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Discontinued — last reported Q2 '26

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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

Calculated from Hagerty’s reported figures.

$2.2Mebit+
$9.7MDepreciation Depletion & Amortization
=$11.95M

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

Filed
Aug 5, 2026, 1:40 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001840776-26-000031

FAQ

What is Hagerty's EBITDA?
Hagerty (HGTY) reported EBITDA of $11.95M in Q2 2026.
How has Hagerty's EBITDA changed year-over-year?
Hagerty's EBITDA decreased by 78.9% year-over-year, from $56.53M to $11.95M.
What is the long-term trend for Hagerty's EBITDA?
Over 4 years (2021 to 2025), Hagerty's EBITDA has grown at a 97.8% compound annual growth rate (CAGR), from $12.07M to $184.97M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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