← Hippo Holdings Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $51.6m |
$91.2m
+76.74%
|
$119.7m
+31.25%
|
$209.7m
+75.19%
|
$372.1m
+77.44%
|
$468.6m
+25.93%
|
$507.2m
+8.24%
|
|
| Technology and development expenses | $18.0m | $36.2m | $57.5m | $47.0m | $30.7m | $32.5m | — | |
| Sales and marketing expenses | $69.4m | $95.0m | $101.8m | $80.1m | $51.2m | $33.5m | — | |
| General and administrative expenses | $36.8m | $49.2m | $71.5m | $79.6m | $70.7m | $67.1m | $67.6m | |
| Impairment and restructuring charges | — | $0 | $55.3m | $5.5m | $3.6m | $5.0m | — | |
| Net investment income | $1.1m | $300k | $9.0m | $23.1m | $24.4m | $25.4m | $27.2m | |
| Gain on sale of business | — | — | $0 | $0 | ($54.4m) | ($95.0m) | — | |
| Income (loss) before income taxes | ($143.2m) | ($367.2m) | ($325.2m) | ($262.5m) | ($27.4m) | $63.3m | — | |
| Income tax expense | ($1.8m) | $700k | $1.3m | $500k | $1.2m | $700k | $1.8m | |
| 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%
|
$121.3m
+93.77%
|
|
| Net income (loss) attributable to Hippo | ($141.5m) | ($371.4m) | ($333.4m) | ($273.1m) | ($40.5m) | $57.7m | $121.3m | |
| Net income (loss) per share attributable to Hippo - basic (in dollars per share) | ($2) | ($1) | ($15) | ($12) | ($2) | $2 | $121.3m | |
| Net income attributable to noncontrolling interests, net of tax | $100k | $3.5m | $6.9m | $10.1m | $11.9m | $4.9m | — | |
| Weighted average shares common shares outstanding - basic (in shares) | 86.9m | 272.2m | 22.7m | 23.6m | 24.7m | 25.3m | — | |
| Weighted average shares common shares outstanding - diluted (in shares) | 86.9m | 272.2m | 22.7m | 23.6m | 24.7m | 26.0m | — | |
| Net earned premium | $17.1m | $38.9m | $42.5m | $107.5m | $272.5m | $380.1m | — | |
| Commission income, net | $27.1m | $37.5m | $54.3m | $63.4m | $63.6m | $51.3m | — | |
| Service and fee income | $6.3m | $14.5m | $13.9m | $15.7m | $11.6m | $11.8m | — | |
| Losses and loss adjustment expenses | $25.3m | $84.4m | $101.4m | $181.7m | $209.0m | $229.9m | — | |
| Insurance related expenses | $19.3m | $41.7m | $59.9m | $79.1m | $88.8m | $131.3m | — | |
| Interest and other (income) expense, net | $26.0m | $198.9m | ($2.5m) | ($800k) | ($100k) | $1.0m | — | |
| Change in net unrealized gain on investments, net of tax | $0 | ($800k) | ($6.3m) | $4.1m | $200k | $4.5m | — | |
| Comprehensive income (loss) attributable to Hippo | ($141.5m) | ($372.2m) | ($339.7m) | ($269.0m) | ($40.3m) | $62.2m | — | |
| Total expenses | $194.8m | $458.4m | $444.9m | $472.2m | $399.5m | $405.3m | $384.1m |