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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›HGTY›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Hagerty, Inc. (HGTY) financials

Income statement

Hagerty, Inc. (HGTY) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$279M$323M$384M$464M$549M$678M
Revenue growth—15.8%18.7%21.0%18.2%23.5%
Operating income$15.8M-$10.1M-$67.6M$10.4M$66.4M—
Operating margin5.7%-3.1%-17.6%2.2%12.1%—
Net income$10.0M-$61.4M$2.40M$28.2M$78.3M$149M
Net margin3.6%-19.0%0.6%6.1%14.3%22.0%
EPS (diluted)$101.66-$0.56————

Cash flow

Hagerty, Inc. (HGTY) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$84.6M$42.3M$55.3M$134M$177M$219M
Capital expenditures$38.3M$43.4M$44.4M$26.4M$21.3M$24.5M
Free cash flow$46.3M-$1.09M$11.0M$107M$156M$194M

Balance sheet

Hagerty, Inc. (HGTY) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$38.1M$275M$95.2M$108M$105M$160M
Total assets$611M$1.04B$1.31B$1.59B$1.71B$2.09B
Total liabilities$493M$771M$945M$1.09B$1.10B$1.35B
Long-term debt$69.0M$136M$108M$131M$106M$178M
Shareholders' equity$117M-$324M$59.3M$92.7M$150M$221M
Retained earnings$56.8M-$482M-$490M-$469M-$452M-$403M
Shares (wtd avg diluted)100K333M339M340M345M—

Every figure is extracted from Hagerty, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Hagerty, Inc.'s annual revenue?
Hagerty, Inc. (HGTY) reported $678M of revenue for fiscal year 2025 — up 23.5% from $549M in FY2024, per its annual report filed with the SEC.
Is Hagerty, Inc. profitable?
Yes — HGTY earned $149M of net income in FY2025, a 22.0% net margin, per SEC filings.
What is Hagerty, Inc.'s free cash flow?
$194M in FY2025 (operating cash flow $219M minus $24.5M of capital expenditures), from the SEC cash-flow statement.
Does HGTY pay a dividend?
Hagerty, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full HGTY analysis — verdict, score & filings →Is HGTY a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.