Hagerty HGTY Marketplace — Operating Expenses

Other segment segments

Similar metrics at other companies

ACVAMarketplace and service — Cost of revenue (excluding depreciation & amortization)

$79.82M+15.0%

VIRTMarket Making — Operating Expenses

$539.25M+7.4%

REALOperations and technology

$72.72M+8.6%

WDCapital Markets — Operating Expenses

$120.45M+22.9%

CRBGInstitutional Markets — Other Operating Expenses

$31.25M+22.5%

TDUPOperations, product, and technology

$41.08M+16.9%

Questions, answered.

What is Hagerty's marketplace — operating expenses?

Hagerty (HGTY) reported marketplace — operating expenses of $25.12M in Q1 2026.

How has Hagerty's marketplace — operating expenses changed year-over-year?

Hagerty's marketplace — operating expenses decreased by 9.4% year-over-year, from $27.72M to $25.12M.

What does marketplace — operating expenses mean?

This metric represents the total costs incurred to operate the marketplace business segment, including sales, marketing, and administrative overhead. It reflects the operational efficiency and cost structure required to support the company's enthusiast vehicle marketplace platform. Monitoring this helps investors assess the scalability of the segment's business model relative to its revenue growth.