Get all premium features to the best stock analysis tool

Hagerty NYSE: HGTY reported what executives described as its strongest first-quarter performance to date, citing record policy additions, accelerating premium growth and improved adjusted earnings, even as accounting changes tied to a new reinsurance structure weighed on GAAP results.

Hagerty, Inc. (HGTY) Q1 2026 Earnings Call Transcript

Hagerty, Inc. (HGTY) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.08 per share a year ago.

First quarter 2026 Highlights Completed strategic evolution to assume control of Markel program and 100% of premium post transition to fronting arrangement Strong underlying operational performance with growth in written premiums, earned premium and members Transition to fronting arrangement resulted in decrease to reported revenue as previously disclosed Written Premium increased 18% to $289 million Policies in force increased 15% to 1.8 million with a record 112,000 new policies added in the first quarter Earned premium increased 42% to $240 million Net Loss of $13 million, including $89 million of pre-tax Markel Fronting Arrangement transitional costs, compared to Net Income of $27 million in the prior year period Adjusted EBITDA (a non-GAAP measure) increased 77% to $85 million, compared to $48 million in the prior year period Reaffirmed 2026 Outlook for Written Premium growth of 15% to 16% TRAVERSE CITY, Mich., May 6, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) makes it easier and more enjoyable for car enthusiasts to drive and celebrate the vehicles they love — through specialty vehicle insurance, live and digital auctions, engaging media and events, and the Hagerty Drivers Club, the world's largest membership community of car lovers.

Broad Arrow's 2026 Porsche Air|Water Auction realizes $20 million with an 84 percent sell-through rate—the company's best results at the single-marque sale to date | Paint to Sample 2015 Porsche 918 Spyder Weissach at $4,680,000 and rare 2025 RUF SCR at $2,095,000 lead single-day sale during renowned Air|Water event | Additional stand-out results achieved for two Porsche 911s Reimagined by Singer, alongside a group of seldom-seen Power Kit-equipped 911s | Complete results and information on upcoming auctions available at broadarrowauctions.com Broad Arrow's 2026 Porsche Air|Water Auction realizes $20 million with an 84 percent sell-through rate—the company's best results at the single-marque sale to date | Paint to Sample 2015 Porsche 918 Spyder Weissach at $4,680,000 and rare 2025 RUF SCR at $2,095,000 lead single-day sale during renowned Air|Water event | Additional stand-out results achieved for two Porsche 911s Reimagined by Singer, alongside a group of seldom-seen Power Kit-equipped 911s | Complete results and information on upcoming auctions available at broadarrowauctions.com

TRAVERSE CITY, Mich., April 22, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), a business that makes it easier and more enjoyable to be a driving enthusiast, today announced it will report its first quarter 2026 financial results before the market opens on Wednesday, May 6, 2026.

Special single-car live auction at the Allegretto Vineyard Resort sees new auction world record price for 2025 GMA T.50, number 009, at $8,035,000 | The auction took place at a stop along the famed California Mille rally in Paso Robles, California, selling to a bidder in the room | A portion of proceeds from the sale of the rare supercar will benefit the California Highway Patrol 11-99 Foundation and McPherson College | View the result and upcoming Broad Arrow auctions at broadarrowauctions.com Special single-car live auction at the Allegretto Vineyard Resort sees new auction world record price for 2025 GMA T.50, number 009, at $8,035,000 | The auction took place at a stop along the famed California Mille rally in Paso Robles, California, selling to a bidder in the room | A portion of proceeds from the sale of the rare supercar will benefit the California Highway Patrol 11-99 Foundation and McPherson College | View the result and upcoming Broad Arrow auctions at broadarrowauctions.com