Hagerty, Inc.

For the period ended Mar 31, 2026. Filed May 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 6, 2026

HGTY$16.94-1.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

Condensed Consolidated Statements of Operations (Unaudited)

	Three months ended March 31,
	2026	2025
REVENUES: · (in thousands, except per share amounts)
Earned premium, net	$239,642	$169,355
Commission and fee revenue	16,435	100,287
Marketplace revenue	25,652	29,086
Membership and other revenue	22,127	20,865
Net investment income	10,263	9,058
Net investment losses	(2,289)	(315)
Total revenue	311,830	328,336
EXPENSES:
Losses and loss adjustment expenses, net	97,919	71,130
Policy acquisition costs, net	101,922	77,333
Underwriting and other insurance expenses	59,588	1,357
Selling, general, and administrative expenses	72,416	144,045
Interest expense and other, net	922	1,689
Total expenses	332,767	295,554
INCOME (LOSS) BEFORE TAXES	(20,937)	32,782
Income tax (expense) benefit	8,192	(5,489)
NET INCOME (LOSS)	(12,745)	27,293
Net (income) loss attributable to non-controlling interest	8,254	(18,922)
Accretion of Series A Convertible Preferred Stock	(2,030)	(1,875)
NET INCOME (LOSS) ATTRIBUTABLE TO CLASS A COMMON STOCKHOLDERS	$(6,521)	$6,496
Earnings (loss) per share of Class A Common Stock:
Basic	$(0.06)	$0.07
Diluted	$(0.06)	$0.07
Weighted average shares of Class A Common Stock outstanding:
Basic	101,034	90,047
Diluted	101,034	346,311

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.