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
DateValue
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