Growth Metrics

Hamilton Insurance (HG) Operating Expenses (2022 - 2025)

Hamilton Insurance (HG) has 4 years of Operating Expenses data on record, last reported at $237.7 million in Q4 2025.

  • For Q4 2025, Operating Expenses fell 51.85% year-over-year to $237.7 million; the TTM value through Dec 2025 reached $1.8 billion, up 4.18%, while the annual FY2025 figure was $278.9 million, 83.67% down from the prior year.
  • Operating Expenses reached $237.7 million in Q4 2025 per HG's latest filing, down from $487.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $584.3 million in Q1 2025 and bottomed at -$115.1 million in Q4 2022.
  • Average Operating Expenses over 4 years is $360.7 million, with a median of $385.1 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: skyrocketed 441.98% in 2023, then crashed 51.85% in 2025.
  • A 4-year view of Operating Expenses shows it stood at -$115.1 million in 2022, then surged by 441.98% to $393.8 million in 2023, then rose by 25.4% to $493.8 million in 2024, then plummeted by 51.85% to $237.7 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $237.7 million in Q4 2025, $487.4 million in Q3 2025, and $470.3 million in Q2 2025.