Hagerty (HGTY) Cost of Revenue (2021 - 2025)

Hagerty has disclosed Cost of Revenue across 5 years of filings, most recently posting $58.5 million for Q4 2025.

• Cost of Revenue for Q4 2025 came in at $58.5 million, up 33.82% year-over-year; the trailing twelve-month figure through Dec 2025 was $258.2 million (up 35.52% YoY), and the FY2025 annual result was $258.2 million, up 35.52% from the prior year.
• Cost of Revenue came in at $58.5 million for Q4 2025 at Hagerty, down from $77.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $77.7 million in Q3 2025 to a low of $20.4 million in Q1 2021.
• The 5-year median for Cost of Revenue is $40.8 million (2023), against an average of $42.7 million.
• Across the five-year window, Cost of Revenue climbed 2.58% in 2023 and surged 40.4% in 2025, its largest moves.
• Hagerty's Cost of Revenue stood at $26.7 million in 2021, then advanced by 15.44% to $30.8 million in 2022, then gained by 2.58% to $31.6 million in 2023, then soared by 38.45% to $43.7 million in 2024, then jumped by 33.82% to $58.5 million in 2025.
• The last three Cost of Revenue figures came in at $58.5 million (Q4 2025), $77.7 million (Q3 2025), and $67.4 million (Q2 2025), per Business Quant data.