Hagerty Q3 revenue up 18% to $380M, net income up 143%, raises FY2025 outlook

Hagerty, Inc.

Q3 total revenue $380.0M (+18% YoY); net income $46.2M (+143%); adjusted EBITDA $49.7M (+106%).
FY2025 guidance raised: revenue growth 14-15%, net income growth 58-65%, adj. EBITDA growth 37-41%.
Loss ratio improved to 42.0% (vs 60.0% prior year) aided by lower catastrophe losses.
Marketplace revenue surged 58% to $34.2M; HDC members reached 921,000 (+6% YoY).
Signed partnership with Liberty Mutual; Markel fronting arrangement starting Jan 2026 to retain full underwriting economics.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.