Financials in USD. Standardized financial statements.
A compact view of how Hagerty, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $1.46B | $1.19B | $1.01B | $829.49M | $576.54M | $499.55M |
| Revenue Growth? | +22.2% | +17.8% | +22.0% | +43.9% | +15.4% | 0.0% |
| Cost of Revenue? | $285.39M | $298.59M | $220.66M | $373.55M | $263.06M | $91.03M |
| Gross Profit? | $1.17B | $892.90M | $791.10M | $455.94M | $313.48M | $408.52M |
| Gross Margin? | +80.4% | +74.9% | +78.2% | +55.0% | +54.4% | +81.8% |
| Operating Expenses? | $1.03B | $799.22M | $746.33M | $444.84M | $368.08M | $393.66M |
| Operating Income? | $139.18M | $93.68M | $44.77M | $11.10M | -$54.60M | $14.86M |
| EBITDA? | $176.71M | $132.59M | $90.58M | $44.98M | -$32.46M | $26.66M |
| Income Before Tax | $139.18M | $93.68M | $44.77M | $11.10M | -$54.60M | $14.86M |
| Income Tax Expense | -$10.04M | $15.38M | $16.59M | $7.02M | $6.75M | $4.82M |
| Net Income? | $49.02M | $17.02M | $20.23M | $32.08M | -$46.36M | $10.17M |
| EPS? | $0.44 | $0.10 | $0.19 | $0.39 | $-0.56 | $0.68 |
| Diluted EPS? | $0.37 | $0.10 | $0.09 | $-0.07 | $-0.56 | $0.68 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality