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Hagerty HGTY Insurance — Operating Expenses
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept us-gaap:OperatingExpenses.
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
| REVENUES: | Insurance / (in thousands) | Marketplace / (in thousands) | Total / (in thousands) |
|---|---|---|---|
| Underwriting and other insurance expenses | 62,947 | — | 62,947 |
| Selling, general, and administrative expenses | 55,931 | 38,984 | 94,915 |
| Interest expense and other, net | (1,103) | (106) | (1,209) |
| Total segment expenses | 312,125 | 38,878 | 351,003 |
| Segment income before taxes | 2,767 | 1,052 | 3,819 |
| Corporate expenses | (350) | ||
| Interest expense | (1,237) | ||
| Income before taxes | $2,232 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's insurance — operating expenses?
- Hagerty (HGTY) reported insurance — operating expenses of $312.13M in Q2 2026.
- How has Hagerty's insurance — operating expenses changed year-over-year?
- Hagerty's insurance — operating expenses increased by 7.1% year-over-year, from $291.54M to $312.13M.
- What does insurance — operating expenses mean?
- This metric represents the total costs incurred by the insurance segment to conduct daily business operations, excluding losses and loss adjustment expenses. It encompasses administrative costs, personnel expenses, and general overhead required to maintain insurance underwriting and service capabilities. Monitoring this figure helps investors assess the operational efficiency and cost-management discipline of the insurance division.
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