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 (HGTY) has 6 years of Tax Provisions data on file, last reported 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.
- The five-year high for Tax Provisions was $11.1 million in Q4 2025, with the low at -$32.8 million in Q3 2025.
- Average Tax Provisions over 5 years is $1.2 million, with a median of $3.7 million recorded in 2023.
- Year-over-year, Tax Provisions surged 5159.34% in 2023 and plunged 3112.72% in 2025.
- Hagerty's Tax Provisions stood at $2.9 million in 2022, then jumped by 56.16% to $4.6 million in 2023, then increased by 18.95% to $5.5 million in 2024, then surged by 104.01% to $11.1 million in 2025, then plunged by 173.6% to -$8.2 million in 2026.
- Business Quant data shows HGTY's Tax Provisions at -$8.2 million in Q1 2026, $11.1 million in Q4 2025, and -$32.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -65.58 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 748.00 Mn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 646.00 Mn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 52.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 408.00 Mn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 650.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -304.50 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 109.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 30.42 Mn |
| 10 | Hagerty | 1.22 Bn | 1.43 Bn | - | -8.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.58 Mn |