Hagerty Reports Q3 2026 Results & Raises Growth Outlook
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Hagerty Reports Third Quarter 2026 Results and Increases Growth Outlook
Traverse City, Michigan, USA - Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and specialty vehicle insurer, reported its financial results for the third quarter ended September 30, 2026, showcasing strong underlying operational performance and record member growth.
During the first nine months of 2026, the company added a record 402,000 new members, pushing total policies in force up 18% year-over-year to 1.9 million. Written premium grew 18% to $1,099 million for the year-to-date period, while earned premium increased 42% to $757 million. Driven by this momentum and the successful transition to the Markel Fronting Arrangement, Hagerty increased its full-year 2026 profit outlook, projecting net income between $48 million and $60 million and adjusted EBITDA between $305 million and $315 million.
- Third quarter 2026 written premium increased 16% year-over-year to $386 million.
- Third quarter 2026 net income reached $36 million, compared to $46 million in the prior year period.
- Adjusted EBITDA for the third quarter increased 64% year-over-year to $97 million.
- Hagerty Re combined ratio improved to 79.7% in the third quarter compared to 89.6% in the prior year period.
Financial Highlights
