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	Sep '26 Sep 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	460.8	160.18	104.78	108.33	95.17	275.33
Short-Term Investments	704.93	731.14	589.53	10.95	-	-
Cash & Short-Term Investments	1,166	891.32	694.31	119.27	95.17	275.33
Cash Growth	301.24%	28.38%	482.12%	25.32%	-65.43%	622.50%
Accounts Receivable	27.52	96.21	84.76	71.53	58.26	46.73
Other Receivables	142.28	224.73	186.11	216.64	160.85	132.89
Receivables	169.8	320.93	270.87	324.07	244.6	179.62
Prepaid Expenses	53.03	21.95	18.52	-	-	30.16
Restricted Cash	132.77	138.82	128.06	615.95	444.02	328.64
Other Current Assets	75.52	179.22	156.47	190.93	152.99	81.54
Total Current Assets	1,597	1,552	1,268	1,250	936.78	895.28
Property, Plant & Equipment	49.28	56.91	62.69	71.28	107.65	28.36
Long-Term Investments	10.9	10.14	10.31	7.73	-	-
Goodwill	114.13	114.16	114.12	114.21	115.04	11.49
Other Intangible Assets	90.48	88.92	90.11	91.92	104.02	76.17
Long-Term Deferred Tax Assets	86.32	43.01	-	-	-	-
Long-Term Deferred Charges	2.9	3.71	3.49	-	-	-
Other Long-Term Assets	160.48	111	103.42	35.83	37.08	30.57
Total Assets	2,279	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	Sep '26 Sep 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	122.1	111.95	58.89	80.68	77.05	9.08
Accrued Expenses	4.55	86.17	77.39	108.74	77.08	108.56
Current Portion of Leases	2.21	8.98	-	6.5	-	-
Current Income Taxes Payable	62.86	39.83	2.18	-	-	-
Current Unearned Revenue	738.34	581.73	513.13	447.88	277.8	210.79
Other Current Liabilities	251.18	264.2	266.88	198.51	235.43	167.38
Total Current Liabilities	1,181	1,093	918.47	842.3	667.36	495.82
Long-Term Debt	246.4	177.91	105.76	130.68	108.28	135.5
Long-Term Leases	39.22	36.7	-	50.46	80.77	-
Long-Term Unearned Revenue	-	-	-	17.34	19.17	19.67
Long-Term Deferred Tax Liabilities	0.31	23.49	18.07	15.94	12.85	10.51
Other Long-Term Liabilities	60.07	16	58.88	38.16	56.72	109.58
Total Liabilities	1,527	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	Sep '26 Sep 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	659.68	623.01	603.78	561.75	549.03	160.19
Retained Earnings	-396.96	-402.96	-451.98	-469	-489.6	-482.28
Comprehensive Income & Other	-5.5	1.23	-1.51	-0.09	-0.21	-1.73
Total Common Equity	257.26	221.32	150.32	92.7	59.25	-323.78
Minority Interest	408.14	439.09	373.18	317.81	308.12	594.58
Shareholders' Equity	752.22	747.03	608.17	493.35	367.37	270.8
Total Liabilities & Equity	2,279	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	Sep '26 Sep 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	287.82	223.59	105.76	187.64	189.05	135.5
Net Cash (Debt)	877.9	667.73	588.55	-68.37	-93.88	139.83
Net Cash Growth	1237.08%	13.45%	-	-	-	-
Net Cash Per Share	5.35	1.92	6.65	-0.20	-0.28	1.70
Filing Date Shares Outstanding	120.62	101.07	90.04	84.66	83.21	82.45
Total Common Shares Outstanding	120.57	100.71	90.03	84.59	83.2	82.33
Working Capital	415.61	459.4	349.76	407.92	269.43	399.47
Book Value Per Share	2.13	2.20	1.67	1.10	0.71	-3.93
Tangible Book Value	52.64	18.24	-53.91	-113.43	-159.81	-411.44
Tangible Book Value Per Share	0.44	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