{"schema_version":"secwatch.filing_event.v1","accession":"0001828105-24-000025","form_type":"8-K","ticker":"HIPO","cik":"0001828105","company_name":"Hippo Holdings Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.457718+00:00","generated_at":"2026-06-03T00:50:33.572597+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hippo Q1 revenue $85M (+114% YoY); net loss -$36M (-49%); FY TGP >$1.3B reiterated","bullets":["Revenue $85M, up 114% YoY; TGP $294M, up 20% YoY with services/IaaS 80% of TGP.","HHIP gross loss ratio improved 21pp to 80% from 101%; net loss ratio improved 455pp to 100%.","GAAP S&M/T&D/G&A expenses fell to 48% of revenue from 135% YoY, down $13M absolute.","Adjusted EBITDA loss $20M, down 62% YoY; net loss attributable to Hippo $36M, down 49%.","Cash & investments rose to $511M, first cash flow positive quarter; Spinnaker surplus $197M."],"urls":{"canonical":"https://secwatch.observer/filing/0001828105-24-000025","json":"https://secwatch.observer/filing/0001828105-24-000025.json","markdown":"https://secwatch.observer/filing/0001828105-24-000025.md","text":"https://secwatch.observer/filing/0001828105-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828105/000182810524000025/0001828105-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828105/000182810524000025/hippo-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:50:33.572597+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4bce6275816cfe00e56cb9615f13031649ab7288","claim":"Hippo Holdings Inc. reported the quarter ended March 31, 2024 results: revenue $85 million, net income $36 million.","evidence_excerpt":"with Services and Insurance-as-a-Service (“IaaS”) representing 80% of TGP • Services and IaaS driving TGP growth, up 37% and 25% YoY, respectively in Q1 • Revenue up 114% YoY to $85 million; significantly better Revenue monetization in Hippo Home Insurance Program (“HHIP\") Continued HHIP Loss Ratio Improvement • HHIP Q1 gross loss ratio improved 21pp YoY to 80% • Q1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828105/000182810524000025/0001828105-24-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$85 million"},{"label":"Net income","value":"$36 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}