In Q1 FY2026 (ended March 31, 2026), Hagerty reported revenue of $311.8 million, a 5.0% decline year-over-year. Operating income was $34.3 million, up 240.1% from the prior year. The company had cash of $212.4 million, equity of $218.7 million, and long-term debt of $228.6 million.
•Revenue fell 5.0% YoY to $311.8 million.
•Operating income surged 240.1% to $34.3 million.
•Cash stood at $212.4 million with long-term debt of $228.6 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Founded 1984Traverse City, MichiganSubsidiary of Hagerty Holding Corp
Hagerty provides insurance services for collector cars and enthusiast vehicles in the United States, Canada, and the United Kingdom. Its business is organized into Insurance and Marketplace segments. The company operates as a managing general agent that underwrites, sells, and services collector car and enthusiast vehicle insurance policies
Hagerty Drivers Club memberships, which are bundled with insurance policies and give subscribers access to an array of products and services, such as emergency roadside assistance, the Hagerty Drivers Club magazine, special access to automotive enthusiast events, a proprietary vehicle valuation tool, and special vehicle-related discounts
Reinsurance services. Additionally, it offers marketplace services comprising live auctions, online sale platforms, and brokered private sales services where automotive collectors and enthusiasts can buy, sell, and finance collector cars. Founded in 1984, the company is headquartered in Traverse City, Michigan. Hagerty, Inc. is a subsidiary of Hagerty Holding Corp.
Hagerty, Inc. is a specialty insurance provider focused on collector cars and enthusiast vehicles. The company operates through two main segments: Insurance and Marketplace. Through its Insurance segment, Hagerty acts as a managing general agent, underwriting, selling, and servicing insurance policies for collector cars and enthusiast vehicles. It also offers Hagerty Drivers Club memberships bundled with insurance, providing benefits like roadside assistance, a magazine, event access, a vehicle valuation tool, and discounts. The Marketplace segment facilitates buying and selling of collector cars via live auctions, online platforms, and brokered private sales, along with financing options. Founded in 1984 and headquartered in Traverse City, Michigan, Hagerty serves customers in the United States, Canada, and the United Kingdom.
On which stock exchange is Hagerty (HGTY) listed and in what currency?
Hagerty, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol HGTY. The company trades in US dollars (USD). As a US-based company with operations in the United States, Canada, and the United Kingdom, its financial reporting and stock trading are conducted in USD, reflecting its primary listing in the US market.
What sector and industry does Hagerty (HGTY) belong to?
Hagerty, Inc. operates in the Financial Services sector, specifically within the Insurance - Property & Casualty industry. As a property and casualty insurer, Hagerty focuses on a niche market: collector cars and enthusiast vehicles. This specialization sets it apart from general auto insurers, as it provides tailored coverage for classic, antique, and specialty vehicles. The company's business model combines traditional insurance underwriting with value-added services and a marketplace for buying and selling collector cars, making it a unique player in the insurance industry.
Where is Hagerty (HGTY) headquartered and what markets does it serve?
Hagerty, Inc. is headquartered in Traverse City, Michigan, United States. The company serves customers in three primary markets: the United States, Canada, and the United Kingdom. Founded in 1984, Hagerty has grown from a local insurer to an international provider of collector car insurance and services. Its geographic focus reflects the strong enthusiast car communities in these regions. The company's headquarters in Traverse City supports its operations across North America and the UK, where it underwrites policies, manages claims, and organizes events for automotive enthusiasts.
How does Hagerty (HGTY) make money?
Hagerty generates revenue through two main segments: Insurance and Marketplace. In the Insurance segment, it earns premiums by underwriting collector car and enthusiast vehicle insurance policies. The company also sells Hagerty Drivers Club memberships, which are often bundled with insurance and provide additional services like roadside assistance, a magazine, event access, and a vehicle valuation tool. These memberships create recurring revenue and enhance customer loyalty. In the Marketplace segment, Hagerty earns fees from live auctions, online sales, and brokered private sales of collector cars, as well as from financing services. This dual revenue stream—insurance premiums and transaction-based marketplace fees—allows Hagerty to profit from both protecting and facilitating the trade of enthusiast vehicles.