HGTY News & Events

Reports Q4 revenue $357.33M, consensus $323.93M. "2025 was a standout year for Hagerty, defined by accelerating momentum and record new business count. Top-line gains of 17% were fueled by written premium growth of 14%, and we efficiently converted this revenue into a 91% surge in net income. We also reinvested significantly in our business, including our technology transformation, the launch of Enthusiast+, the roll-out of State Farm to 27 states, as well as our Marketplace expansion into Europe," said McKeel Hagerty, CEO and chairman of Hagerty.

Sees FY26 adjusted EBITDA $236M-$247M. "In 2026, we will continue to invest back into our member-centric model to drive durable, compounding growth, with written premiums expected to increase 15% to 16%. 2026 also marks a major milestone for Hagerty as we move to a 100% quota share with our long-term partner, Markel. We believe this evolution, combined with our technology-led efficiency initiatives, positions us to generate even higher rates of underlying profit growth and cash flow for our shareholders over the coming years," added Hagerty.

Broad Arrow, driven by Hagerty, has entered into a multi-year partnership with The Quail, A Motorsports Gathering, to become the official auction partner for the world-renowned motorsports and luxury lifestyle event. Broad Arrow will host a two-day auction at The Quail Golf Club on Thursday, August 13 and Friday, August 14, with the latter taking place during the 23rd edition of The Quail, A Motorsports Gathering. The auction is expected to assemble approximately 175 of the market's most sought-after collector cars for sale, from pre- and post-war classics to motorsport icons, the rarest supercars, emerging modern collectibles, and more. The new agreement supports The Quail's long-term vision of expanding its auction platform and elevating results for consignors and collectors, while offering visitors an expanded array of opportunities to connect with the finest automotive experiences.