---
schema_version: "secwatch.filing_event.v1"
accession: "0001840776-25-000220"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:34:47.570904+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hagerty Q2 revenue $368.7M (+18% YoY), net income $47.2M; raises FY 2025 outlook

## Summary
- Q2 total revenue $368.7M (+18% YoY); net income $47.2M (+11% YoY); Adjusted EBITDA $63.7M (+20% YoY).
- FY 2025 outlook raised: revenue growth 13-14%, net income growth 43-53%, Adjusted EBITDA growth 30-38%.
- Written premium $356M (+11% YoY); retention 88.7%; insured vehicles 2.7M (+6%).
- Marketplace revenue $26.8M (+327% YoY) from inventory sales and first European auction with €31M sales.
- Non-binding LOI with Markel for fronting arrangement to control 100% of premium from Jan 1, 2026.

## SEC filing metadata
- accession: 0001840776-25-000220
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000184077625000220/0001840776-25-000220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000184077625000220/hgty-20250804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840776-25-000220
- JSON: https://secwatch.observer/filing/0001840776-25-000220.json
- Plain text: https://secwatch.observer/filing/0001840776-25-000220.txt

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