Exzeo was Hci’s largest segment in fiscal 2025, bringing in $442.56M of $650.44M (68%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Insurance Operation | $1.00B | $1.09B | $1.43B | — | |||||||
| Insurance Operations | — | — | — | — | |||||||
| Hcpci Insurance Operations | — | — | — | — | |||||||
| Exzeo | — | — | — | $442.56M | |||||||
| Typtap Group | — | — | — | — | |||||||
| Reciprocal Exchange Operations | — | — | — | $131.10M | |||||||
| Corporate & Other | $12.98M | $20.72M | $52.58M | $47.13M | |||||||
| Real Estate Operations | — | — | $28.13M | $29.65M | |||||||
| Total | $1.01B | $1.11B | $1.52B | $650.44M |
Hci brought in $650.44M from its four segments in fiscal 2025, the year ended December 31, 2025. Hci regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $1.52B. Exzeo was the largest at $442.56M (68.0%), ahead of Reciprocal Exchange Operations at $131.10M (20.2%) and Corporate & Other at $47.13M (7.2%). The remaining segment, Real Estate Operations, brought in $29.65M.
Compared with fiscal 2024, Real Estate Operations grew 5.4% to $29.65M, while Corporate & Other fell 10.4% to $47.13M.
Hci began breaking out Exzeo in fiscal 2025 and Reciprocal Exchange Operations in fiscal 2025. Hci stopped reporting Insurance Operation as a separate segment after fiscal 2024, when it brought in $1.43B.
Hci (HCI) reports its revenue by segment. In fiscal 2025, Exzeo was its largest segment, bringing in $442.56M (68.0% of the total), followed by Reciprocal Exchange Operations at $131.10M (20.2%).
Exzeo was Hci's largest segment in fiscal 2025, bringing in $442.56M, or 68.0% of the $650.44M total across its four segments.
Every figure comes from Hci's annual financial filings, as reported. Each line keeps the name Hci gives it, and years follow its fiscal calendar.
Hci's revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.