Inferra AI / Company / HIPO

Hippo Holdings Inc.

HIPO · Financials

Last earnings Jul 30, 2026

Key results

Revenuequarter

31%

Revenue grew 31% YoY to $117m driven by an increase in gross earned premium and higher premium retention A Step-Change in

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Profitability Metrics net incomequarter

$1m

revenue increased by $28m, reflecting continued improvement in operational efficiencies These costs decreased as a percentage of revenue by 16pp YoY from 46% in Q2 24 to 30% in Q2 25 Significant Gain in Profitability Metrics Net Income attributable to Hippo of $1m compared to Net Loss of $41m in Q2 of last year

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Adjusted net incomequarter

$17m

Adjusted Net Income of $17m compared to Adjusted Net Loss of $20m in Q2 of last year Financial Strength Cash and investments, excluding restricted cash, increased $76m QoQ to $604m

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

While we grew revenue by more than 30% year over year, fixed expenses decreased by 16% over the same period.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

These targets include: Gross written premium over $2 billion Adjusted net income over $125 million Adjusted return on equity over 18% These targets reflect the continued maturation of our business model and our ability to drive profitable growth over time.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

revenue grew 31% to $117 million, up from $90 million in Q2 of last year.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Net incomequarter

$1 million

Letter to Shareholders | Q2 2025 10 Net Income (Loss) Attributable to Hippo Q2 net income came in at $1 million, a $41 million improvement compared to Q2 of last year.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Adjusted Net Income (Loss) Q2 adjusted net income came in at $17 million, a $37 million improvement compared to Q2 of last year.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

AI analysis

Q2 2025 · reported Aug 6, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Profitability Metrics net income · Q2 2025

$1m

EX-99 · Aug 6, 2025

Adjusted net income · Q2 2025

$17m

EX-99 · Aug 6, 2025

Net income · Q2 2025

$1M

EX-99 · Aug 6, 2025

Headline figures

Metric	Q2 2025	Prior qtr	Year ago
Revenue	31%	—	—
Profitability Metrics net income	$1m	—	—
Adjusted net income	$17m	—	—
Net income	$1 million	—	—

EX-99 · Aug 6, 2025

Guidance · company-stated

Direction: Raised

Company outlook

“Adjusted net income is ~$2m lower in Q3 and ~$3.5m lower in Q4, as a result of the Baldwin partnership 2025 Guidance As we look ahead to the rest of the year, we are raising full-year guidance for all the key metrics we highlighted during our Investor Day.”

Company outlook

“These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial results and other operating and performance metrics, our business strategy, our cost reduction efforts, the quality of our products and services, and the potential growth of our business, including our ability and timing to achieve profitability.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

On July 1, 2025, we repurchased 514,309 shares of our common stock, beneficially owned by Lennar, in a private transaction at a price per share of $28.17, for an aggregate purchase price of $14.5 million.

The repurchase of the shares was made under our existing share repurchase program.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

We unveiled our exciting long-term strategic plan at our Investor Day in New York City, and announced a new, transformative partnership that will accelerate this strategy

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Company outlook: “Adjusted net income is ~$2m lower in Q3 and ~$3.5m lower in Q4, as a result of the Baldwin partnership 2025 Guidance As we look ahead to the rest of the year, we are raising full-year guidance for all the key metrics we highlighted during our Investor Day.”

Company outlook: “These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial results and other operating and performance metrics, our business strategy, our cost reduction efforts, the quality of our products and services, and the potential growth of our business, including our ability and timing to achieve profitability.”

Company outlook — Raised (“raising”)
“Adjusted net income is ~$2m lower in Q3 and ~$3.5m lower in Q4, as a result of the Baldwin partnership 2025 Guidance As we look ahead to the rest of the year, we are raising full-year guidance for all the key metrics we highlighted during our Investor Day.”

Company outlook — Lowered (“reduction”)
“These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial results and other operating and performance metrics, our business strategy, our cost reduction efforts, the quality of our products and services, and the potential growth of our business, including our ability and timing to achieve profitability.”

Classified from the release's primary full-year outlook statement.

Capital allocation

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The repurchase of the shares was made under our existing share repurchase program.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

As of July 1, 2025, after giving effect to the repurchase of the shares, approximately $18 million will remain authorized and available under our share repurchase program.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

government and agencies 103.5 103.5 Corporate securities 49.0 49.0 Total short-term investments 152.5 152.5 Total $ 444.2 $ 3.2 $ ( 1.5 ) $ 445.9 The following tables present the gross unrealized losses and related fair values for the Company s investments in available-for-sale debt securities and short-term investments, grouped by duration of time in a continuous unrealized loss position as of September 30, 2026, and December 31, 2025: 9 Table of Contents HIPPO HOLDINGS INC.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

The holders of the common stock are also entitled to receive dividends whenever funds are legally available and when declared by the board of directors.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

No dividends have been declared or paid since inception.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

Strategy & priorities

We unveiled our exciting long-term strategic plan at our Investor Day in New York City, and announced a new, transformative partnership that will accelerate this strategy.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The strategic plan we presented to investors and analysts is designed to deliver superior returns on capital and is anchored in three powerful pillars: Strategic Diversification: We are actively diversifying our premium base across both personal and commercial lines, while also broadening our reach across the insurance value chain, by leveraging Hippo's hybrid fronting carrier Unlocking Market Growth: We are poised to capitalize on the robust, long-term growth trajectory within the home insurance market through our owned Managing General Agency (MGA), and the Hippo Homeowners Insurance Program (HHIP).

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

This involves iteratively adjusting pricing, coverages, and the degree and nature of risk participation across different lines of business to maximize returns The strategic partnership announced at our Investor Day with The Baldwin Group (NASDAQ: BWIN) is set to supercharge our momentum across all three of our strategic pillars: Program Premium Growth & Diversification: Hippo's hybrid fronting carrier will build upon its decade-long support of Baldwin's MSI Renters and MSI Homeowners programs, extending capacity to a broader spectrum of Baldwin's MGA programs.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

This additional capital will directly fuel our long-term strategy of building a well-balanced portfolio of insurance risks that delivers a superior return on capital Beyond these significant corporate developments, our internal teams remained laser focused on operational efficiency, execution, and excellence throughout the quarter.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Crucially, while expanding our top line remains core to our strategy, we did not compromise on underwriting profitability.

SEC original ↗Hippo Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Risks & headwinds

Other Information Item 1 Legal Proceedings 41 Item 1A Risk Factors 41 Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 41 Item 3 Defaults Upon Senior Securities 41 Item 4 Mine Safety Disclosures 41 Item 5 Other Information 41 Item 6 Exhibits 42 Signatures 43 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements included in this Quarterly Report on Form 10-Q that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

These forward-looking statements are subject to a number of risks, uncertainties, and other factors, including those described above and other risks set forth in the sections entitled Risk Factors in the Company s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and in other documents that may be filed by the Company from time to time with the Securities and Exchange Commission (the SEC ).

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this Quarterly Report on Form 10-Q.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

Legal Proceedings From time to time, the Company may become involved in litigation or other legal proceedings in the ordinary course of business, including claims from policyholders.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

The Company does not believe it is a party to any pending litigation or proceedings that are likely to have a material adverse effect on its business, financial condition, or results of operations.

SEC original ↗Hippo Holdings Inc. — 10-Q Quarterly report10-QOct 29, 2026

Documents

Earnings deck slides

0 decks with slide view

Hippo Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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