Hagerty, Inc. filed its quarterly report on Form 10-Q with the SEC on August 5, 2026, covering the three and six months ended June 30, 2026, for the period in which the company operates as a membership and automotive lifestyle business that includes specialty insurance, a drivers club, and marketplace services.

Key Highlights

  • Earned premium, net: $251,956 thousand for the three months ended June 30, 2026, compared with $177,785 thousand for the same period in 2025, according to the filing.
  • Commission and fee revenue: $23,665 thousand for the three months ended June 30, 2026, versus $143,287 thousand for the three months ended June 30, 2025, as reported in the filing.
  • Six-month earned premium, net: $491,598 thousand for the six months ended June 30, 2026, compared with $347,140 thousand for the six months ended June 30, 2025.
  • Six-month commission and fee revenue: $40,100 thousand for the six months ended June 30, 2026, versus $243,574 thousand for the six months ended June 30, 2025.
  • Shares outstanding: 102,070,523 shares of Class A Common Stock and 241,552,156 shares of Class V Common Stock outstanding as of July 24, 2026.
  • Exchange listing: Class A common stock trades on The New York Stock Exchange under the ticker symbol HGTY.

Hagerty's Q2 2026 Revenue Mix Reflects Shift in Insurance Structure

According to the filing, Hagerty, Inc. reported earned premium, net of $251,956 thousand for the three months ended June 30, 2026, an increase from $177,785 thousand in the comparable prior-year quarter. For the six months ended June 30, 2026, earned premium, net reached $491,598 thousand, up from $347,140 thousand for the same period in 2025. The company attributed a portion of this structural shift to the fronting arrangement consummated with Markel Group Inc., under which its wholly owned subsidiary Hagerty Reinsurance Limited ("Hagerty Re") assumes risk for policies written through that arrangement.

The filing disclosed that commission and fee revenue for the three months ended June 30, 2026 was $23,665 thousand, compared with $143,287 thousand for the three months ended June 30, 2025. For the six-month periods, commission and fee revenue was $40,100 thousand in 2026 versus $243,574 thousand in 2025. The filing's cautionary statement noted that the company's forward-looking statements, including those related to the Markel fronting arrangement and managing increased underwriting exposure, are subject to risks and uncertainties described in the Risk Factors sections of the quarterly and annual reports.

Hagerty's business, as described in the filing, encompasses specialty insurance for collector cars and other enthusiast vehicles, the Hagerty Drivers Club membership program, and marketplace operations conducted through subsidiaries including Broad Arrow Group, Inc. The filing also references the acquisition of Bennetts Motorcycling Services Limited as part of the company's broader growth activity. Marketplace revenue for the three months ended June 30, 2026 was reported as $39,658 thousand, compared with $26,886 thousand for the three months ended June 30, 2025.

What Was Disclosed

The filing covers Hagerty, Inc.'s unaudited condensed consolidated financial statements for the three and six months ended June 30, 2026, including revenue line items across earned premium, commissions and fees, and marketplace activities, along with share counts and risk factor disclosures.