Earnings summaries and quarterly performance for Hagerty.
Executive leadership at Hagerty.
McKeel Hagerty
Chief Executive Officer
Collette Champagne
Chief Human Resources Officer and Chief Administrative Officer
Diana Chafey
Chief Legal Officer and Corporate Secretary
Jeff Briglia
President of Insurance
Ken Ahn
President of Marketplace
Patrick McClymont
Chief Financial Officer
Russell Page
Chief Information Officer
Board of directors at Hagerty.
Research analysts who have asked questions during Hagerty earnings calls.
Mark Hughes
Truist Securities
3 questions for HGTY
Pablo Singzon
JPMorgan Chase & Co.
3 questions for HGTY
C. Gregory Peters
Raymond James
1 question for HGTY
David
JMP Securities
1 question for HGTY
Kevin Wijendra
JPMorgan Chase & Co.
1 question for HGTY
Maxwell Fritscher
Truist Financial Corporation
1 question for HGTY
Michael Zaremski
BMO Capital Markets
1 question for HGTY
Recent press releases and 8-K filings for HGTY.
- Hagerty reported strong financial results for the first nine months of 2025, with total revenue increasing 18%, net income gaining 73% to $121 million, and adjusted EBITDA growing 46% to $153 million.
- For the third quarter of 2025, total revenue grew 18% to $380 million, net income increased 143% to $46 million, and Adjusted EBITDA rose 106% to $50 million.
- The company increased its full-year 2025 outlook, now expecting 14%-15% revenue growth, net income of $124-$129 million (58%-65% growth), and adjusted EBITDA of $170-$176 million (37%-41% growth compared to 2024).
- Hagerty announced a new partnership with Liberty Mutual and Safeco and a new fronting arrangement with Markel commencing in 2026, which will allow Hagerty to control 100% of the premium and risk.
- Membership, marketplace, and other revenue saw significant growth, jumping 54% for the first nine months of 2025 due to the launch of its European auction business and growth in inventory sales and private transactions.
- Hagerty (HGTY) reported Q3 YTD 2025 total revenue of $1,068 million, an 18% increase, with net income up 73% to $121 million and Adjusted EBITDA up 46% to $153 million.
- The company added 258,000 new members during the first nine months of 2025.
- HGTY raised its 2025 outlook, now projecting total revenue of $1,368 million to $1,380 million and Adjusted EBITDA of $170 million to $176 million.
- A new partnership with Liberty Mutual was signed to offer enhanced collectible car insurance.
- Hagerty announced a non-binding Letter of Intent for a new fronting arrangement with Markel, effective 2026, which will grant Hagerty control of 100% of the premium and is expected to improve profitability and operational control.
- Hagerty, Inc. reported strong financial results for the third quarter and year-to-date 2025, with Total Revenue increasing 18% year-over-year to $380.0 million in Q3 2025 and $1,068.3 million year-to-date. Net Income for Q3 2025 rose 143% to $46.2 million, and year-to-date Net Income increased 73% to $120.7 million. Adjusted EBITDA for Q3 2025 grew 106% to $49.7 million, and year-to-date Adjusted EBITDA increased 46% to $153.1 million.
- The company raised its full-year 2025 outlook, now expecting Total Revenue growth of 14-15%, Net Income growth of 58-65%, and Adjusted EBITDA growth of 37-41%. The revised 2025 outlook for Total Revenue is $1,368 million to $1,380 million, Net Income is $124 million to $129 million, and Adjusted EBITDA is $170 million to $176 million.
- Operational highlights include a 16% year-over-year increase in Written Premium to $334.0 million for Q3 2025 and 13% year-to-date growth to $934.4 million. Hagerty Drivers Club (HDC) paid members increased 6% year-over-year to approximately 921,000 as of September 30, 2025.
- Hagerty also announced a new partnership with Liberty Mutual and a proposed fronting arrangement with Markel starting January 1, 2026, which is expected to result in Hagerty controlling 100% of the premium and an approximate 350 bps improvement in GAAP operating margin.
- Hagerty reported strong third quarter 2025 results, with Total Revenue increasing 18% year-over-year to $380.0 million, Net Income growing 143% to $46.2 million, and Adjusted EBITDA rising 106% to $49.7 million.
- For the nine months ended September 30, 2025, Total Revenue increased 18% to $1,068.3 million, Net Income grew 73% to $120.7 million, and Adjusted EBITDA increased 46% to $153.1 million.
- The company raised its full-year 2025 outlook, now projecting Total Revenue growth of 14-15% (to between $1.368 billion and $1.380 billion), Net Income growth of 58-65% (to between $124 million and $129 million), and Adjusted EBITDA growth of 37-41% (to between $170 million and $176 million).
- Hagerty, Inc. has signed a new partnership with Liberty Mutual Insurance to offer enhanced collectible car insurance.
- This collaboration will enable Liberty Mutual and Safeco to provide Hagerty's collectible car coverage to their new and existing policyholders, starting in 2026.
- Hagerty's CEO, McKeel Hagerty, stated that carrier partnerships are a key growth engine for the company.
Quarterly earnings call transcripts for Hagerty.
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