Hagerty, Inc. (HGTY) Form 8-K — Aug 5, 2026
Hagerty, Inc. (NYSE: HGTY) reported second quarter 2026 results on August 5, 2026 and significantly raised its full-year outlook: net income guidance moved from a prior loss of $41-51 million to a profit of $18-30 million, and Adjusted EBITDA guidance was raised to $270-280 million from $236-247 million. Full-year written premium growth is now guided to 16-17%. First-half 2026 written premium grew 19% to $713 million, the company added a record 279,000 new members, and Adjusted EBITDA rose 32% to $160 million.
Key figures
- Revenue
- 666652000
- Guidance
- FY2026: Written Premium growth of 16% to 17%; Total Revenue change of (9)% to (8)%; Net Income of $18 million to $30 million (including ~$199 million of Markel transitional costs); Adjusted EBITDA of $270 million to $280 million
- Total Debt
- 216000000
- Revenue Yoy
- -5.8%
- Cash Position
- 298302000
- Retention
- 88.2%
- Loss Ratio H1
- 40.6%
- New Members H1
- 279000
- Hdc Paid Members
- 961929
- Combined Ratio H1
- 88.1%
- Earned Premium H1
- 491598000
- Policies In Force
- 1855649
- Vehicles In Force
- 3031566
- Adjusted Ebitda H1
- 159690000
- Adjusted Ebitda Q2
- 74505000
- Written Premium H1
- 713448000
- Written Premium Q2
- 424502000
- Earned Premium Growth
- 42%
- Operating Cash Flow H1
- 186157000
- Adjusted Ebitda Growth
- 32%
- Marketplace Revenue H1
- 65310000
- Written Premium Growth
- 19%
- Policies In Force Growth
- 19%
- Aggregate Auction Sales H1
- 239825000
- Class AShares Outstanding
- 101804938
- Class VShares Outstanding
- 241552156
- Operating Cash Flow Growth
- 91%
- Bennetts Acquisition Price
- £34 million
- Markel Transitional Costs H1
- $153 million pre-tax
- Markel Transitional Costs FY2026 E
- ~$199 million pre-tax
Price after filing
Close on the filing date to close N calendar days later (from $11.72). Historical, not a forecast.
AI analysis
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