---
schema_version: "secwatch.filing_event.v1"
accession: "0001828105-25-000035"
form_type: "8-K"
ticker: "HIPO"
cik: "0001828105"
company_name: "Hippo Holdings Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:51:19.225527+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hippo Q1 revenue +30% to $110M; net loss $48M from $45M LA wildfire costs, guidance reaffirms net profit by Q4'25

## Summary
- Q1 revenue $110M (+30% YoY); net loss $48M vs $36M loss in Q1'24, with $45M LA wildfire impact.
- HHIP gross loss ratio 121% (+41pp YoY); non-PCS loss ratio improved 6pp to 53%.
- IaaS revenue $39M (+91% YoY); fixed expenses down $7M to 30% of revenue (vs 48% in Q1'24).
- Cash and investments $528M; signed $50M surplus note pending IL DOI approval, expected Q2'25.
- Guidance: net profit by Q4 2025; annual revenue run-rate >$500M by year end.

## SEC filing metadata
- accession: 0001828105-25-000035
- form_type: 8-K
- ticker: HIPO
- cik: 0001828105
- company_name: Hippo Holdings Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828105/000182810525000035/0001828105-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828105/000182810525000035/hippo-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828105-25-000035
- JSON: https://secwatch.observer/filing/0001828105-25-000035.json
- Plain text: https://secwatch.observer/filing/0001828105-25-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.