---
schema_version: "secwatch.filing_event.v1"
accession: "0001840776-23-000166"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:46:53.986075+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hagerty Q3 revenue up 27% to $275.6M, turns to positive Adj. EBITDA, raises FY outlook

## Summary
- Total revenue $275.6M (+27% YoY); written premium $255.6M (+15%); earned premium $139.8M (+30%).
- Net income $18.6M (-23% YoY); includes lower loss ratio of 41.1% vs 56.4% prior year.
- Adjusted EBITDA $37.4M vs -$10.0M prior year; year-to-date Adj. EBITDA $78.4M vs $0.1M.
- Membership, marketplace & other revenue up 37% to $32.6M; HDC paid members ~807,000 (+8%).
- FY 2023 outlook raised: revenue growth 26-27%, Net income $2-12M, Adj. EBITDA $75-85M.

## SEC filing metadata
- accession: 0001840776-23-000166
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000166/0001840776-23-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000166/hgty-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840776-23-000166
- JSON: https://secwatch.observer/filing/0001840776-23-000166.json
- Plain text: https://secwatch.observer/filing/0001840776-23-000166.txt

## Key facts
- Earnings Releases
  Hagerty, Inc. updated its the fiscal quarter ended September 30, 2023 guidance (raised).
  - Period: the fiscal quarter ended September 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On November 8, 2023, Hagerty, Inc. (the "Company") announced its financial results for the fiscal quarter ended September 30, 2023 by issuing a letter to its stockholders and a press release.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000166/0001840776-23-000166-index.htm

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