← Hippo Holdings Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($141.4m) |
($367.9m)
-160.18%
|
($326.5m)
+11.25%
|
($263.0m)
+19.45%
|
($28.6m)
+89.13%
|
$62.6m
+318.88%
|
— | |
| Depreciation and amortization | $6.7m | $11.0m | $15.2m | $19.8m | $23.2m | $20.4m | $20.4m | |
| Impairment and restructuring charges | — | — | $53.5m | $2.9m | $3.3m | $5.0m | — | |
| Accounts receivable, net | ($14.7m) | ($19.5m) | ($50.9m) | ($38.0m) | ($21.9m) | ($85.4m) | ($165.9m) | |
| Accrued expenses and other liabilities | $10.9m | $35.4m | $19.6m | ($5.5m) | ($17.5m) | $7.4m | — | |
| Unearned premiums | $18.1m | $102.8m | $88.2m | $77.9m | $38.7m | $121.8m | — | |
| Other assets | ($7.8m) | ($32.8m) | $8.9m | $6.2m | ($6.4m) | ($16.2m) | — | |
| Other | $0 | ($1.6m) | ($5.3m) | ($3.2m) | $200k | $0 | — | |
| Net cash provided by (used in) operating activities | ($65.4m) |
($124.5m)
-90.37%
|
($161.5m)
-29.72%
|
($92.4m)
+42.79%
|
$47.5m
+151.41%
|
$9.2m
-80.63%
|
$9.2m
0.00%
|
|
| Purchases of property and equipment | ($400k) | ($800k) | ($4.9m) | ($29.6m) | ($300k) | ($100k) | ($13.5m) | |
| Purchases of short-term investments | — | — | ($704.2m) | ($354.3m) | ($270.1m) | ($287.6m) | — | |
| Maturities of short-term investments | — | — | $391.4m | $471.6m | $286.2m | $299.4m | — | |
| Sales of short-term investments | — | — | $700k | $26.7m | $200k | $8.4m | — | |
| Acquisitions of noncontrolling interests | — | — | $0 | ($3.2m) | ($200k) | $0 | — | |
| Net cash provided by (used in) investing activities | ($2.3m) | ($30.0m) | ($405.9m) | $57.6m | $30.3m | ($11.2m) | ($13.0m) | |
| Proceeds from issuance of common stock | — | — | $4.1m | $2.8m | $6.7m | $3.8m | $3.6m | |
| Taxes paid related to net share settlement of equity awards | — | $0 | ($3.9m) | ($4.7m) | ($9.9m) | ($9.4m) | — | |
| Net cash used in financing activities | $518.1m |
$480.8m
-7.20%
|
($6.8m)
-101.41%
|
($14.6m)
-114.71%
|
($40.1m)
-174.66%
|
$19.3m
+148.13%
|
($12.9m)
-166.84%
|
|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $450.4m | $326.3m | ($574.2m) | ($49.4m) | $37.7m | $17.3m | — | |
| Cash, cash equivalents, and restricted cash at the beginning of the period | $492.4m | $818.7m | $244.5m | $195.1m | $232.8m | $250.1m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Stock–based compensation expense | $17.2m | $24.3m | $61.9m | $57.5m | $38.2m | $29.3m | $29.3m | |
| Fair value adjustments | — | — | $100k | $4.5m | $1.7m | ($600k) | — | |
| Gain on sale of business | — | — | $0 | $0 | ($54.4m) | ($95.0m) | — | |
| Other non-cash items | $1.3m | $2.1m | ($3.0m) | ($7.4m) | ($6.2m) | ($8.3m) | — | |
| Reinsurance recoverables | ($17.7m) | ($132.8m) | ($19.4m) | $5.0m | ($4.0m) | ($61.3m) | — | |
| Ceding commissions receivable | ($3.4m) | ($20.3m) | ($4.2m) | ($28.0m) | ($5.7m) | ($19.2m) | — | |
| Prepaid reinsurance premiums | $2.5m | ($102.2m) | ($78.3m) | ($25.7m) | $61.4m | ($79.5m) | — | |
| Provision for commission | $15.3m | ($15.9m) | ($7.3m) | $19.7m | $9.7m | $2.0m | — | |
| Losses and loss adjustment expense reserves | $11.8m | $155.7m | $33.0m | $28.7m | $27.5m | $70.4m | — | |
| Reinsurance premiums payable | $10.0m | $73.3m | $47.7m | $53.0m | ($11.5m) | $55.8m | — | |
| Capitalized internal use software costs | ($9.0m) | ($13.3m) | ($14.8m) | ($17.1m) | ($11.7m) | ($13.2m) | — | |
| Purchases of fixed maturities | ($16.7m) | ($26.2m) | ($793.0m) | ($55.3m) | ($97.7m) | ($138.4m) | — | |
| Maturities of fixed maturities | $76.8m | $5.8m | $401.6m | $15.6m | $49.1m | $51.6m | — | |
| Sales of fixed maturities | $30.7m | $10.7m | $7.2m | $3.2m | $1.4m | $2.9m | — | |
| Proceeds from sale of business, net | — | — | $0 | $0 | $67.2m | $65.8m | — | |
| Proceeds from surplus note, net | — | — | — | $0 | $0 | $47.9m | — | |
| Share repurchases under program | — | — | $0 | ($1.8m) | ($15.6m) | ($14.5m) | — | |
| Payments of contingent consideration | ($3.9m) | ($2.4m) | ($1.7m) | ($1.3m) | ($900k) | ($400k) | — | |
| Distributions to noncontrolling interests and other | — | — | ($5.3m) | ($6.4m) | ($20.2m) | ($8.1m) | — |