Growth Metrics

Hagerty (HGTY) Operating Expenses (2021 - 2025)

Hagerty's Operating Expenses history spans 5 years, with the latest figure at $356.7 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 18.93% year-over-year to $356.7 million; the TTM value through Dec 2025 reached $1.3 billion, up 14.76%, while the annual FY2025 figure was $1.3 billion, 14.76% up from the prior year.
  • Operating Expenses for Q4 2025 was $356.7 million at Hagerty, up from $345.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $356.7 million in Q4 2025 and bottomed at $134.3 million in Q1 2021.
  • The 5-year median for Operating Expenses is $241.2 million (2023), against an average of $246.3 million.
  • The largest annual shift saw Operating Expenses soared 43.08% in 2022 before it rose 2.44% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $175.4 million in 2021, then soared by 32.69% to $232.7 million in 2022, then grew by 2.44% to $238.4 million in 2023, then rose by 25.79% to $299.9 million in 2024, then increased by 18.93% to $356.7 million in 2025.
  • Per Business Quant, the three most recent readings for HGTY's Operating Expenses are $356.7 million (Q4 2025), $345.7 million (Q3 2025), and $321.0 million (Q2 2025).