What is Hagerty's marketplace revenue?

Hagerty (HGTY) reported marketplace revenue of $25.65M in Q1 2026.

How has Hagerty's marketplace revenue changed year-over-year?

Hagerty's marketplace revenue decreased by 11.8% year-over-year, from $29.09M to $25.65M.

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.

Hagerty HGTY Marketplace revenue

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Segments

By segment

See full

Marketplace$25.65M-11.8%

Insurance$0—

Other financials

Income statement

See full

Revenue$311.8M-5.0%

Operating income$34.3M+240%

Net income-$12.7M-147%

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

See full

Market cap$1.17B+30.8%

Enterprise value$1.07B+36.3%

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 hgty:MarketplaceRevenue.

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 revenue?: Hagerty (HGTY) reported marketplace revenue of $25.65M in Q1 2026.
How has Hagerty's marketplace revenue changed year-over-year?: Hagerty's marketplace revenue decreased by 11.8% year-over-year, from $29.09M to $25.65M.
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.