Hagerty (HGTY) Research & Development (2021 - 2025)

Hagerty has reported Research & Development for 5 years, with the latest figure at $58.5 million in Q4 2025.

• Quarterly Research & Development rose 33.82% year-over-year to $58.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $258.2 million (up 35.52% YoY) and the FY2025 annual result came in at $258.2 million, up 35.52% from the prior year.
• Research & Development slipped to $58.5 million in Q4 2025 per HGTY's latest filing, from $77.7 million in the prior quarter.
• Over five years, Research & Development peaked at $77.7 million in Q3 2025 and troughed at $20.4 million in Q1 2021.
• A 5-year average of $42.7 million and a median of $40.8 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2025: Research & Development increased 2.58% in 2023, then jumped 40.4% in 2025.
• Over 5 years, Research & Development stood at $26.7 million in 2021, then grew by 15.44% to $30.8 million in 2022, then climbed by 2.58% to $31.6 million in 2023, then surged by 38.45% to $43.7 million in 2024, then soared by 33.82% to $58.5 million in 2025.
• According to Business Quant data, Research & Development over the past three periods registered $58.5 million, $77.7 million, and $67.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.