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Hagerty (HGTY) Revenue & Revenue Breakdown

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Hagerty Revenue Highlights

Latest Revenue (Y)

$1.01B

Latest Revenue (Q)

$311.28M

Main Segment (Y)

Commission Revenue And Fee Revenue

Main Geography (Y)

UNITED STATES

Hagerty Revenue by Period

Hagerty Revenue by Year

DateRevenueChange
2023-12-31-21.97%
2022-12-31-43.87%
2021-12-31-15.41%
2020-12-31-25.74%
2019-12-31-31.68%
2018-12-31--

Hagerty generated $1.01B in revenue during NA 2023, up 21.97% compared to the previous quarter, and up 335.35% compared to the same period a year ago.

Hagerty Revenue by Quarter

DateRevenueChange
2024-06-30-17.21%
2024-03-31-2.93%
2023-12-31--6.66%
2023-09-30-6.53%
2023-06-30-19.12%
2023-03-31-8.36%
2022-12-31--11.96%
2022-09-30-13.82%
2022-06-30-0.56%
2022-03-31-78.37%
2021-12-31--33.46%
2021-09-30-0.40%
2021-06-30-29.57%
2021-03-31-6.38%
2020-12-31--10.56%
2020-09-30-12.07%
2020-06-30--
2020-03-31--

Hagerty generated $311.28M in revenue during Q2 2024, up 17.21% compared to the previous quarter, and up 142.90% compared to the same period a year ago.

Hagerty Revenue Breakdown

Hagerty Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Commission Revenue And Fee Revenue--
Membership And Other Revenue--

Hagerty's latest annual revenue breakdown by segment (product or service), as of Dec 22: Commission Revenue And Fee Revenue (79.90%), and Membership And Other Revenue (20.10%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
Commission Revenue And Fee Revenue----------
Membership And Other Revenue----------
Membership----------
Product and Service, Other----------

Hagerty's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Commission Revenue And Fee Revenue (58.31%), Membership And Other Revenue (20.85%), Product and Service, Other (13.42%), and Membership (7.43%).

Hagerty Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
CANADA--
UNITED STATES--
Europe--

Hagerty's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (93.34%), Europe (4.27%), and CANADA (2.39%).

Quarterly Revenue by Country

CountrySep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Europe---------
UNITED STATES---------
CANADA---------

Hagerty's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (92.78%), CANADA (5.14%), and Europe (2.07%).

Hagerty Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
KMPRKemper--
HMNHorace Mann Educators--
UFCSUnited Fire Group--
HGTYHagerty--
DGICADonegal Group--
GBLIGlobal Indemnity Group--
NODKNI--
SIGISelective Insurance Group--

HGTY Revenue FAQ

What is Hagerty’s yearly revenue?

Hagerty's yearly revenue for 2023 was $1.01B, representing an increase of 21.97% compared to 2022. The company's yearly revenue for 2022 was $829.49M, representing an increase of 43.87% compared to 2021. HGTY's yearly revenue for 2021 was $576.54M, representing an increase of 15.41% compared to 2020.

What is Hagerty’s quarterly revenue?

Hagerty's quarterly revenue for Q2 2024 was $311.28M, a 17.21% increase from the previous quarter (Q1 2024), and a 19.96% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $265.57M, a 2.93% increase from the previous quarter (Q4 2023), and a 21.91% increase year-over-year (Q1 2023). HGTY's quarterly revenue for Q4 2023 was $258M, a -6.66% decrease from the previous quarter (Q3 2023), and a 28.34% increase year-over-year (Q4 2022).

What is Hagerty’s revenue growth rate?

Hagerty's revenue growth rate for the last 3 years (2021-2023) was 75.49%, and for the last 5 years (2019-2023) was 154.67%.

What are Hagerty’s revenue streams?

Hagerty's revenue streams in c 22 are Commission Revenue And Fee Revenue, and Membership And Other Revenue. Commission Revenue And Fee Revenue generated $307.24M in revenue, accounting 79.90% of the company's total revenue, up 13.13% year-over-year. Membership And Other Revenue generated $77.29M in revenue, accounting 20.10% of the company's total revenue, up 49.54% year-over-year.

What is Hagerty’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Hagerty was Commission Revenue And Fee Revenue. This segment made a revenue of $307.24M, representing 79.90% of the company's total revenue.