NYSE$HGTY

Hagerty Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Hagerty reported Q3 2025, revenue of $380M, net income of $46.2M, diluted EPS of $0.29.

For Q3 2025, Hagerty reported revenue of $380M, net income of $46.2M, diluted EPS of $0.29. Management discussed operating trends, liquidity, and priorities as disclosed in the quarterly filing.

  • Revenue $380M.
  • Net income $46.2M.
  • Diluted EPS $0.29.

Headline financials

Total Revenue

$380M

Previous: $323M+17.5%
EPS (adj)

$0.29

Previous: $0.03+866.7%
Written premium

$334M

Previous: $288M+16.1%
PIF retention

88.6%

Previous: 88.8%-0.2%
Loss ratio

42.0%

Previous: 60.0%-30.0%
Policies in force

1.6M

Previous: 1.5M+7.4%
Vehicles in force

2.7M

Previous: 2.6M+6.3%
HDC paid members

920.7K

Previous: 875.8K+5.1%
Net Income

$46.2M

Previous: $19M+142.9%
Operating Income

$34.3M

Previous: $10.1M+240.1%

Revenue & EPS history

Hagerty · Revenue · Quarterly

$380M

Q3 2025+17.5%vs Q3 2024
Beat estimate in 11 of 13 quarters(85%)
ActualEstimate

Revenue by segment

Hagerty · $152M total across 2 segments · Q1 2022

  • Earned premium
    $89.1M
  • Commission & fee
    $62.5M

Forward guidance

The filing discusses Hagerty's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • Hagerty cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.3%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+6.2%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+10.0%

Q3 2023

Best reaction

-5.5%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.1%-2.8%+0.8%
Q4 2025+4.3%-8.9%-10.6%
Q3 2025-1.8%+10.1%+12.8%
Q1 2025+7.0%+6.0%+12.8%
Q4 2024-0.9%-2.4%-12.7%
Q3 2024-5.5%-5.8%-5.9%
Q2 2024-4.8%-2.5%+7.7%
Q1 2024+1.7%-2.2%+8.5%
Q4 2023+0.1%-5.6%-5.2%
Q3 2023+10.0%+9.2%+10.1%
Q2 2023+0.1%+7.9%+1.2%
Q1 2023+5.1%-2.3%+1.1%
Q4 2022-0.4%+6.9%+7.1%
Q3 2022+7.6%+1.5%-1.5%
Q2 2022+3.6%+18.8%+1.9%
Q1 2022+1.3%+10.7%+32.7%
Q4 2021-0.7%-17.3%-29.3%
Q3 2021-0.1%+0.0%+82.9%
Q2 2021+0.5%-1.0%+2.8%
Q1 2021
Q4 2020

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