Hagerty Q3 2026 net income falls 21% to $36.27 million; revenue drops 10% to $354.24 million
Bitget2026/11/03 11:55- Hagerty’s third-quarter 2026 net income fell 21% year over year to $36.27 million, including $36 million in pre-tax Markel transitional costs.
- Revenue dropped 9% year over year to $354.24 million, reflecting the transition to the Markel Fronting Arrangement.
- Third-quarter written premium rose 16% year over year to $385.97 million.
- Policies in force climbed 18% year over year to 1,909,254 at September 30, 2026.
- Full-year 2026 net income guidance increased to $48 million-$60 million, including approximately $199 million in Markel transitional costs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British Pound hits session highs at 1.3420 amid broadbased US Dollar weakness
Cybertruck orders far exceed pre-production capacity, Tesla (TSLA.US) to refund deposits to a large number of customers
Elon Musk stated that Tesla will refund the Cybertruck deposits to a significant number of customers.
Barrick Gold (B.US) Q3 Results Mixed: Benefiting from Gold Price Dividend While Facing Cost Pressures
Barrick Mining (B.US) will release its financial results for the third quarter of 2026 before the U.S. stock market opens on November 9.
Crypto prices
More
