FY2025 · ended Dec 31, 2025 · Revenue $677.63M, +23.5% YoY · Filed Feb 26, 2026
Hagerty, Inc. (HGTY) files with the SEC under industry code 6411, Insurance Agents, Brokers & Service. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $677.6 million and net income of $149.2 million. Free cash flow was $194.5 million. As of Sep 30, 2026 it held $1.1 billion in cash and investments and $287.8 million in total debt.
Revenue (TTM)
$364.02M
-43.8% vs year-ago TTM
Net income (TTM)
$60.12M
-53.4% vs year-ago TTM
Operating cash flow (TTM)
$309.25M
+74.5% vs year-ago TTM
Free cash flow (TTM)
$279.65M
+80.8% vs year-ago TTM
EPS
$-0.56
Dividend per share
None
Shares outstanding
345.21M
+1.5% vs prior year
Net cash
$793.80M
as of Sep 30, 2026
Operating margin
12.1%
FY 2024
Company profile
- Industry
- Insurance Agents, Brokers & Service (SIC 6411)
- Listed as
- HGTY (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Traverse City, MI
- SEC filer status
- Accelerated filer
- SEC CIK
- 1840776
- Former names
- Aldel Financial Inc. (until Nov 22, 2021)
Other Insurance Agents, Brokers & Service companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $677.6M | $548.6M | $464.3M | $383.7M | $323.3M |
| Operating income | — | $66.4M | $10.4M | -$67.6M | -$10.1M |
| Net income | $149.2M | $78.3M | $28.2M | $2.4M | -$61.4M |
| Diluted EPS | — | — | — | — | -$0.56 |
| Operating cash flow | $219.0M | $177.0M | $133.7M | $55.3M | $42.3M |
| Free cash flow | $194.5M | $155.7M | $107.3M | $11.0M | -$1.1M |
| Total assets | $2.1B | $1.7B | $1.6B | $1.3B | $1.0B |
| Total liabilities | $1.3B | $1.1B | $1.1B | $945.1M | $771.1M |
| Stockholders' equity | $221.3M | $150.3M | $92.7M | $59.3M | -$323.8M |
| Cash and investments | $856.4M | $694.3M | $108.3M | $95.2M | $275.3M |
| Total debt | $223.6M | $156.4M | $191.3M | $196.6M | $136.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 3, 2026 | Nov 3, 2026 |
| 8-K |
Current report
Material agreement, Other events
|
Sep 11, 2026 | Sep 9, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 9, 2026 | Sep 9, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 5, 2026 | Aug 5, 2026 |
All 910 Hagerty, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.