Hippo Insurance

About

Funding history · 7 rounds · $1.3B total

Q&A

What were Hippo Holdings' financial results for the fourth quarter of 2024?

In Q4 2024, Hippo reported strong financial results, achieving $8.5 million in positive adjusted EBITDA and a significant improvement in gross loss ratio. Revenue nearly doubled, despite facing $42 million in estimated catastrophe losses from the Los Angeles wildfires. The company aims to turn net income profitable by Q4 2025.

What was the outcome of Hippo Holdings' full year 2024 earnings report?

Hippo Holdings reported a significant increase in revenue for the full year 2024, reaching $372.1 million, a 77% rise from the previous fiscal year. The company also narrowed its net loss by 85% to $40.5 million, and earnings per share surpassed analyst estimates by 55%.

What were Hippo Holdings' financial results for the first quarter of 2025?

In Q1 2025, Hippo reported a 30% year-over-year revenue increase to $110 million. The company experienced 35% growth in gross written premium through its homebuilder channel and a 21% increase outside its Hippo Home Insurance Program. Despite higher loss ratios due to the Los Angeles wildfires, Hippo improved its operating leverage by reducing fixed expenses.

What was the outcome of Hippo Holdings' Q3 2024 financial results?

Hippo reported positive financial results for Q3 2024, with a 65% year-over-year revenue increase to $95 million and significantly improved loss ratios. The company also sold a majority stake in First Connect Insurance Services to Centana Growth Partners.

What leadership appointment did Hippo make in September 2025?

In September 2025, Hippo appointed Robin Gordon as its new Chief Data Officer. Gordon will lead the company's Data & Analytics function, focusing on predictive modeling, machine learning, and AI to enhance risk management and drive sustainable growth.

What was the key announcement from Hippo's Investor Day in June 2025?

During its 2025 investor day, Hippo Holdings' CEO Rick McCathron discussed the company's path to profitability, aiming for net income profitability by 2025. The company also announced a new partnership with Baldwin Insurance Group to expand its reach in the home insurance market.

What was the outcome of Hippo Holdings' Q2 2025 earnings and revenue?

Hippo Holdings Inc. reported a quarterly earnings surprise in Q2 2025, posting $0.65 per share against an expected loss of $0.65 per share. The company also reported revenues of $117.3 million, surpassing estimates and showing growth from the previous year's $89.6 million.

What was the outcome of Hippo Holdings' Q3 2025 earnings and revenues?

Hippo Holdings Inc. reported a significant earnings surprise for Q3 2025, with earnings of $0.7 per share compared to the Zacks Consensus Estimate of $0.04 per share. The company also reported revenues of $120.6 million, surpassing estimates and showing growth from the previous year's $95.5 million.

What was the outcome of Hippo Holdings' 2025 financial turnaround?

Hippo Holdings Inc. reported a significant financial turnaround in 2025, achieving a net income of $58 million, marking a $98 million improvement year-over-year. This was driven by a 24% increase in Gross Written Premium, surpassing $1.1 billion.

What was the focus of Hippo's fourth annual Housepower Report released in January 2026?

Hippo's fourth annual Housepower Report, released in January 2026, highlighted increased homeowner satisfaction despite financial strains and climate risks. The report emphasized the importance of proactive home care and insurance to manage challenges, with Hippo leveraging property data and home expertise to offer tailored solutions.

Team · 2

Asaf Wand

Founder · Co-founder & Executive Chairman

LinkedIn ↗

Eyal Navon

Founder · Co-founder & CTO

LinkedIn ↗

Sectors & technology

Tags