Hagerty Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	298.3	160.18	104.78	108.33	95.17	275.33
Short-Term Investments	756.51	731.14	589.53	10.95	-	-
Cash & Short-Term Investments	1,055	891.32	694.31	119.27	95.17	275.33
Cash Growth	306.28%	28.38%	482.12%	25.32%	-65.43%	622.50%
Accounts Receivable	27.31	96.21	84.76	71.53	58.26	46.73
Other Receivables	132.73	224.73	186.11	216.64	160.85	132.89
Receivables	160.04	320.93	270.87	324.07	244.6	179.62
Prepaid Expenses	49.85	21.95	18.52	-	-	30.16
Restricted Cash	169.33	138.82	128.06	615.95	444.02	328.64
Other Current Assets	100.2	179.22	156.47	190.93	152.99	81.54
Total Current Assets	1,534	1,552	1,268	1,250	936.78	895.28
Property, Plant & Equipment	54.36	56.91	62.69	71.28	107.65	28.36
Long-Term Investments	10.76	10.14	10.31	7.73	-	-
Goodwill	114.13	114.16	114.12	114.21	115.04	11.49
Other Intangible Assets	89.32	88.92	90.11	91.92	104.02	76.17
Long-Term Deferred Tax Assets	48.02	43.01	-	-	-	-
Long-Term Deferred Charges	3.17	3.71	3.49	-	-	-
Other Long-Term Assets	141.15	111	103.42	35.83	37.08	30.57
Total Assets	2,148	2,094	1,709	1,588	1,313	1,042

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	89.83	111.95	58.89	80.68	77.05	9.08
Accrued Expenses	6.13	86.17	77.39	108.74	77.08	108.56
Current Portion of Leases	4.42	8.98	-	6.5	-	-
Current Income Taxes Payable	-	39.83	2.18	-	-	-
Current Unearned Revenue	699.17	581.73	513.13	447.88	277.8	210.79
Other Current Liabilities	268.81	264.2	266.88	198.51	235.43	167.38
Total Current Liabilities	1,068	1,093	918.47	842.3	667.36	495.82
Long-Term Debt	215.95	177.91	105.76	130.68	108.28	135.5
Long-Term Leases	37.94	36.7	-	50.46	80.77	-
Long-Term Unearned Revenue	-	-	-	17.34	19.17	19.67
Long-Term Deferred Tax Liabilities	0.24	23.49	18.07	15.94	12.85	10.51
Other Long-Term Liabilities	91.14	16	58.88	38.16	56.72	109.58
Total Liabilities	1,414	1,347	1,101	1,095	945.15	771.07

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	623.66	623.01	603.78	561.75	549.03	160.19
Retained Earnings	-407.17	-402.96	-451.98	-469	-489.6	-482.28
Comprehensive Income & Other	-1.07	1.23	-1.51	-0.09	-0.21	-1.73
Total Common Equity	215.46	221.32	150.32	92.7	59.25	-323.78
Minority Interest	434.35	439.09	373.18	317.81	308.12	594.58
Shareholders' Equity	734.81	747.03	608.17	493.35	367.37	270.8
Total Liabilities & Equity	2,148	2,094	1,709	1,588	1,313	1,042

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	258.31	223.59	105.76	187.64	189.05	135.5
Net Cash (Debt)	796.5	667.73	588.55	-68.37	-93.88	139.83
Net Cash Growth	1260.07%	13.45%	-	-	-	-
Net Cash Per Share	2.26	1.92	6.65	-0.20	-0.28	1.70
Filing Date Shares Outstanding	102.07	101.07	90.04	84.66	83.21	82.45
Total Common Shares Outstanding	101.8	100.71	90.03	84.59	83.2	82.33
Working Capital	465.88	459.4	349.76	407.92	269.43	399.47
Book Value Per Share	2.12	2.20	1.67	1.10	0.71	-3.93
Tangible Book Value	12.01	18.24	-53.91	-113.43	-159.81	-411.44
Tangible Book Value Per Share	0.12	0.18	-0.60	-1.34	-1.92	-5.00
Land	-	-	-	0.93	0.93	0.93
Buildings	-	-	-	1.2	1.2	1.75
Machinery	-	-	-	33.83	35.68	36.26
Leasehold Improvements	-	-	-	9.01	9.3	10.31

SEC Filings: 10-K · 10-Q