Commission & Fee Revenue was Hagerty’s largest revenue line in fiscal 2025, bringing in $807.56M of $1.30B (62%).
| Contract with Customer, Sales Channel | FY 2020 | FY 2021 | FY 2021 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Commission & Fee Revenue | $494.25M | $569.88M | $807.56M | |||
| Contingent Commission Revenue | $355.16M | $195.49M | $242.37M | |||
| Membership & Other Revenue | $224.25M | — | $247.13M | |||
| Total | $1.07B | $765.37M | $1.30B |
Hagerty brought in $1.30B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $2.42B it reports by geography, so these revenue lines do not cover all of its revenue. Commission & Fee Revenue was the largest at $807.56M (62.3%), ahead of Membership & Other Revenue at $247.13M (19.1%) and Contingent Commission Revenue at $242.37M (18.7%).
Compared with fiscal 2024, Commission & Fee Revenue grew 41.7% to $807.56M and Contingent Commission Revenue grew 24.0% to $242.37M. Some of that change comes from Hagerty regrouping its revenue lines.
U.S was Hagerty’s largest region in fiscal 2025, bringing in $2.12B of $2.42B (87%).
| Geography | FY 2020 | FY 2021 | FY 2025 |
|---|---|---|---|
| U.S | $2.12B | ||
| International | $305.51M | ||
| Canada | — | ||
| Europe | — | ||
| Total | $2.42B |
Hagerty brought in $2.42B from its two regions in fiscal 2025, the year ended December 31, 2025. U.S was the largest at $2.12B (87.4%), ahead of International at $305.51M (12.6%).
Agent was Hagerty’s largest revenue line in fiscal 2025, bringing in $807.56M of $1.46B (55%).
| Contract With Customer Sales Channel | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Agent | $900.20M | $475.06M | $699.84M | $807.56M | ||
| Direct | $135.70M | $494.25M | $569.88M | $651.57M | ||
| Total | $1.04B | $969.31M | $1.27B | $1.46B |
Hagerty brought in $1.46B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $2.42B it reports by geography, so these revenue lines do not cover all of its revenue. Agent was the largest at $807.56M (55.3%), ahead of Direct at $651.57M (44.7%).
Compared with fiscal 2024, Agent grew 15.4% to $807.56M and Direct grew 14.3% to $651.57M.
Hagerty (HGTY) reports its revenue by contract with customer, sales channel, by geography and by contract with customer sales channel. In fiscal 2025, Commission & Fee Revenue was its largest revenue line, bringing in $807.56M (62.3% of the total), followed by Membership & Other Revenue at $247.13M (19.1%).
Commission & Fee Revenue was Hagerty's largest revenue line in fiscal 2025, bringing in $807.56M, or 62.3% of the $1.30B total across its three revenue lines.
U.S was Hagerty's largest region in fiscal 2025, bringing in $2.12B, or 87.4% of the $2.42B total across its two regions.
Agent grew faster than Direct in fiscal 2025, up 15.4% from $699.84M to $807.56M. Direct grew 14.3% to $651.57M.
Every figure comes from Hagerty's annual financial filings, as reported. Each line keeps the name Hagerty gives it, and years follow its fiscal calendar.
Hagerty's revenue by contract with customer, sales channel goes back to fiscal 2020, 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.