7% | 21.0% | ||
| Q1 25 | -2.5% | -32.4% | ||
| Q4 24 | 31.5% | 46.3% | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | -3.5% | -11.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 0.1% | ||
| Q3 25 | 1.1% | 0.1% | ||
| Q2 25 | 1.3% | 0.1% | ||
| Q1 25 | 0.0% | 0.1% | ||
| Q4 24 | 1.1% | 0.3% | ||
| Q3 24 | 0.0% | 0.0% | ||
| Q2 24 | 0.1% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | 1.53× | ||
| Q3 25 | 0.77× | 0.17× | ||
| Q2 25 | -0.61× | 19.00× | ||
| Q1 25 | -0.20× | — | ||
| Q4 24 | 1.83× | 1.07× | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | -0.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.