Hagerty (HGTY) Gross Margin (2021 - 2025)
Hagerty's Gross Margin history spans 5 years, with the latest figure at 58.47% for Q3 2025.
- For Q3 2025, Gross Margin fell 9528.0% year-over-year to 58.47%; the TTM value through Sep 2025 reached 76.68%, up 4757.0%, while the annual FY2024 figure was 70.38%, 21.0% down from the prior year.
- Gross Margin for Q3 2025 was 58.47% at Hagerty, down from 87.02% in the prior quarter.
- Across five years, Gross Margin topped out at 153.76% in Q3 2024 and bottomed at 58.47% in Q3 2025.
- The 5-year median for Gross Margin is 74.03% (2024), against an average of 80.03%.
- The largest annual shift saw Gross Margin surged 7108bps in 2024 before it plummeted -9528bps in 2025.
- A 5-year view of Gross Margin shows it stood at 63.34% in 2021, then skyrocketed by 33bps to 84.37% in 2022, then soared by 35bps to 114.15% in 2023, then tumbled by -35bps to 74.03% in 2024, then fell by -21bps to 58.47% in 2025.
- Per Business Quant, the three most recent readings for HGTY's Gross Margin are 58.47% (Q3 2025), 87.02% (Q2 2025), and 67.74% (Q1 2025).