Hippo 3Q 2026: Revenue $156M, Net income $8.8M, EPS $0.33— 10-Q Summary
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Hippo Holdings Inc. reported third-quarter 2026 revenue of $156M, up 29% from $120.6M a year earlier, as net earned premiums increased. Net income attributable to Hippo was $8.8M, compared with $98.1M in the prior-year quarter, which included a $95M gain on sale; diluted EPS was $0.33 versus $3.77.
Financial Highlights
- Revenue was $156.0M, compared with $120.6M in the prior-year quarter; YoY change 29%.
- Net income attributable to Hippo was $8.8M, compared with $98.1M in the prior-year quarter.
- Diluted EPS was $0.33, compared with $3.77 in the prior-year quarter.
Business Highlights
- Gross written premium rose 60% to $498.1M, led by growth in Casualty and Commercial Multi-Peril.
- Hippo said it is shifting its portfolio toward less catastrophe-exposed Commercial Multi-Peril and Casualty lines, reducing the share of homeowners coverage over time.
- Growth reflected increased volume with existing MGA partners and new program relationships; third-party MGA fronting fees also increased.
- In June 2026, Hippo consolidated catastrophe coverage into a group program and added whole-account quota share protection across property and casualty. Management said the arrangement was designed to support growth optionality and portfolio-level risk management.
Original SEC Filing: Hippo Holdings Inc. [ HIPO ] - 10-Q - Oct. 28, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.