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Hagerty HGTY Commission and fee revenue — Revenue

Other product segments

Contingent commission
$455K-96.9%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemAgentDirectTotal
in thousands
Commission and fee revenue$14,534$9,000$23,534
Contingent commission(324)455131
Total commission and fee revenue$14,210$9,455$23,665

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's commission and fee revenue — revenue?
Hagerty (HGTY) reported commission and fee revenue — revenue of $23.53M in Q2 2026.
How has Hagerty's commission and fee revenue — revenue changed year-over-year?
Hagerty's commission and fee revenue — revenue decreased by 81.7% year-over-year, from $128.43M to $23.53M.
What is the long-term trend for Hagerty's commission and fee revenue — revenue?
Over 4 years (2021 to 2025), Hagerty's commission and fee revenue — revenue has grown at a 17.6% compound annual growth rate (CAGR), from $226.81M to $433.69M.
What does commission and fee revenue — revenue mean?
This metric represents the total revenue generated from commissions and service fees earned through the distribution and management of specialty automotive insurance policies. It reflects the company's ability to monetize its role as an intermediary and service provider within the enthusiast vehicle market. Growth in this segment indicates successful customer acquisition and retention within the specialty insurance ecosystem.

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