Growth Metrics

Hagerty (HGTY) Gross Margin (2021 - 2025)

Hagerty's Gross Margin history spans 5 years, with the latest figure at 93.65% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 678.0% to 93.65% in Q4 2025 year-over-year; TTM through Dec 2025 was 84.35%, a 487.0% increase, with the full-year FY2025 number at 82.27%, down 238.0% from a year prior.
  • Gross Margin hit 93.65% in Q4 2025 for Hagerty, up from 79.56% in the prior quarter.
  • Over the last five years, Gross Margin for HGTY hit a ceiling of 95.19% in Q4 2023 and a floor of 59.64% in Q3 2022.
  • Historically, Gross Margin has averaged 77.19% across 5 years, with a median of 80.23% in 2021.
  • The widest YoY moves for Gross Margin: up 2565bps in 2022, down -2126bps in 2022.
  • Tracing HGTY's Gross Margin over 5 years: stood at 68.04% in 2021, then skyrocketed by 38bps to 93.69% in 2022, then grew by 2bps to 95.19% in 2023, then decreased by -9bps to 86.88% in 2024, then grew by 8bps to 93.65% in 2025.
  • Business Quant data shows Gross Margin for HGTY at 93.65% in Q4 2025, 79.56% in Q3 2025, and 62.1% in Q2 2025.