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Hagerty HGTY Marketplace — Interest expense and other, net
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept us-gaap:OtherOperatingIncomeExpenseNet.
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) |
|---|---|---|---|
| Policy acquisition costs, net | 83,641 | — | 83,641 |
| 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) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's marketplace — interest expense and other, net?
- Hagerty (HGTY) reported marketplace — interest expense and other, net of -$106K in Q2 2026.
- How has Hagerty's marketplace — interest expense and other, net changed year-over-year?
- Hagerty's marketplace — interest expense and other, net increased by 26.4% year-over-year, from -$144K to -$106K.
- What does marketplace — interest expense and other, net mean?
- Reflects the net cost of debt financing and other non-operating financial charges attributed to the marketplace segment. This metric highlights the impact of the segment's capital structure and leverage on its financial performance. It is used to assess the segment's ability to service its debt obligations and manage financial risk.
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