<a href="https://laohu8.com/S/HGTY">Hagerty</a> Inc. <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue Rises 18%, Net Income Up 46%, Outlook Boosted for 2025
Hagerty Inc. has reported its second-quarter 2025 financial results, showcasing significant growth and an optimistic outlook for the full year. In the second quarter, total revenue increased 18% year-over-year to $368.7 million, while year-to-date total revenue also rose by 18% to $688.3 million. The company's written premium for the second quarter experienced an 11% year-over-year increase, reaching $356.0 million, and year-to-date written premium grew by 11% to $600.3 million. Hagerty's marketplace revenue surged 327% year-over-year to $26.8 million in the second quarter, with a year-to-date increase of 232% to $55.8 million. Operating income for the second quarter climbed 25% from the previous year to $47.7 million, and year-to-date operating income rose 46% to $73.4 million. Hagerty has revised its full-year 2025 outlook, anticipating total revenue growth of 13-14%, net income growth of 43-53%, and adjusted EBITDA growth of 30-38%. The company has highlighted its strong business momentum and increased margins, with expectations of controlling 100% of the premium next year through its evolving partnership with Markel.
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: DE43217) on August 04, 2025, and is solely responsible for the information contained therein.
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