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Hagerty HGTY Contingent commission — Revenue

Other product segments

Commission and fee revenue
$23.53M-81.7%

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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 contingent commission — revenue?
Hagerty (HGTY) reported contingent commission — revenue of $455K in Q2 2026.
How has Hagerty's contingent commission — revenue changed year-over-year?
Hagerty's contingent commission — revenue decreased by 96.9% year-over-year, from $14.85M to $455K.
What is the long-term trend for Hagerty's contingent commission — revenue?
Over 4 years (2021 to 2025), Hagerty's contingent commission — revenue has grown at a -2.1% compound annual growth rate (CAGR), from $57.34M to $52.69M.
What does contingent commission — revenue mean?
This metric represents performance-based incentive payments earned by the company from insurance carriers based on the profitability or loss experience of the insurance policies placed. It reflects the company's ability to maintain high-quality underwriting standards and favorable claims outcomes within its specialty automotive insurance portfolio. As a variable revenue stream, it serves as an indicator of the company's operational effectiveness and its strategic alignment with insurance partners.

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