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Goosehead Insurance, Inc. GSHD Royalty fees — Allowance for doubtful accounts

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Other financials

Income statement

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Revenue$113.4M+20.6%
Operating income$26.6M+69.8%
Net income$10.1M+95.4%
EPS (diluted)$0.41+128%

Balance sheet

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Cash & equivalents$27.5M-71.3%
Total debt$372.8M+6.2%
Total equity-$112.4M-43.0%
Total assets$406.8M-6.8%

Cash flow

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Operating cash flow$15.9M-44.9%
CapEx$1.5M-14.3%
Free cash flow$14.4M-46.9%

Valuation

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Market cap$2.32B+5.5%
Enterprise value$2.66B+8.6%
P/E65.6×-7.8×
P/S5.8×-0.7×

Profitability

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Operating margin23.3%+3.8pp
Net margin8.8%0.0pp
FCF margin19.8%-4.2pp

Returns & leverage

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Return on equity84.7%+11.5pp
Debt / equity3.5×-1.6×
Current ratio1.5×-1.4×

Where this comes from

Reported directly by Goosehead Insurance, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.

The source filing: Goosehead Insurance, Inc.’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 9:26 AM EST
Fiscal year
FY2025
Accession
0001726978-26-000010

Royalty fees are recorded at the point in time when the policy becomes effective with the insurance carrier. The royalty fees are secured by the commissions of the franchisee with no historical losses incurred for uncollectible royalty fees. As such, there is no allowance for doubtful accounts relating to royalty fees.

Item 8. Financial statements and supplementary data

FAQ

What is Goosehead Insurance, Inc.'s royalty fees — allowance for doubtful accounts?
Goosehead Insurance, Inc. (GSHD) reported royalty fees — allowance for doubtful accounts of $0 in Q4 2025.
What does royalty fees — allowance for doubtful accounts mean?
This metric represents the estimated portion of accounts receivable specifically associated with royalty fee revenue that the company expects will not be collectible. It serves as a valuation adjustment to the gross royalty fee receivables, reflecting the credit risk inherent in the company's franchise or partner fee structures. Monitoring this balance provides insight into the credit quality of the company's royalty-based revenue streams and the potential for future bad debt expenses.

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