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Hippo Holdings (HIPO)
NYSE:HIPO
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.71Last Year’s EPS
-1.64Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 19.75%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue and premium growth, operational efficiency improvements, and strategic capital raising efforts. However, these positive developments were offset by substantial losses and increased expenses due to the Los Angeles wildfires, leading to an increased net loss and adjusted EBITDA loss.Company Guidance
During the first quarter of 2025, Hippo made significant progress in key business objectives, reporting a 35% year-over-year increase in gross written premium for its Hippo Homeowner's Insurance Program (HHIP). Despite the impact of the Los Angeles wildfires, which increased the HHIP gross loss ratio by 41 percentage points to 121%, the company achieved a 30% revenue growth to $110 million, driven by a 91% growth in the insurance-as-a-service segment. The company is on track to achieve a net profit by the end of 2025, with an annual revenue run rate exceeding $500 million. Hippo also plans to expand its new business and has raised a $50 million surplus note to further support growth, particularly within the Spinnaker platform. Operating expenses decreased by 18% year-over-year, contributing to an adjusted EBITDA loss of $41 million, affected by $45 million in wildfire-related expenses.Strong Revenue Growth
Revenue grew 30% year-over-year to $110 million, driven by a 91% increase in insurance-as-a-service revenue and a 12% increase in Hippo Home Insurance Program (HHIP) revenue.
Significant Premium Growth
Hippo Homeowner's Insurance Program saw a 35% year-over-year increase in gross written premium from homebuilder partners. Written premium outside of HHIP increased by 21% year-over-year.
Operational Efficiency
Reduction in sales and marketing, technology and development, and general administrative expenses by $7 million or 18% year-over-year, leading to a decrease from 48% to 30% of revenue.
Capital Raise for Growth
Agreement to raise a $50 million surplus note to support growth without diluting equity, pending regulatory approval.
HIPO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HIPO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $24.46 | $20.57 | -15.90% |
Mar 06, 2025 | $29.59 | $30.28 | +2.33% |
Nov 08, 2024 | $23.62 | $28.15 | +19.18% |
Aug 08, 2024 | $15.57 | $19.90 | +27.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hippo Holdings (HIPO) report earnings?
Hippo Holdings (HIPO) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Hippo Holdings (HIPO) earnings time?
Hippo Holdings (HIPO) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HIPO EPS forecast?
HIPO EPS forecast for the fiscal quarter 2025 (Q2) is -0.71.