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Hagerty (HGTY) Revenue & Revenue Breakdown

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Hagerty Revenue Highlights

Latest Revenue (Y)

$1.20B

Latest Revenue (Q)

$299.81M

Main Segment (Y)

Commission Revenue And Fee Revenue

Main Geography (Y)

UNITED STATES

Hagerty Revenue by Period

Hagerty Revenue by Year

DateRevenueChange
2024-12-31$1.20B18.61%
2023-12-31$1.01B21.97%
2022-12-31$829.49M43.87%
2021-12-31$576.54M15.41%
2020-12-31$499.55M25.74%
2019-12-31$397.27M31.68%
2018-12-31$301.70M-

Hagerty generated $1.20B in revenue during NA 2024, up 18.61% compared to the previous quarter, and up 302.07% compared to the same period a year ago.

Hagerty Revenue by Quarter

DateRevenueChange
2024-12-31$299.81M-7.29%
2024-09-30$323.37M3.88%
2024-06-30$311.28M17.21%
2024-03-31$265.57M2.93%
2023-12-31$258.00M-6.66%
2023-09-30$276.42M6.53%
2023-06-30$259.49M19.12%
2023-03-31$217.84M8.36%
2022-12-31$201.03M-11.96%
2022-09-30$228.34M13.82%
2022-06-30$200.62M0.56%
2022-03-31$199.50M78.37%
2021-12-31$111.84M-33.46%
2021-09-30$168.09M0.40%
2021-06-30$167.41M29.57%
2021-03-31$129.20M6.38%
2020-12-31$121.45M-10.56%
2020-09-30$135.78M12.07%
2020-06-30$121.16M-0.00%
2020-03-31$121.16M-

Hagerty generated $299.81M in revenue during Q4 2024, up -7.29% compared to the previous quarter, and up 108.46% compared to the same period a year ago.

Hagerty Revenue Breakdown

Hagerty Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22Dec 21
Membership And Other Revenue$133.47M$77.29M$51.68M
Marketplace Revenue$46.36M--
Membership$57.55M--
Product and Service, Other$21.61M--
Commission Revenue And Fee Revenue$423.24M$307.24M$271.57M

Hagerty's latest annual revenue breakdown by segment (product or service), as of Dec 24: Commission Revenue And Fee Revenue (62.04%), Membership And Other Revenue (19.56%), Membership (8.44%), Marketplace Revenue (6.80%), and Product and Service, Other (3.17%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
Membership And Other Revenue$49.95M$60.70M$41.53M$31.25M$32.62M$23.57M$26.51M$20.85M$23.81M$16.41M$16.22M$13.36M
Product and Service, Other$5.62M-$26.73M$17.80M$18.78M-------
Membership$15.35M$29.30M$14.80M$13.45M$13.84M-------
Marketplace Revenue$27.14M-----------
Commission Revenue And Fee Revenue$100.29M$218.24M$116.16M$88.84M$103.17M$110.19M$74.61M$63.81M$85.46M$95.51M$62.46M$57.57M

Hagerty's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Commission Revenue And Fee Revenue (50.56%), Membership And Other Revenue (25.18%), Marketplace Revenue (13.68%), Membership (7.74%), and Product and Service, Other (2.83%).

Hagerty Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 22Dec 21
CANADA$27.39M$767.00K$301.00K
UNITED STATES$511.80M$29.92M$9.45M
Europe$9.56M$1.37M$1.33M

Hagerty's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (93.27%), CANADA (4.99%), and Europe (1.74%).

Quarterly Revenue by Country

CountryMar 25Dec 24Sep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
UNITED STATES$139.89M$251.53M$146.31M$113.97M$125.97M$9.06M$13.53M$8.11M$11.74M$4.75M$5.31M
Europe$4.49M$4.36M$3.27M$1.94M$2.27M$1.02M$272.00K$253.00K$471.00K$374.00K$270.00K
CANADA$4.02M$15.09M$8.11M$4.19M$7.54M$348.00K$164.00K$70.00K$227.00K$152.00K$318.00K

Hagerty's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (94.27%), Europe (3.02%), and CANADA (2.71%).

Hagerty Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
DGICADonegal Group$989.61B$245.17M
KMPRKemper$4.64B$1.18B
HMNHorace Mann Educators$1.60B$393.10M
UFCSUnited Fire Group$1.25B$331.74M
HGTYHagerty$1.20B$299.81M
GBLIGlobal Indemnity Group$441.19M$108.45M
SIGISelective Insurance Group$65.42M$1.29B
NODKNI$32.60M$73.91M

HGTY Revenue FAQ

What is Hagerty’s yearly revenue?

Hagerty's yearly revenue for 2024 was $1.2B, representing an increase of 18.61% compared to 2023. The company's yearly revenue for 2023 was $1.01B, representing an increase of 21.97% compared to 2022. HGTY's yearly revenue for 2022 was $829.49M, representing an increase of 43.87% compared to 2021.

What is Hagerty’s quarterly revenue?

Hagerty's quarterly revenue for Q4 2024 was $299.81M, a -7.29% decrease from the previous quarter (Q3 2024), and a 16.20% increase year-over-year (Q4 2023). The company's quarterly revenue for Q3 2024 was $323.37M, a 3.88% increase from the previous quarter (Q2 2024), and a 16.98% increase year-over-year (Q3 2023). HGTY'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).

What is Hagerty’s revenue growth rate?

Hagerty's revenue growth rate for the last 3 years (2022-2024) was 44.67%, and for the last 5 years (2020-2024) was 140.22%.

What are Hagerty’s revenue streams?

Hagerty's revenue streams in c 24 are Membership And Other Revenue, Marketplace Revenue, Membership, Product and Service, Other, and Commission Revenue And Fee Revenue. Membership And Other Revenue generated $133.47M in revenue, accounting 19.56% of the company's total revenue, up 72.69% year-over-year. Marketplace Revenue generated $46.36M in revenue, accounting 6.80% of the company's total revenue Membership generated $57.55M in revenue, accounting 8.44% of the company's total revenue Product and Service, Other generated $21.61M in revenue, accounting 3.17% of the company's total revenue Commission Revenue And Fee Revenue generated $423.24M in revenue, accounting 62.04% of the company's total revenue, up 37.76% year-over-year.

What is Hagerty’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Hagerty was Commission Revenue And Fee Revenue. This segment made a revenue of $423.24M, representing 62.04% of the company's total revenue.