{"schema_version":"secwatch.filing_event.v1","accession":"0001840776-24-000098","form_type":"8-K","ticker":"HGTY","cik":"0001840776","company_name":"Hagerty, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.666431+00:00","generated_at":"2026-06-02T20:00:43.419742+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hagerty Q1 revenue +24% to $271.7M; swings to net income of $8.2M; reaffirms FY24 outlook","bullets":["Q1 total revenue $271.7M (+24% YoY); written premium $218.3M (+19%); insured vehicles 2.4M (+6%).","Net income $8.2M vs loss $15.0M YoY; Adj. EBITDA $27.3M vs $6.7M; operating margin +1,210 bps.","Policies in force retention 88.7% (up from 87.9%); HDC paid members 831,000 (+8% YoY).","Marketplace revenue surged 58% to $10.5M; commission and fee revenue $88.8M (+19%).","FY2024 guidance reaffirmed: revenue +15-17%, net income +116-148%, Adj. EBITDA +41-53%."],"urls":{"canonical":"https://secwatch.observer/filing/0001840776-24-000098","json":"https://secwatch.observer/filing/0001840776-24-000098.json","markdown":"https://secwatch.observer/filing/0001840776-24-000098.md","text":"https://secwatch.observer/filing/0001840776-24-000098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000098/0001840776-24-000098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000098/hgty-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T20:00:43.419742+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":"476e74c17b9a9b9cd3c1aff8cc45e43f616743fb","claim":"Hagerty, Inc. reported financial results for the fiscal quarter ended March 31, 2024.","evidence_excerpt":"On May 7, 2024, Hagerty, Inc. (the \"Company\") announced its financial results for the fiscal quarter ended March 31, 2024 by issuing a letter to its stockholders and a press release.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000098/0001840776-24-000098-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2024"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}