What is Hagerty's net income?

Hagerty (HGTY) reported net income of -$12.75M in Q1 2026.

How has Hagerty's net income changed year-over-year?

Hagerty's net income decreased by 146.7% year-over-year, from $27.29M to -$12.75M.

What is the long-term trend for Hagerty's net income?

Over 3 years (2021 to 2025), Hagerty's net income has grown at a 34.6% compound annual growth rate (CAGR), from -$61.15M to $149.23M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Hagerty HGTY Net Income

Net Income at other companies

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$2.82B+9.8%

Universal Insurance HoldingsUVE

$54.29M+31.0%

SiriusPointSPNT

$102.2M+65.9%

Mercury GeneralMCY

$190.42M+276%

The Hanover Insurance GroupTHG

$186.8M+45.7%

Ally FinancialALLY

$319M+242%

Other financials

Income statement

See full

Revenue$311.8M-5.0%

Operating income$34.3M+240%

EPS (diluted)-$0.06-186%

Balance sheet

See full

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

See full

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+30.7%

Enterprise value$1.07B+36.8%

P/E10.7×+1.5×

P/S0.8×+0.1×

Profitability

See full

Operating margin8.1%—

Net margin7.5%0.0pp

FCF margin11.4%—

Returns & leverage

See full

Return on equity57.2%-18.7pp

Debt / equity1.2×+0.1×

Current ratio1×0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

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 net income?: Hagerty (HGTY) reported net income of -$12.75M in Q1 2026.
How has Hagerty's net income changed year-over-year?: Hagerty's net income decreased by 146.7% year-over-year, from $27.29M to -$12.75M.
What is the long-term trend for Hagerty's net income?: Over 3 years (2021 to 2025), Hagerty's net income has grown at a 34.6% compound annual growth rate (CAGR), from -$61.15M to $149.23M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.