earnings
confidence high
sentiment positive
materiality 0.85
Hippo posts Q2 net income of $1M; raises FY25 guidance on improved loss ratio
Hippo Holdings Inc.
2025-Q2 EPS reported
-$1.84
revenue$227,600,000
- Gross written premium $299M (+16% YoY); revenue $117M (+31% YoY).
- Consolidated net loss ratio 47% (46pp YoY improvement); adj. net income $17M vs loss $20M.
- Closed sale of homebuilder assets to Baldwin Group for $100M; expects ~$90M gain in Q3.
- FY25 guidance raised: net income $35-39M positive (from $65-69M loss); adj. net income $(4)M-breakeven.
- Cash/investments $604M (+$76M QoQ); repurchased 514k shares from Lennar for $14.5M.
item 2.02item 9.01