Heritage Insurance Holdings, Inc. (HRTG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 212.66M | 142.42M | 212.46M | 208.03M | 211.52M | 210.26M | 211.85M | 203.57M | 203.6M | 186.97M | 186.3M | 185.31M | 176.92M | 174.59M | 165.49M | 163.77M | 158.61M | 166.71M | 167.41M | 150.2M |
| Revenue Growth % | 0.54% | -32.27% | 0.29% | 2.19% | 3.89% | 12.46% | 13.71% | 9.85% | 15.08% | 7.09% | 12.57% | 13.15% | 11.55% | 4.72% | -1.14% | 9.04% | 7.72% | 4.49% | 1.39% | 10.43% |
| Medical Costs & Claims | 91.6M | 48.47M | 119.95M | 118.77M | 145.22M | 157.59M | 178.53M | 153.15M | 158.26M | 134.04M | 173.82M | 148.1M | 0 | 144.23M | 195.04M | 139.9M | 178.29M | 135.78M | 165.62M | 138.67M |
| Medical Cost Ratio % | 43.07% | 34.03% | 56.46% | 57.09% | 68.66% | 74.95% | 84.27% | 75.23% | 77.73% | 71.69% | 93.3% | 79.92% | 0% | 82.61% | 117.86% | 85.42% | 112.41% | 81.45% | 98.93% | 92.32% |
| Gross Profit | 121.06M | 93.95M | 92.51M | 89.27M | 66.3M | 52.67M | 33.32M | 50.42M | 45.34M | 52.92M | 12.48M | 37.22M | 176.92M | 30.36M | -29.55M | 23.87M | -19.69M | 30.93M | 1.79M | 11.53M |
| Gross Margin % | 56.93% | 65.97% | 43.54% | 42.91% | 31.34% | 25.05% | 15.73% | 24.77% | 22.27% | 28.31% | 6.7% | 20.08% | 100% | 17.39% | -17.86% | 14.58% | -12.41% | 18.55% | 1.07% | 7.68% |
| Gross Profit Growth % | 82.6% | 78.36% | 177.64% | 77.05% | 46.23% | -0.48% | 167.08% | 35.48% | -74.37% | 74.34% | 142.22% | 55.89% | 998.67% | -1.86% | -1749% | 107.05% | -240.94% | 83.07% | -86.67% | -57.15% |
| Operating Expenses | 72.02M | 6M | 24.2M | 26.28M | 16.91M | 23.72M | 24.33M | 25.56M | 25.46M | 19.75M | 24.5M | 23.57M | 176.92M | 18.51M | 19.79M | 111.18M | 21.7M | 75.81M | 19.32M | 17.45M |
| OpEx / Revenue % | 33.87% | 4.21% | 11.39% | 12.63% | 7.99% | 11.28% | 11.48% | 12.56% | 12.51% | 10.57% | 13.15% | 12.72% | 100% | 10.6% | 11.96% | 67.89% | 13.68% | 45.48% | 11.54% | 11.61% |
| Depreciation & Amortization | 3.15M | 3.54M | 3.3M | 2.98M | 3.02M | 2.82M | 2.24M | 2.27M | 2.23M | 2.23M | 2.2M | 2.14M | 2.13M | 2.13M | 2.13M | 2.05M | 2.05M | 2.1M | 2.3M | 2.02M |
| Combined Ratio % | 76.94% | 38.25% | 67.84% | 69.72% | 76.65% | 86.23% | 95.75% | 87.79% | 90.24% | 82.26% | 106.46% | 92.63% | 100% | 93.21% | 129.81% | 153.31% | 126.09% | 126.92% | 110.47% | 103.94% |
| Operating Income | 49.04M | 87.95M | 68.32M | 62.99M | 49.39M | 28.95M | 8.99M | 24.86M | 19.87M | 33.17M | -12.03M | 13.65M | 0 | 11.85M | -49.34M | -87.3M | -41.38M | -44.88M | -17.53M | -5.92M |
| Operating Margin % | 23.06% | 61.75% | 32.16% | 30.28% | 23.35% | 13.77% | 4.25% | 12.21% | 9.76% | 17.74% | -6.46% | 7.37% | 0% | 6.79% | -29.81% | -53.31% | -26.09% | -26.92% | -10.47% | -3.94% |
| Operating Income Growth % | -0.71% | 203.8% | 659.58% | 153.39% | 148.51% | -12.73% | 174.79% | 82.1% | - | 179.94% | 75.62% | 115.64% | 100% | 126.4% | -181.48% | -1375.96% | -436.74% | -533.02% | -160.31% | -212.84% |
| EBITDA | 52.19M | 91.49M | 71.62M | 65.97M | 52.41M | 31.77M | 11.24M | 27.12M | 22.1M | 35.4M | -9.83M | 15.79M | 22.22M | 13.97M | -47.2M | -85.25M | -39.34M | -42.78M | -15.22M | -3.89M |
| EBITDA Margin % | 24.54% | 64.24% | 33.71% | 31.71% | 24.78% | 15.11% | 5.3% | 13.32% | 10.85% | 18.93% | -5.28% | 8.52% | 12.56% | 8% | -28.52% | -52.05% | -24.8% | -25.66% | -9.09% | -2.59% |
| Interest Expense | 1.78M | 1.73M | 1.85M | 1.88M | 2.43M | 2.57M | 2.75M | 2.78M | 2.83M | 3M | 2.59M | 2.74M | 2.88M | 3.06M | 2.03M | 1.75M | 1.97M | 2.02M | 2.15M | 1.93M |
| Non-Operating Income | -1.78M | -1.73M | -1.85M | -1.88M | 6.95M | -2.57M | -2.75M | -2.78M | -2.83M | -3M | -2.59M | -2.74M | -20.09M | -3.06M | -2.03M | -1.75M | -1.97M | -2.02M | -2.15M | -1.93M |
| Pretax Income | 49.04M | 87.95M | 68.32M | 62.99M | 40.01M | 28.95M | 8.99M | 24.86M | 19.87M | 33.17M | -12.03M | 13.65M | 17.21M | 11.85M | -49.34M | -87.3M | -41.38M | -44.88M | -17.53M | -5.92M |
| Pretax Margin % | 23.06% | 61.75% | 32.15% | 30.28% | 18.92% | 13.77% | 4.25% | 12.21% | 9.76% | 17.74% | -6.46% | 7.37% | 9.73% | 6.79% | -29.81% | -53.31% | -26.09% | -26.92% | -10.47% | -3.94% |
| Income Tax | 12.56M | 21.27M | 17.89M | 14.97M | 9.54M | 8.65M | 842K | 5.99M | 5.65M | 2.23M | -4.6M | 5.87M | 3.2M | -652K | -1.09M | 563K | -10.62M | 4.34M | -1.12M | -1.97M |
| Effective Tax Rate % | 25.6% | 24.19% | 26.19% | 23.76% | 23.83% | 29.9% | 9.36% | 24.1% | 28.42% | 6.71% | 38.27% | 43.02% | 18.61% | -5.5% | 2.22% | -0.64% | 25.67% | -9.66% | 6.37% | 33.22% |
| Net Income | 36.48M | 66.67M | 50.42M | 48.02M | 30.47M | 20.29M | 8.15M | 18.87M | 14.22M | 30.94M | -7.42M | 7.78M | 14.01M | 12.5M | -48.24M | -87.87M | -30.76M | -49.22M | -16.41M | -3.95M |
| Net Margin % | 17.16% | 46.82% | 23.73% | 23.08% | 14.41% | 9.65% | 3.85% | 9.27% | 6.99% | 16.55% | -3.98% | 4.2% | 7.92% | 7.16% | -29.15% | -53.65% | -19.39% | -29.52% | -9.8% | -2.63% |
| Net Income Growth % | 19.72% | 228.56% | 518.51% | 154.51% | 114.23% | -34.42% | 209.81% | 142.56% | 1.55% | 147.53% | 84.61% | 108.85% | 145.54% | 125.4% | -193.97% | -2124.46% | -497.49% | -1853.4% | -213.59% | -195.6% |
| EPS (Diluted) | 1.19 | 2.15 | 1.63 | 1.55 | 0.99 | 0.66 | 0.27 | 0.61 | 0.47 | 1.15 | -0.28 | 0.30 | 0.55 | 0.48 | -1.83 | -3.32 | -1.15 | -1.79 | -0.59 | -0.14 |
| EPS Growth % | 20.2% | 225.76% | 503.7% | 154.1% | 110.64% | -42.61% | 196.43% | 103.33% | -14.55% | 139.58% | 84.7% | 109.04% | 147.83% | 126.82% | -210.17% | -2271.43% | -538.89% | -1890% | -210.53% | -193.33% |
| EPS (Basic) | 1.19 | 2.16 | 1.63 | 1.55 | 0.99 | 0.66 | 0.27 | 0.62 | 0.47 | 1.15 | -0.28 | 0.30 | 0.55 | 0.49 | -1.83 | -3.32 | -1.15 | -1.79 | -0.59 | -0.14 |
| Diluted Shares Outstanding | 30.74M | 30.96M | 30.95M | 30.91M | 30.76M | 30.65M | 30.74M | 30.71M | 30.44M | 26.88M | 26.7M | 25.63M | 25.62M | 25.85M | 26.37M | 26.45M | 26.79M | 27.55M | 27.94M | 27.9M |