HGTY: Hagerty Q3 2026 net income $31.6M, commission revenue $137.1M
Q3 2026 10-Q: commission and fee revenue $21.6M in Q3 and $137.1M year to date; net income $31.6M for Q3 and $120.7M YTD.
What this filing says
Hagerty, the classic car insurance and marketplace company, filed its quarterly report for the period ended September 30, 2026. The filing shows net income of $31.6 million for the quarter, with commission and fee revenue of $137.1 million for the nine months, and notes a renamed and expanded policy acquisition cost line tied to the Markel Fronting Arrangement. Much of the extract is accounting detail, so shareholders would need the full filing for complete results.
Key figures
- Net income (three months)
- $31,565 thousand
- Net income (nine months)
- $120,666 thousand
- Commission and fee revenue (nine months)
- $380,677 thousand
- Class A shares outstanding
- 120,624,052 shares
- Class V shares outstanding
- 223,078,245 shares
Positive for shareholders
- Net income was positive for both the three and nine month periods shown.
Negative for shareholders
- The extract reports a reclassification of expenses into new line items, which makes period-to-period comparisons harder.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Class V common stock:
- A class of Hagerty shares that carries voting rights but is not the class traded on the exchange, held largely by insiders.
- Fronting arrangement:
- An arrangement where an insurer issues policies on paper that is then passed on to other insurers who bear the risk.
- Deferred acquisition costs:
- Costs of winning insurance policies that are recorded on the balance sheet and spread out over the policy's life.
FAQ
How much net income did Hagerty report for the quarter?
Hagerty reported net income of $31,565 thousand for the three months ended September 30, 2026, and $120,666 thousand for the nine months.
What is the Markel Fronting Arrangement mentioned in the filing?
The filing says policy acquisition costs were expanded to include amortization of deferred acquisition costs for policies issued through the Markel Fronting Arrangement, but the extract does not give its full terms.
Historical context for HGTY
Across the 27 sessions after earlier HGTY headlines, the stock closed higher 16 times and lower 10 times, with a median move of 0.9% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | HGTY | SPY |
|---|---|---|---|
| Nov 3, 2026 | Hagerty Reports Third Quarter 2026 Results; Increases 2026 Growth Outlook | +7.2% | +0.3% |
| Oct 23, 2026 | Broad Arrow Brings Supercar Heaven to October 31 Auction in Partnership with Concours at Wynn Las Vegas | -1.3% | -0.5% |
| Oct 21, 2026 | Hagerty to Report Third Quarter 2026 Results and Host Conference Call on Tuesday, November 3, 2026 | +0.4% | +0.5% |
| Oct 16, 2026 | BROAD ARROW DELIVERS SPECTACULAR FERRARIS ACROSS GLOBAL MARKETS AS SUPERCAR AND HYPERCAR DEMAND CLIMBS | +0.0% | -1.1% |
| Oct 15, 2026 | Broad Arrow Reveals 106-Mile Ferrari F50 for Second Annual Auction in Partnership with Concours at Wynn Las Vegas | +2.8% | +0.3% |
| Oct 9, 2026 | Drop the Needle, Pop the Clutch: Mix Master Mike to Headline a Free Set at RADwood NorCal | +0.1% | +0.6% |
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Specialty Insurers
- Listed since
- 2021
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