Hagerty Reports Second Quarter 2025 Results; Increases 2025 Outlook for Revenue and Profit Growth
1. Hagerty raised 2025 revenue growth outlook to 13-14%. 2. Second quarter Total Revenue rose 18% year-over-year to $368.7 million. 3. Marketplace revenue surged 327% year-over-year, indicating strong demand. 4. Adjusted EBITDA increased 20% year-over-year, showing operational efficiency gains. 5. Hagerty plans to control 100% of premium from new Markel arrangement in 2026.