Goosehead Insurance ( (GSHD) ) has released its Q1 earnings. Here is a breakdown of the information Goosehead Insurance presented to its investors.
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Goosehead Insurance, Inc. is a rapidly expanding independent personal lines insurance agency that operates through corporate and franchise locations across the United States, offering a broad range of insurance products and services.
In its first quarter of 2025, Goosehead Insurance reported a significant increase in financial performance, with total revenue rising by 17% to $75.6 million and net income reaching $2.6 million, up from $1.8 million in the previous year. The company also announced a new $100 million share repurchase authorization.
Key financial metrics for the quarter included a 22% increase in total written premiums to $1.0 billion and a 46% rise in net income. Adjusted EBITDA grew by 32% to $15.5 million, with a margin expansion to 21%. The company also saw a 13% increase in policies in force and a 46% growth in corporate agent headcount.
Looking ahead, Goosehead Insurance remains optimistic about its growth prospects, with expectations of placing between $4.65 billion and $4.88 billion in total written premiums for 2025. The company aims to continue expanding its market presence and enhancing its service offerings through strategic investments in technology and personnel.