Goosehead Q2 revenue up 31% to $69.3M, net income triples to $7.2M; raises FY 2023 guidance
Goosehead Insurance, Inc.
- Total revenue $69.3M (+31% YoY); core revenue $61.0M (+27%); net income $7.2M vs $2.4M.
- Adjusted EBITDA $23.1M (+85% YoY), margin 33% (+900 bps); adjusted EPS $0.41 (+161%).
- Total written premiums $767M (+36%), policies in force +21% to ~1.427M; client retention 88%.
- Corporate sales headcount down 44% to 280; franchise producers up 3% to 2,069.
- Raising FY 2023 revenue outlook to $260M-$267M (24-28% growth); written premiums $2.87B-$2.99B.