Hagerty Raises FY2025 Sales Guidance from $1.356B-$1.368B to $1.368B-$1.380B vs $1.365B Est

Author: Benzinga Newsdesk | November 04, 2025 07:04am

2025 OUTLOOK - SUSTAINED REVENUE GROWTH AND MARGIN EXPANSION

We believe 2025 is on track to be another year of strong profit growth for Hagerty as our team executes on our long-term plan to create value for stakeholders by delivering high rates of compounding revenue growth through investing in our long-term competitive advantages. In 2025, these investments aggregate to $20 million of elevated spend, primarily in our new technology platform, Duck Creek, which we believe will help us more efficiently grow our business over the coming years. We remain focused on growing our Insurance, Membership and Marketplace businesses, positioning us to deliver sustained, compounding profit growth over the coming years, and fund our purpose to save driving and fuel car culture for future generations.

• For full year 2025, Hagerty anticipates:
  • Written Premium growth of 13-14%
  • Total Revenue growth of 14-15%
  • Net Income growth of 58-65%
  • Adjusted EBITDA growth of 37-41%

			Prior 2025 Outlook1 ($)				Revised 2025 Outlook ($)
in thousands	2024 Results		Low End		High End		Low End		High End
Total Written Premium	$1,044,492		$1,180,000		$1,191,000		$1,180,000		$1,191,000
Total Revenue	$1,200,038		$1,356,000		$1,368,000		$1,368,000		$1,380,000
Net Income2, 4, 5	$78,303		$112,000		$120,000		$124,000		$129,000
Adjusted EBITDA3, 4	$124,473		$162,000		$172,000		$170,000		$176,000

Posted In: HGTY