Hippo Holdings Inc. (HIPOW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
ONE ALMADEN BLVD SAN JOSE, CA 95113 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 197,600 | 329,200 | 519,300 | 784,700 | |||
| Cash and cash equivalent | 197,600 | 142,100 | 194,500 | 775,600 | |||
| Short-term investments | 187,100 | 324,800 | 9,100 | ||||
| Total current assets: | 197,600 | 329,200 | 519,300 | 784,700 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 4,700 | 10,600 | 27,600 | ||||
| Property, plant and equipment | 33,000 | 34,900 | 5,400 | 34,500 | |||
| Long-term investments and receivables | 161,700 | 121,100 | 54,900 | ||||
| Long-term investments | 161,700 | 121,100 | 54,900 | ||||
| Intangible assets, net (including goodwill) | 17,000 | 27,300 | 26,900 | 85,700 | |||
| Goodwill | 53,500 | ||||||
| Intangible assets, net (excluding goodwill) | 17,000 | 27,300 | 26,900 | 32,200 | |||
| Total noncurrent assets: | 54,700 | 234,500 | 181,000 | 175,100 | |||
| Other undisclosed assets | 1,291,100 | 961,000 | 868,600 | 682,900 | |||
| TOTAL ASSETS: | 1,543,400 | 1,524,700 | 1,568,900 | 1,642,700 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 1,178,200 | 1,140,000 | 975,400 | 781,000 | |||
| Total liabilities: | 1,178,200 | 1,140,000 | 975,400 | 781,000 | |||
| Equity | |||||||
| Equity, attributable to parent | 362,100 | 377,900 | 589,900 | 859,600 | |||
| Additional paid in capital | 1,639,700 | 1,615,200 | 1,558,000 | 1,488,300 | |||
| Accumulated other comprehensive income (loss) | (2,700) | (2,900) | (7,000) | (700) | |||
| Accumulated deficit | (1,274,900) | (1,234,400) | (961,100) | (628,000) | |||
| Equity, attributable to noncontrolling interest | 3,100 | 6,800 | 3,600 | 2,100 | |||
| Total equity: | 365,200 | 384,700 | 593,500 | 861,700 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,543,400 | 1,524,700 | 1,568,900 | 1,642,700 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Revenues | 372,100 | 209,700 | 119,700 | 91,200 | ||
| Premiums earned, net | 272,500 | 107,500 | 42,500 | 38,900 | ||
| Cost of revenue (Liability for Future Policy Benefits, Period Expense (Income)) | (88,800) | (79,100) | (59,900) | (41,700) | ||
| Gross profit: | 283,300 | 130,600 | 59,800 | 49,500 | ||
| Operating expenses | (67,500) | (159,700) | (173,300) | (144,200) | ||
| Other operating income, net (Other undisclosed Other operating income, net) | ||||||
| Operating income (loss): | 215,800 | (29,100) | (113,500) | (94,700) | ||
| Interest and debt expense | 47,000 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 215,800 | (29,100) | (113,500) | (47,700) | ||
| Other undisclosed loss from continuing operations before income taxes | (243,200) | (233,400) | (211,700) | (319,500) | ||
| Loss from continuing operations before income taxes: | (27,400) | (262,500) | (325,200) | (367,200) | ||
| Income tax expense (benefit) | (1,200) | (500) | (1,300) | (700) | ||
| Loss from continuing operations: | (28,600) | (263,000) | (326,500) | (367,900) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (367,900) | |
| Net loss: | (28,600) | (263,000) | (326,500) | (367,900) | ||
| Net loss attributable to noncontrolling interest | (11,900) | (10,100) | (6,900) | (3,500) | ||
| Net loss available to common stockholders, diluted: | (40,500) | (273,100) | (333,400) | (371,400) | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Net loss: | (28,600) | (263,000) | (326,500) | (367,900) | ||
| Other comprehensive loss | (6,300) | (800) | ||||
| Comprehensive loss: | (28,600) | (263,000) | (332,800) | (368,700) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (11,900) | (10,100) | (6,900) | (3,500) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 200 | 4,100 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (40,300) | (269,000) | (339,700) | (372,200) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.