Hagerty (HGTY) Tax Provisions (2021 - 2026)
Hagerty (HGTY) posted Tax Provisions of -$8.2 million for Q1 2026, down 173.6% sequentially from $11.1 million in Q4 2025, and down 249.39% YoY from $5.5 million in Q1 2025.
Hagerty (HGTY) Tax Provisions (2021 - 2026) Analysis & Trends
Hagerty has reported Tax Provisions for 6 years, with the latest figure at -$8.2 million in Q1 2026.
- Quarterly Tax Provisions fell 249.39% year-over-year to -$8.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$23.7 million (down 250.78% YoY) and the FY2025 annual result came in at -$10.0 million, down 165.3% from the prior year.
- Tax Provisions retreated to -$8.2 million in Q1 2026 per HGTY's latest filing, from $11.1 million in the prior quarter.
- Over five years, Tax Provisions peaked at $11.1 million in Q4 2025 and troughed at -$32.8 million in Q3 2025.
- A 5-year average of $1.2 million and a median of $3.7 million in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions soared 5159.34% in 2023, then slumped 3112.72% in 2025.
- Over 5 years, Tax Provisions stood at $2.9 million in 2022, then soared by 56.16% to $4.6 million in 2023, then grew by 18.95% to $5.5 million in 2024, then jumped by 104.01% to $11.1 million in 2025, then tumbled by 173.6% to -$8.2 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$8.2 million, $11.1 million, and -$32.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.97 Bn | 121.21 Bn | 9.13 Bn | 742.00 Mn |
| 2 | Progressive | 124.79 Bn | 119.79 Bn | 9.04 Bn | 898.00 Mn |
| 3 | Travelers Companies | 79.39 Bn | 55.63 Bn | 4.83 Bn | 559.00 Mn |
| 4 | Allstate | 68.10 Bn | 29.37 Bn | 16.28 Bn | 871.00 Mn |
| 5 | Fairfax Financial Holdings | 35.48 Bn | 35.48 Bn | - | -400.30 Mn |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | 321.00 Mn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn | 141.00 Mn |
| 8 | Markel | 23.24 Bn | 6.35 Bn | 2.83 Bn | 332.87 Mn |
| 9 | Assurant | 14.10 Bn | 12.07 Bn | 2.71 Bn | 78.30 Mn |
| 10 | Hagerty | 1.32 Bn | 1.02 Bn | 244.11 Mn | -5.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.81 Mn |
| Mar 31, 2026 | -8.20 Mn |
| Dec 31, 2025 | 11.14 Mn |
| Sep 30, 2025 | -32.83 Mn |
| Jun 30, 2025 | 6.16 Mn |
| Mar 31, 2025 | 5.49 Mn |
| Dec 31, 2024 | 5.46 Mn |
| Sep 30, 2024 | -1.02 Mn |
| Jun 30, 2024 | 5.81 Mn |
| Mar 31, 2024 | 5.13 Mn |
| Dec 31, 2023 | 4.59 Mn |
| Sep 30, 2023 | 4.60 Mn |
| Jun 30, 2023 | 3.73 Mn |
| Mar 31, 2023 | 3.67 Mn |
| Dec 31, 2022 | 2.94 Mn |
| Sep 30, 2022 | -91,000.00 |
| Jun 30, 2022 | 2.14 Mn |
| Mar 31, 2022 | 2.03 Mn |
| Dec 31, 2021 | 1.96 Mn |
| Sep 30, 2021 | 1.89 Mn |