Hagerty third quarter revenue rises 18% to $380 million

Reuters
2025/11/04
<a href="https://laohu8.com/S/HGTY">Hagerty</a> third quarter revenue rises 18% to $380 million

Hagerty Inc. reported third quarter 2025 total revenue of $380.0 million, an increase of 18% year-over-year. Year-to-date 2025 total revenue rose 18% to $1,068.3 million. Third quarter written premium was $334.0 million, up 16% year-over-year, with year-to-date written premium increasing 13% to $934.4 million. Marketplace revenue for the third quarter grew 58% year-over-year to $34.2 million, and year-to-date marketplace revenue rose 135% to $89.9 million. Third quarter operating income increased 240% year-over-year to $34.3 million, with year-to-date operating income up 78% to $107.7 million. Adjusted earnings per share for the third quarter was $0.13, and $0.34 year-to-date. Hagerty raised its full-year 2025 outlook, expecting total revenue growth of 14-15%, net income growth of 58-65%, adjusted EBITDA growth of 37-41%, and written premium growth of 13-14%. The company ended the quarter with $160.4 million in unrestricted cash and $178.0 million in total debt. Main business developments included increased investment in a new technology platform and growth across its insurance, membership, and marketplace businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hagerty Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE14537) on November 04, 2025, and is solely responsible for the information contained therein.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10