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Hagerty HGTY Marketplace — Selling, general, and administrative expenses

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Other financials

Income statement

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Revenue$311.8M-5.0%
Operating income$34.3M+240%
Net income-$12.7M-147%
EPS (diluted)-$0.06-186%

Balance sheet

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Cash & equivalents$366.7M+28.1%
Total debt$272.5M+50.3%
Total equity$218.7M+34.2%
Total assets$2.0B+11.5%

Cash flow

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Operating cash flow$16.3M-62.9%
CapEx$7.7M+43.1%
Free cash flow$8.5M-77.8%

Valuation

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Market cap$1.17B+26.6%
Enterprise value$1.07B+31.5%
P/E10.7×+1.2×
P/S0.8×+0.1×

Profitability

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Operating margin8.1%
Net margin7.5%0.0pp
FCF margin11.4%

Returns & leverage

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Return on equity57.2%-18.7pp
Debt / equity1.2×+0.1×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept hgty:SellingGeneralAndAdministrativeExpenseAdjusted.

The official record: Hagerty’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hagerty's marketplace — selling, general, and administrative expenses?
Hagerty (HGTY) reported marketplace — selling, general, and administrative expenses of $25.27M in Q1 2026.
What does marketplace — selling, general, and administrative expenses mean?
Encompasses all indirect operating expenses, including corporate overhead, marketing, and administrative support costs allocated to the marketplace segment. This metric measures the segment's ability to manage its fixed and variable operating costs relative to its revenue. It is a vital indicator of the segment's operational leverage and cost control effectiveness.