Hagerty, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Hagerty, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.46B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.24B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.03B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $787.59M | Mar 4, 2025 |
| FY2021 | Dec 31, 2021 | $154.38M | Mar 24, 2022 |
| FY2021 | Sep 30, 2021 | $168.09M | Mar 24, 2022 |
| FY2021 | Jun 30, 2021 | $167.41M | Mar 24, 2022 |
| FY2021 | Mar 31, 2021 | $129.20M | Mar 24, 2022 |
| FY2021 | Dec 31, 2020 | $121.45M | Mar 24, 2022 |
| FY2021 | Sep 30, 2020 | $135.78M | Mar 24, 2022 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $677.63M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $548.63M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $464.27M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $383.69M | Mar 4, 2025 |
| FY2023 | Dec 31, 2021 | $323.26M | Mar 12, 2024 |
| FY2021 | Dec 31, 2020 | $279.05M | Mar 24, 2022 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $32.08M | Mar 14, 2023 |
| FY2022 | Dec 31, 2021 | ($46.36M) | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | $10.17M | Mar 24, 2022 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $66.42M | Mar 4, 2025 |
| FY2024 | Dec 31, 2023 | $10.41M | Mar 4, 2025 |
| FY2024 | Dec 31, 2022 | ($67.57M) | Mar 4, 2025 |
| FY2021 | Dec 31, 2021 | ($21.01M) | Mar 24, 2022 |
| FY2021 | Sep 30, 2021 | $1.76M | Mar 24, 2022 |
| FY2021 | Jun 30, 2021 | $14.27M | Mar 24, 2022 |
| FY2021 | Mar 31, 2021 | ($5.10M) | Mar 24, 2022 |
| FY2021 | Dec 31, 2020 | ($10.07M) | Mar 24, 2022 |
| FY2021 | Sep 30, 2020 | $12.65M | Mar 24, 2022 |
| FY2021 | Jun 30, 2020 | $17.44M | Mar 24, 2022 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $218.99M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $177.02M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $133.71M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $55.33M | Mar 4, 2025 |
| FY2023 | Dec 31, 2021 | $42.28M | Mar 12, 2024 |
| FY2021 | Dec 31, 2020 | $84.57M | Mar 24, 2022 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.09B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.71B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $1.59B | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $1.31B | Mar 12, 2024 |
| FY2022 | Dec 31, 2021 | $1.04B | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | $610.71M | Mar 24, 2022 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.35B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.10B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $1.09B | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $945.15M | Mar 12, 2024 |
| FY2022 | Dec 31, 2021 | $771.07M | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | $493.39M | Mar 24, 2022 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $221.32M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $150.32M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $92.70M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $59.25M | Mar 12, 2024 |
| FY2022 | Dec 31, 2021 | ($323.78M) | Mar 14, 2023 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $114.16M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $114.12M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $114.21M | Mar 4, 2025 |
| FY2024 | Dec 31, 2022 | $115.04M | Mar 4, 2025 |
| FY2023 | Dec 31, 2021 | $11.49M | Mar 12, 2024 |
| FY2022 | Dec 31, 2020 | $4.75M | Mar 14, 2023 |
| FY2021 | Dec 31, 2019 | $3.80M | Mar 24, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($402.96M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($451.98M) | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | ($469.00M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($489.60M) | Mar 12, 2024 |
| FY2022 | Dec 31, 2021 | ($482.28M) | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | $56.83M | Mar 24, 2022 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $160.18M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $104.78M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $108.33M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $95.17M | Mar 4, 2025 |
| FY2022 | Dec 31, 2021 | $275.33M | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | $38.11M | Mar 24, 2022 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $177.91M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $105.76M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $130.68M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $108.28M | Mar 12, 2024 |
| FY2022 | Dec 31, 2021 | $136.50M | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | $70.00M | Mar 24, 2022 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | 0 | Mar 14, 2023 |
| FY2022 | Dec 31, 2021 | 0 | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | 101 | Mar 24, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2021 | 0 | Mar 14, 2023 |
| FY2021 | Dec 31, 2020 | 101 | Mar 24, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 345.21M | Mar 4, 2025 |
| FY2024 | Dec 31, 2023 | 340.09M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | 338.96M | Mar 12, 2024 |
| FY2021 | Dec 31, 2021 | 333.36M | Mar 24, 2022 |