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Hagerty HGTY Insurance — Segment income (loss) before taxes
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept hgty:SegmentIncomeLossBeforeIncomeTaxes.
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 — segment income (loss) before taxes?
- Hagerty (HGTY) reported insurance — segment income (loss) before taxes of $2.77M in Q2 2026.
- How has Hagerty's insurance — segment income (loss) before taxes changed year-over-year?
- Hagerty's insurance — segment income (loss) before taxes decreased by 95.4% year-over-year, from $60.76M to $2.77M.
- What does insurance — segment income (loss) before taxes mean?
- This metric measures the profitability of the insurance segment by subtracting all segment-related operating expenses and losses from the total segment revenue. It serves as a primary indicator of the segment's ability to generate value from its core underwriting and insurance service activities before accounting for tax obligations. A positive trend indicates strong underwriting performance and effective cost control within the insurance business unit.
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