Hagerty HGTY Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Insurance | $285.93M-4.4% | —— | —— | —— | $299.08M+0.9% | |
| Marketplace | $25.9M-11.5% | —— | —— | —— | $29.26M+111% | |
| Marketplace revenue by Business | ||||||
| Insurance | $0— | —— | —— | —— | $0— | |
| Marketplace | $25.65M-11.8% | —— | —— | —— | $29.09M+113% | |
| Segment income (loss) before taxes by Business | ||||||
| Insurance | -$20.35M-162% | —— | —— | —— | $32.9M+7.4% | |
| Marketplace | $786K-48.9% | —— | —— | —— | $1.54M+143% | |
| Net investment income by Business | ||||||
| Insurance | $10.01M+12.7% | —— | —— | —— | $8.88M-7.4% | |
| Marketplace | $249K+42.3% | —— | —— | —— | $175K-21.5% | |
| Finance revenue by Business | ||||||
| Insurance | $0— | —— | —— | —— | $0— | |
| Marketplace | $3.12M+69.1% | —— | —— | —— | $1.85M-8.6% | |
| Earned premium, net by Business | ||||||
| Insurance | $239.64M+41.5% | —— | —— | —— | $169.36M+5.3% | |
| Marketplace | $0— | —— | —— | —— | $0— | |
| Interest expense and other, net by Business | ||||||
| Insurance | -$16K-104% | —— | —— | —— | $412K-99.5% | |
| Marketplace | -$157K-35.3% | —— | —— | —— | -$116K-102% | |
| Net investment losses by Business | ||||||
| Insurance | -$2.29M-627% | —— | —— | —— | -$315K-157% | |
| Marketplace | $0— | —— | —— | —— | $0— | |
| Operating Expenses by Business | ||||||
| Insurance | $306.28M+15.1% | —— | —— | —— | $266.17M+0.1% | |
| Marketplace | $25.12M-9.4% | —— | —— | —— | $27.72M+58.8% | |
| Losses and loss adjustment expenses, net by Business | ||||||
| Insurance | $97.92M+37.7% | —— | —— | —— | $71.13M-4.7% | |
| Marketplace | $0— | —— | —— | —— | $0— | |
| Selling, general, and administrative expenses by Business | ||||||
| Insurance | $46.87M-59.6% | —— | —— | —— | $115.94M— | |
| Marketplace | $25.27M-9.2% | —— | —— | —— | $27.84M— | |
| Policy acquisition costs, net by Business | ||||||
| Insurance | $101.92M+31.8% | —— | —— | —— | $77.33M— | |
| Marketplace | $0— | —— | —— | —— | $0— | |
| Underwriting and other insurance expenses by Business | ||||||
| Insurance | $59.59M+4,291% | —— | —— | —— | $1.36M— | |
| Marketplace | $0— | —— | —— | —— | $0— | |
| Revenue from contract with customer, including finance revenue, excluding assessed tax by Product | ||||||
| Membership and other revenue | $22.13M+6.0% | —— | $55.85M+34.5% | $47.63M+77.7% | $20.87M-33.2% | |
| Total commission and fee revenue | $16.44M-83.6% | $105.7M+18.2% | $137.1M+18.0% | $143.29M+11.2% | $100.29M+12.9% | |
| Revenue by Product | ||||||
| Commission and fee revenue | $13.73M-84.6% | $94.35M+18.0% | $121.73M+15.4% | $128.43M+10.6% | $89.17M+11.8% | |
| Contingent commission | $2.71M-75.6% | $11.35M+20.0% | $15.37M+43.7% | $14.85M+16.9% | $11.12M+22.5% | |
| Revenue by Geography | ||||||
| International | $13.08M+87.0% | —— | —— | —— | $7M-22.2% | |
| United States | $48.01M-66.0% | $141.2M+22.7% | $172.48M+19.2% | $162.96M+16.3% | $141.4M+25.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Hagerty break its business down?
- Hagerty (HGTY) reports total revenue by business across 2 parts — Insurance and Marketplace. Each is extracted from the segment footnotes and tracked over time.
- Where does Hagerty's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Hagerty's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
