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Hagerty HGTY Marketplace revenue

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Segments

By segment

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Marketplace$39.66M+47.5%
Insurance$0

Other financials

Income statement

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Revenue$354.8M-6.5%
Operating income$34.3M+240%
Net income$8.0M-83.0%
EPS (diluted)-$0.02-122%

Balance sheet

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Cash & equivalents$467.6M+41.5%
Total debt$258.3M+28.5%
Total equity$215.5M+25.1%
Total assets$2.1B+5.3%

Cash flow

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Operating cash flow$169.9M+215%
CapEx$8.2M+33.8%
Free cash flow$161.7M+239%

Valuation

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Market cap$1.39B+40.3%
Enterprise value$1.18B+37.1%
P/E19.8×+10.1×
P/S+0.2×

Profitability

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Operating margin8%
Net margin4.9%-2.6pp
FCF margin19.4%

Returns & leverage

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Return on equity36.1%-40.3pp
Debt / equity1.2×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept hgty:MarketplaceRevenue.

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:Three months ended June 30, 2026 / (in thousands, except per share amounts)Three months ended June 30, 2025 / (in thousands, except per share amounts)Six months ended June 30, 2026 / (in thousands, except per share amounts)Six months ended June 30, 2025
Earned premium, net$251,956$177,785$491,598$347,140
Commission and fee revenue23,665143,28740,100243,574
Marketplace revenue39,65826,88665,31055,972
Membership and other revenue21,36120,74143,48841,606
Net investment income11,0039,41621,26618,474
Net investment gains7,1791,1944,890879
Total revenue354,822379,309666,652707,645
EXPENSES:

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's marketplace revenue?
Hagerty (HGTY) reported marketplace revenue of $39.66M in Q2 2026.
How has Hagerty's marketplace revenue changed year-over-year?
Hagerty's marketplace revenue increased by 47.5% year-over-year, from $26.89M to $39.66M.
What does marketplace revenue mean?
This captures revenue generated from non-insurance services, such as automotive marketplaces, events, or membership platforms. It represents the company's ability to monetize its enthusiast community beyond traditional underwriting. This metric is critical for evaluating the diversification of the revenue stream.

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