Hippo Holdings (HIPO) Operating Expenses (2020 - 2026)
Hippo Holdings' Operating Expenses was $133.7 million in Q2 2026, up 18.0% from $113.3 million a year earlier and up 17.0% from the prior quarter.
Hippo Holdings (HIPO) Operating Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hippo Holdings' Operating Expenses was $384.1 million through Jun 30, 2026, down 9.6% year-over-year; for FY2025, it was $405.3 million, up 1.5% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $399.5 million in FY2024 (-15.4%), $472.2 million in FY2023 (+6.1%), $444.9 million in FY2022 (-2.9%) and $458.4 million in FY2021 (+135.3%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q1 2025.
- Compared with a year earlier, Operating Expenses was higher in three of the last eight quarters, with an average decline of 1.4%.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2022 (growth of 209.0%); the worst was Q3 2025 (a decline of 77.7%).
- Per Business Quant data, HIPO's Operating Expenses in the three quarters before Q2 2026 was $114.3 million (Q1 2026), $113.6 million (Q4 2025) and $22.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 12.19 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 19.40 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 5.51 Bn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 9.39 Bn |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | -902.21 Mn |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 18.12 Bn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 3.59 Bn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 14.45 Bn |
| 10 | Hippo Holdings | 813.18 Mn | -692.12 Mn | - | 133.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 133.70 Mn |
| Mar 31, 2026 | 114.30 Mn |
| Dec 31, 2025 | 113.60 Mn |
| Sep 30, 2025 | 22.50 Mn |
| Jun 30, 2025 | 113.30 Mn |
| Mar 31, 2025 | 155.90 Mn |
| Dec 31, 2024 | 54.80 Mn |
| Sep 30, 2024 | 100.70 Mn |
| Jun 30, 2024 | 126.10 Mn |
| Mar 31, 2024 | 118.00 Mn |
| Dec 31, 2023 | 103.50 Mn |
| Sep 30, 2023 | 108.30 Mn |
| Jun 30, 2023 | 152.70 Mn |
| Mar 31, 2023 | 107.60 Mn |
| Dec 31, 2022 | 95.80 Mn |
| Sep 30, 2022 | 157.90 Mn |
| Jun 30, 2022 | 100.40 Mn |
| Mar 31, 2022 | 90.80 Mn |
| Dec 31, 2021 | 91.10 Mn |
| Sep 30, 2021 | 51.10 Mn |
Hippo Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HIPO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HIPO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HIPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();