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Hagerty HGTY Tax receivable agreement liability

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Other financials

Income statement

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Revenue$354.8M-6.5%
Operating income$34.3M+240%
Net income$8.0M-83.0%
EPS (diluted)-$0.02-122%

Balance sheet

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Cash & equivalents$467.6M+41.5%
Total debt$258.3M+28.5%
Total equity$215.5M+25.1%
Total assets$2.1B+5.3%

Cash flow

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Operating cash flow$169.9M+215%
CapEx$8.2M+33.8%
Free cash flow$161.7M+239%

Valuation

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Market cap$1.38B+38.7%
Enterprise value$1.17B+35.2%
P/E19.7×+9.9×
P/S+0.2×

Profitability

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Operating margin8%
Net margin4.9%-2.6pp
FCF margin19.4%

Returns & leverage

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Return on equity36.1%-40.3pp
Debt / equity1.2×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept hgty:TaxReceivableAgreementLiability.

The source filing: Hagerty’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:40 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001840776-26-000031
ASSETSDecember 31, 2025 / in thousands (except share amounts)
Debt, net177,907
Contract liabilities46,450
Deferred tax liability23,489
Tax receivable agreement liability39,829
Other liabilities61,684
TOTAL LIABILITIES1,346,950
Commitments and Contingencies (Note 21)
TEMPORARY EQUITY

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's tax receivable agreement liability?
Hagerty (HGTY) reported tax receivable agreement liability of $38.28M in Q2 2026.
What does tax receivable agreement liability mean?
Tax receivable agreement liability as reported by Hagerty, Inc..

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