Hippo Holdings Inc.
HIPO NYSE Fire, Marine & Casualty Insurance Financials FY2020–FY2025
Revenue
Total sales reported in the income statement.
$469M
25.9%
vs prior year
Operating margin
Operating income as a share of revenue.
—
Net income
Profit after all expenses, interest and tax.
$57.7M
Free cash flow
Cash from operations minus capital spending.
$9.1M
80.7%
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $4.73 EPS (TTM)
What Hippo Holdings Inc. does
No business description yet.
- Legal name
- Hippo Holdings Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 5, 2026
- Accession · CIK
- 0001828105-26-000008
0001828105
Revenue and margins
Hippo Holdings Inc. had $469M of revenue in fiscal 2025, up 25.9% on the year before.
FY20
Revenue $51.6M
FY21
Revenue $91.2M
FY22
Revenue $120M
FY23
Revenue $210M
FY24
Revenue $372M
FY25
Revenue $469M
Q3 '23
Revenue $57.7M
Q4 '23
Revenue $64.5M
Q1 '24
Revenue $85.1M
Q2 '24
Revenue $89.6M
Q3 '24
Revenue $95.5M
Q4 '24
Revenue $102M
Q1 '25
Revenue $110M
Q2 '25
Revenue $117M
Q3 '25
Revenue $121M
Q4 '25
Revenue $120M
Q1 '26
Revenue $122M
Q2 '26
Revenue $145M
FY20
Gross —
Operating —
Net −274.2%
FCF −127.5%
FY21
Gross —
Operating —
Net −407.2%
FCF −137.4%
FY22
Gross —
Operating —
Net −278.5%
FCF −139.0%
FY23
Gross —
Operating —
Net −130.2%
FCF −58.2%
FY24
Gross —
Operating —
Net −10.9%
FCF 12.7%
FY25
Gross —
Operating —
Net 12.3%
FCF 1.9%
Gross
Operating
Net
FCF
Q3 '23
Gross —
Operating —
Net −92.0%
FCF 1.6%
Q4 '23
Gross —
Operating —
Net −65.6%
FCF −75.8%
Q1 '24
Gross —
Operating —
Net −42.0%
FCF 20.7%
Q2 '24
Gross —
Operating —
Net −45.2%
FCF −11.9%
Q3 '24
Gross —
Operating —
Net −8.9%
FCF 49.0%
Q4 '24
Gross —
Operating —
Net 43.4%
FCF −6.4%
Q1 '25
Gross —
Operating —
Net −43.2%
FCF −32.4%
Q2 '25
Gross —
Operating —
Net 1.1%
FCF 21.1%
Q3 '25
Gross —
Operating —
Net 81.3%
FCF 13.9%
Q4 '25
Gross —
Operating —
Net 5.0%
FCF 2.7%
Q1 '26
Gross —
Operating —
Net 5.8%
FCF 6.9%
Q2 '26
Gross —
Operating —
Net 7.0%
FCF 29.7%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY20
Net income −$142M
FY21
Net income −$371M
FY22
Net income −$333M
FY23
Net income −$273M
FY24
Net income −$40.5M
FY25
Net income $57.7M
Q3 '23
Net income −$53.1M
Q4 '23
Net income −$42.3M
Q1 '24
Net income −$35.7M
Q2 '24
Net income −$40.5M
Q3 '24
Net income −$8.5M
Q4 '24
Net income $44.2M
Q1 '25
Net income −$47.7M
Q2 '25
Net income $1.3M
Q3 '25
Net income $98.1M
Q4 '25
Net income $6.0M
Q1 '26
Net income $7.1M
Q2 '26
Net income $10.1M
FY20
Diluted EPS −$1.63
FY21
Diluted EPS −$34.11
FY22
Diluted EPS −$14.66
FY23
Diluted EPS −$11.58
FY24
Diluted EPS −$1.64
FY25
Diluted EPS $2.22
Q3 '23
Diluted EPS −$2.24
Q4 '23
Diluted EPS −$1.72
Q1 '24
Diluted EPS −$1.47
Q2 '24
Diluted EPS −$1.64
Q3 '24
Diluted EPS −$0.34
Q4 '24
Diluted EPS $1.81
Q1 '25
Diluted EPS −$1.91
Q2 '25
Diluted EPS $0.05
Q3 '25
Diluted EPS $3.77
Q4 '25
Diluted EPS $0.31
Q1 '26
Diluted EPS $0.27
Q2 '26
Diluted EPS $0.38
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY20
Return on capital —
Return on equity —
Return on assets −14.4%
FY21
Return on capital —
Return on equity −112.5%
Return on assets −28.3%
FY22
Return on capital —
Return on equity −46.0%
Return on assets −20.8%
FY23
Return on capital —
Return on equity −56.4%
Return on assets −17.7%
FY24
Return on capital —
Return on equity −10.9%
Return on assets −2.6%
FY25
Return on capital —
Return on equity 14.5%
Return on assets 3.3%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $9.1M in fiscal 2025, 1.9% of revenue. Cash from operations minus capital spending.
FY20
Free cash flow −$65.8M
FY21
Free cash flow −$125M
FY22
Free cash flow −$166M
FY23
Free cash flow −$122M
FY24
Free cash flow $47.2M
FY25
Free cash flow $9.1M
Q3 '23
Free cash flow $0.9M
Q4 '23
Free cash flow −$48.9M
Q1 '24
Free cash flow $17.6M
Q2 '24
Free cash flow −$10.7M
Q3 '24
Free cash flow $46.8M
Q4 '24
Free cash flow −$6.5M
Q1 '25
Free cash flow −$35.7M
Q2 '25
Free cash flow $24.8M
Q3 '25
Free cash flow $16.8M
Q4 '25
Free cash flow $3.2M
Q1 '26
Free cash flow $8.4M
Q2 '26
Free cash flow $43.0M
FY20
Cash from operations −$65.4M
Capital spending $0.4M
FY21
Cash from operations −$125M
Capital spending $0.8M
FY22
Cash from operations −$162M
Capital spending $4.9M
FY23
Cash from operations −$92.4M
Capital spending $29.6M
FY24
Cash from operations $47.5M
Capital spending $0.3M
FY25
Cash from operations $9.2M
Capital spending $0.1M
Cash from operations
Capital spending
Q3 '23
Cash from operations $1.1M
Capital spending $0.2M
Q4 '23
Cash from operations −$48.5M
Capital spending $0.4M
Q1 '24
Cash from operations $17.7M
Capital spending $0.1M
Q2 '24
Cash from operations −$10.6M
Capital spending $0.1M
Q3 '24
Cash from operations $46.8M
Capital spending $0.0M
Q4 '24
Cash from operations −$6.4M
Capital spending $0.1M
Q1 '25
Cash from operations −$35.6M
Capital spending $0.1M
Q2 '25
Cash from operations $24.7M
Capital spending −$0.1M
Q3 '25
Cash from operations $16.9M
Capital spending $0.1M
Q4 '25
Cash from operations $3.2M
Capital spending $0.0M
Q1 '26
Cash from operations $8.5M
Capital spending $0.1M
Q2 '26
Cash from operations $43.1M
Capital spending $0.1M
Cash from operations
Capital spending
Dividends, buybacks and share count
Hippo Holdings Inc. returned $14.5M to shareholders in fiscal 2025, 159% of free cash flow. The diluted share count rose 5.3%.
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks $0.0M
FY23
Dividends —
Buybacks $1.8M
FY24
Dividends —
Buybacks $15.6M
FY25
Dividends —
Buybacks $14.5M
Dividends
Buybacks
Q3 '23
Dividends —
Buybacks $0.0M
Q4 '23
Dividends —
Buybacks $0.0M
Q1 '24
Dividends —
Buybacks $0.0M
Q2 '24
Dividends —
Buybacks $0.0M
Q3 '24
Dividends —
Buybacks $0.0M
Q4 '24
Dividends —
Buybacks $15.6M
Q1 '25
Dividends —
Buybacks —
Q2 '25
Dividends —
Buybacks —
Q3 '25
Dividends —
Buybacks —
Q4 '25
Dividends —
Buybacks $0.0M
Q1 '26
Dividends —
Buybacks —
Q2 '26
Dividends —
Buybacks —
Dividends
Buybacks
FY20
Diluted shares 0.09B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.02B
FY23
Diluted shares 0.02B
FY24
Diluted shares 0.02B
FY25
Diluted shares 0.03B
Balance sheet
Cash, debt and the ratios that show how comfortably Hippo Holdings Inc. can carry it.
FY20
Cash $452M
Debt —
FY21
Cash $785M
Debt —
FY22
Cash $519M
Debt —
FY23
Cash $329M
Debt —
FY24
Cash $198M
Debt —
FY25
Cash $218M
Debt —
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $785M | $519M | $329M | $198M | $218M |
| Total assets | $1.6B | $1.6B | $1.5B | $1.5B | $1.9B |
| Total liabilities | $781M | $975M | $1.1B | $1.2B | $1.5B |
| Shareholders' equity | $860M | $590M | $378M | $362M | $436M |
| Net debt (− = net cash) | — | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✕ | ✕ | ✕ | ✓ |
| Cash from operations is positive | ✕ | ✕ | ✕ | ✕ | ✓ | ✓ |
| Return on assets rose | — | ✕ | ✓ | ✓ | ✓ | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ |
| Debt fell relative to assets | — | — | — | — | — | — |
| Current ratio rose | — | — | — | — | — | — |
| Share count didn't rise | — | ✓ | ✕ | ✕ | ✕ | ✕ |
| Gross margin rose | — | — | — | — | — | — |
| Revenue rose relative to assets | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| F-score | — / 3 | — / 6 | — / 6 | — / 6 | — / 6 | — / 6 |
| Accruals ratio | −7.8% | −18.8% | −10.7% | −11.7% | −5.7% | 2.8% |
| Altman Z'' | — | — | — | — | — | — |
6 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $51.6M | $91.2M | $120M | $210M | $372M | $469M |
| Pretax income | −$143M | −$367M | −$325M | −$263M | −$27.4M | $63.3M |
| Income tax | −$1.8M | $0.7M | $1.3M | $0.5M | $1.2M | $0.7M |
| Net income | −$142M | −$371M | −$333M | −$273M | −$40.5M | $57.7M |
| Net income to common | −$142M | −$371M | −$333M | −$273M | −$40.5M | $57.7M |
| Diluted EPS | −$1.63 | −$34.11 | −$14.66 | −$11.58 | −$1.64 | $2.22 |
| Diluted shares | 0.09B | 0.01B | 0.02B | 0.02B | 0.02B | 0.03B |
| Cash flow | ||||||
| Cash from operations | −$65.4M | −$125M | −$162M | −$92.4M | $47.5M | $9.2M |
| Capital expenditure | $0.4M | $0.8M | $4.9M | $29.6M | $0.3M | $0.1M |
| Free cash flow | −$65.8M | −$125M | −$166M | −$122M | $47.2M | $9.1M |
| Depreciation and amortization | $6.7M | $11.0M | $15.2M | $19.8M | $23.2M | $20.4M |
| Stock-based compensation | $17.2M | $24.3M | $61.9M | $57.5M | $38.2M | $29.3M |
| Acquisitions | $83.7M | $0.6M | — | — | — | — |
| Share buybacks | — | — | $0.0M | $1.8M | $15.6M | $14.5M |
| Dividends and buybacks | — | — | $0.0M | $1.8M | $15.6M | $14.5M |
| Balance sheet | ||||||
| Cash and short-term investments | $452M | $785M | $519M | $329M | $198M | $218M |
| Current assets | $1.7M | — | — | — | — | — |
| Current liabilities | $0.2M | — | — | — | — | — |
| Property and equipment, net | — | $1.1M | $5.4M | $34.9M | $33.0M | $31.6M |
| Goodwill | $47.8M | $53.5M | $0.0M | $0.0M | $0.0M | — |
| Intangible assets | $33.9M | $32.2M | $26.9M | $27.3M | $17.0M | $13.8M |
| Total assets | $979M | $1.6B | $1.6B | $1.5B | $1.5B | $1.9B |
| Total liabilities | $834M | $781M | $975M | $1.1B | $1.2B | $1.5B |
| Shareholders' equity | −$200M | $860M | $590M | $378M | $362M | $436M |
| Margins | ||||||
| Net margin | −274.2% | −407.2% | −278.5% | −130.2% | −10.9% | 12.3% |
| FCF margin | −127.5% | −137.4% | −139.0% | −58.2% | 12.7% | 1.9% |
| Returns | ||||||
| Return on equity | — | −112.5% | −46.0% | −56.4% | −10.9% | 14.5% |
| Return on assets | −14.4% | −28.3% | −20.8% | −17.7% | −2.6% | 3.3% |
| Return on tangible equity | — | −48.0% | −59.2% | −77.9% | −11.7% | 13.7% |
| Growth | ||||||
| Revenue growth | — | 76.7% | 31.3% | 75.2% | 77.4% | 25.9% |
| FCF growth | — | — | — | — | — | −80.7% |
| Share count change | — | −87.5% | 108.9% | 3.7% | 4.8% | 5.3% |
| Financial health | ||||||
| Current ratio | 11.2x | — | — | — | — | — |
| Quick ratio | 11.2x | — | — | — | — | — |
| Capital allocation | ||||||
| Capex / revenue | 0.8% | 0.9% | 4.1% | 14.1% | 0.1% | 0.0% |
| Stock comp / revenue | 33.3% | 26.6% | 51.7% | 27.4% | 10.3% | 6.3% |
| Payouts / FCF | — | — | — | — | 33.1% | 159.3% |
| Quality scores | ||||||
| Accruals ratio | −7.8% | −18.8% | −10.7% | −11.7% | −5.7% | 2.8% |
Source: SEC EDGAR XBRL filings (CIK 0001828105). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.